Professional Risk Facilities & Vault Announce Underwriting Partnership

FOR IMMEDIATE RELEASE

[JERICHO, NY, SEPTEMBER 12, 2022] – Professional Risk Facilities (“PRF”) and Vault Commercial (“Vault”) today announced a partnership (the “Program”) whereby PRF, acting as a managing general agent (“MGA”), will be underwriting management and professional liability insurance coverages on behalf of Vault E&S Insurance Company for directors & officers liability (D&O), employment practices liability (EPLI), fiduciary liability and errors & omissions (E&O) risks. The Program is designed for companies with annual revenues up to $500MM for management liability coverage and revenues up to $50MM for a wide variety of E&O risks. The Program will offer primary limits up to $2MM and excess limits up to $5MM.

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PRF & ARC Recognized by the PLUS Foundation

The COVID-19 pandemic continues to have a drastic effect on everybody living within our community; and our team is doing its best to help those in need during these uncertain times.

PLUS Foundation Heroes & Helpers

The team members of both ARC Excess & Surplus and Professional Risk Facilities (PRF) are humbled to have recently been recognized by the PLUS Foundation as Heroes & Helpers. Orchestrated by Stephen Cavallaro, Karen Unalp, Peter Wendling and Mark Cavallaro, and with the help of generous donations from our employees, we were able to deliver a truckload of food and essentials to the Church of St. Aidan food pantry. Our team was also able to raise $2,000 in cash for Island Harvest Food Bank.

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