How are our E & O Carriers going to accept us placing our client’s business with an unrated carrier?
We suggest you share the information with regard to how HCIC is structured and the fact that reinsurance has been obtained at a low level with “A” rated carriers. If your carrier still will not accept this, most E & O markets will cover you if you arrange for your client (the builder) to sign off on your use of HCIC for their coverage.