Commercial Umbrella

Big I Maryland offers a market for insurance agency umbrella protection through Penn National Insurance (rated A- by Best) to provide excess coverage over top of your E&O coverage. In today's legal environment, increased limits are needed to protect your business.

Penn National Commercial Umbrella

The Penn National Umbrella programs is written by agents for agents and offers our members a comprehensive commercial umbrella that includes coverage over E&O policies from a variety of carriers. 

This program provides the following features and benefits: 

  • Commercial Umbrella coverage built to automatically include Agents/Brokers E&O
  • Marketed exclusively through producer associations
  • Designed to accept agents and brokers with a broad range of producer activities
  • Competitive pricing 
  • Up to $20M limits available 
  • Coverage for Agents/Brokers built to follow form over standard primary E&O policy coverages
  • Minimum primary coverage required GL/BOP and Agents/Brokers E&O
  • Coverage can include excess Employers Liability (except NY), excess Employee Benefits Liability & Mutual Fund or Variable Annuities coverage
  • Options to include up to $5M Personal Umbrella limits for entity principals (except TX and WI) and up to $2M excess EPLI limits

Penn National Underwriting Requirements: 

  • Agency should be in business for more than three years. If less than three years, a resume of each partner, owner, and officer should be provided, and agency is not eligible for staff rating
  • The program does not drop down and provide coverage excess of sub-limits, unless specifically scheduled
  • Umbrella coverage does not extend to Fiduciary Liability, Directors and Officers Financial Investment Securities or Cyber Liability
  • Higher limits are required if defense is within the limits

Get started with Penn National today! Complete the application below and email it to Marie Toney at mdeoteam@bigimd.com once completed along with underlying declaration pages.

Penn National Application


Our Mission

To ensure the success of independent insurance producers and agency staff throughout Maryland by providing access to a suite of top tier products and services.


     2408 Peppermill Dr., Ste A Glen Burnie, MD 21061

     (410)-766-0600

     info@bigimd.com


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