Rockwood Programs, Inc. has established a new subsidiary company – the Public Servant’s Defense Agency (PSDA). This firm will specialize in the provision of professional liability coverage specifically for Police Officers, Firefighters, and Emergency Medical Technicians. A tailored policy form provides defense and indemnity coverage in the event an insured is the target of an administrative, civil, or criminal action.
“We launched PSDA to address an underserved niche in the marketplace”, explains Glenn Clark, President of Rockwood Programs and CPCU. “In today’s litigious society, allegations leveled against our valuable civil servants are becoming more prevalent. State, county, and municipal governments all carry the insurance needed to protect them in case of a suit. But what happens when an individual is singled as a result of their involvement in the underlying event?”
“We did a significant amount of market research prior to launching our new agency”, continues Glenn. “Most existing plans only offer a low limit of legal expense reimbursement with no element of indemnity coverage. The PSDA offering is designed to eliminate these deficiencies. All claims are adjudicated by a nationally-recognized law firm with more than 30 years’ experience in professional liability litigation. The policy also pays covered judgments and awards levied against the insured, up to the limits of liability.”
“We are fortunate to have partnered with a carrier who was willing to invest the time and effort needed to fully understand the unique liability exposures of Police Officers, Firefighters, and EMTs”, adds Darryl McCallin, Rockwood’s Operations Vice President. “As a result, we are able to offer coverage at a premium commensurate with the actual level of exposure”. The PSDA product is underwritten by an insurance carrier rated “A” (Excellent) by A.M. Best.
The PSDA product offers $100,000 of liability for as little as $250 per year. Coverage limits can be increased to $250,000 and further tailored with the addition of optional endorsements. The product is written on both an individual and group basis.
Interested parties can learn more about the PSDA product by accessing the agency’s website at www.psdains.com . The company can also be contacted directly by calling toll-free 888-304-1201. The fax number is 302-765-6037.
For additional information, contact Glenn W. Clark, CPCU – President - at (888) 304 - 1201.
E-mail address: president@psdains.com
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