Common use of Professional Indemnity Insurance Clause in Contracts

Professional Indemnity Insurance. 16.1 Each Party will each have and maintain, at its own cost, Professional Indemnity insurance in relation to their activities associated with transacting insurance business with the Underwriting Manager. For regulated entities this should be the minimum level as prescribed by the Party’s Home State regulator. 16.2 The Producer agrees to supply details of its Professional Indemnity insurance cover to the Underwriting Manager on an annual basis or as requested by the Underwriting Manager.

Professional Indemnity Insurance. 16.1 Each Party will each have and maintain, at its own cost, Professional Indemnity insurance in relation to their activities associated with transacting insurance business with the Underwriting ManagerAgent. For regulated entities this should be the minimum level as prescribed by the Party’s Home State regulator. 16.2 The Producer agrees to supply details of its Professional Indemnity insurance cover to the Underwriting Manager Agent on an annual basis or as requested by the Underwriting ManagerAgent.

Professional Indemnity Insurance. 16.1 15.1 Each Party will each have and maintain, at its own cost, Professional Indemnity insurance in relation to their activities associated with transacting insurance business Insurance Business with the Underwriting Manager. For regulated entities this should be the minimum level as prescribed by the Party’s Home State home state regulator. 16.2 15.2 The Producer agrees to supply details of its Professional Indemnity insurance Insurance cover to the Underwriting Manager on an annual basis or as requested by the Underwriting Manager.

Professional Indemnity Insurance. 16.1 Each Party will each have and maintain, at its own cost, Professional Indemnity insurance in relation relaĚon to their activities acĚvities associated with transacting insurance business with the Underwriting ManagerUnderwriĚng Agent. For regulated entities this should be the minimum level as prescribed by the Party’s Home State regulator. 16.2 The Producer agrees to supply details of its Professional Indemnity insurance cover to the Underwriting Manager Agent on an annual basis or as requested by the Underwriting ManagerUnderwriĚng Agent.