Venture expands insurance program

West Chester, Pa. – The Preferred Club Program has added a new market for directors’ and officers’ liability coverage with RSUI, according to Venture Insurance Programs, a national program administrator in the design and underwriting of select industry-focused insurance packages.

RSUI, rated “A” (Excellent) class X by A.M. Best Co., is an underwriter of specialty insurance products. Its D&O coverage provides strong capacity for primary and excess D&O limits, and may include the following coverage enhancements: separate limits for D&O and employment practice liability, including third party discrimination coverage, defense expense in addition to the policy limit, and full prior acts coverage.

The Preferred Club Program is an insurance provider to the golf and country club industry, insuring more than 1,000 private, semi-private and upscale daily-fee clubs. It recently added a new package solution that extends coverage for public daily-fee courses.

“Given our recent growth and expansion, the Preferred Club Program is pleased to add RSUI as an underwriter of this D&O coverage,” says Joseph Dolce, executive vice president of Venture Insurance Programs. “They have experience and expertise with D&O coverage for the club industry and a very broad form that meets all our client D&O needs.”

In addition to D&O, the Preferred Club Program offers workers’ compensation, property, general liability, property of members, herbicide and pesticide coverage with full pollution options, tee-to-green coverage of all playing surfaces, liquor liability, excess and umbrella liability, cart fleet and errant ball coverage, and business interruption coverage.

The Preferred Club Program is marketed exclusively through agents and brokers, and offers risk management services, including loss control and claims administration, through Venture and Chubb Services. Preferred Club Program insureds and their insurance brokers can oversee risk management activity through a secure, online risk management information system tool available exclusively to policyholders through www.PreferredClub.com.