(Dayton, OH) May 2, 2019 – Norman-Spencer Agency, Inc. (NSA) has announced the launch of its online Errors & Omissions insurance platform for individual real estate appraisers. Norman-Spencer acts as the Program Administrator for GenStar’s Real Estate Errors & Omissions Programs. The new online process for Errors & Omissions coverage will walk appraisers through a few questions resulting in a bound policy in minutes.
Norman-Spencer’s investment in technology over the last several years has been focused on streamlining internal processes as well as creating a more user-friendly experience for direct insureds and insurance brokers. Targeting appraisers was a decision based on buying habits in the industry. “We saw a major opportunity to create a powerful tool to provide real estate professionals a better purchasing experience when shopping for professional liability coverage,” said Brian Norman, President of Norman-Spencer Agency. “Our focus continues to be on creating better experiences for those we serve by building out new online solutions for other classes of business.”
Norman-Spencer has established a presence in the real estate industry in the last decade and has been a highly rated program administrator and wholesale brokerage for over 30 years. NSA and General Star have built up a strong relationship through the commitment of both companies to provide responsive service and deep industry knowledge. “GenStar has been a dependable market for real estate appraisers for over 15 years. We are excited to be a part of Norman-Spencer’s new online initiative making the insurance buying process for Real Estate Appraisers best in class,” said Tom Gersch, Vice President of GenStar’s Programs Unit.
The online Appraisers Program provides specialized Errors and Omission coverages designed specifically for the unique needs of real estate individual appraisers. Individual appraisers can choose a range of limits from $300,000/$600,000 to $1 million/$2 million. There is no deductible and zero fees. Additional services include a toll-free hotline for risk management and pre-claim assistance.
Interested appraisers can learn more and apply for E&O at https://appraisers.norman-spencer.com/.
About Norman-Spencer Agency, Inc.
Norman-Spencer provides industry leading insurance services to clients and insurance buyers nationwide with over 10 proprietary in-house property and casualty insurance programs covering real estate, transportation, construction, professional lines. For more information, visit www.norman-spencer.com. Follow Norman-Spencer via Facebook, LinkedIn and Twitter.
About General Star National Insurance Company
General Star National Insurance Company is rated A++ (Superior) by A.M. Best Company and carries an AA+ Insurance Financial Strength Rating from Standard & Poor’s Corporation. General Star National Insurance Company is licensed in the District of Columbia, Puerto Rico and all states. This product is not available in all states. General Star is a wholly-owned subsidiary of General Reinsurance Corporation, a member of the Berkshire Hathaway family of companies.