Property & Casualty

Trident Benefits & Consulting, LLC, provides customized proposals and customer service to a variety of business industries. By aligning ourselves with general and specialty markets, we can customize and build our insurance programs. We are committed to delivering tailored products with thoughtful, strategic planning and valuable professional property & casualty services. We specialize in a wide variety of services and lines of coverage including, but not limited to:

  1. Commercial General Liability (CGL)
    A standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability.

  2. Workers Compensation (WC)
    The system by which no-fault statutory benefits prescribed in state law are provided by an employer to an employee (or the employee’s family) due to a job-related injury (including death) resulting from an accident or occupational disease.

  3. Professional Liability (PL)
    A type of liability coverage designed to protect traditional professionals (e.g., accountants, attorneys) and quasi-professionals (e.g., real estate brokers, consultants) against liability incurred as a result of errors and omissions in performing their professional services. Although there are a few exceptions (e.g., physicians, architects, and engineers), most professional liability policies only cover economic or financial losses suffered by third parties, as opposed to bodily injury (BI) and property damage (PD) claims. This is because the latter two types of loss are typically covered under commercial general liability (CGL) policies. The vast majority of professional liability policies are written with claims-made coverage triggers. In addition, professional liability policies contain what are known as “shrinking limits,” meaning that unlike CGL policies (where defense costs are paid in addition to policy limits), the insurer’s payment of defense costs reduces available policy limits. Accordingly, when attempting to determine appropriate policy limits, insureds must consider the fact that because defense costs are often a high proportion of any claim settlement or judgment, they must usually purchase additional limits. The most common exclusions in professional liability policy forms are for BI, PD, and intentional/dishonest acts.


  1. Inland Marine
    Property insurance for property in transit over land, certain types of moveable property, instrumentalities of transportation (such as bridges, roads, and piers, instrumentalities of communication such as television and radio towers), and legal liability exposures of bailees. Many inland marine coverage forms provide coverage without regard to the location of the covered property; these are sometimes called “floater” policies. As a group, inland marine coverage forms are generally broader than property coverage forms.

  2. Commercial Auto / Business Auto (BAP)
    A commercial auto policy that includes auto liability and auto physical damage coverages; other coverages are available by endorsement. Except for auto-related businesses and motor carrier or trucking firms, the business auto policy (BAP) addresses the needs of most commercial entities as respects auto insurance.

  3. Umbrella Liability
    A policy designed to provide protection against catastrophic losses. It generally is written over various primary liability policies, such as the business auto policy (BAP), commercial general liability (CGL) policy, watercraft and aircraft liability policies, and employers liability coverage. The umbrella policy serves three purposes: it provides excess limits when the limits of underlying liability policies are exhausted by the payment of claims; it drops down and picks up where the underlying policy leaves off when the overall limit of the underlying policy in question is exhausted by the payment of claims; and it provides protection against some claims not covered by the underlying policies, subject to the assumption by the named insured of a self-insured retention.

  1. Builders Risk
    A property insurance policy that is designed to cover property in the course of construction. There is no single standard builders risk form; most builders risk policies are written on inland marine (rather than commercial property) forms. Coverage is usually written on an all risks basis and typically applies not only to property at the construction site, but also to property at off-site storage locations and in transit. Builders risk insurance can be written on either a completed value or a reporting form basis; in either case, the estimated completed value of the project is used as the limit of insurance.

  2. Employment Practice Liability (EPLI)
    A type of liability insurance covering wrongful acts arising from the employment process. The most frequent types of claims covered under such policies include: wrongful termination, discrimination, sexual harassment, and retaliation. In addition, the policies cover claims from a variety of other types of inappropriate workplace conduct, including (but not limited to) employment-related: defamation, invasion of privacy, failure to promote, deprivation of a career opportunity, and negligent evaluation. The policies cover directors and officers, management personnel, and employees as insureds. The most common exclusions are for bodily injury (BI), property damage (PD), and intentional/dishonest acts. EPLI policies are written on a claims-made basis. The forms contain “shrinking limits” provisions, meaning that insurer payment of defense costs—which are often a substantial part of a claim—reduce the policy’s limits. This approach contrasts with commercial general liability (CGL) policies, in which defense is covered in addition to policy limits. Although EPLI is available as a stand-alone coverage, it is also frequently sold as part of a management liability package policy. In addition to providing directors and officers (D&O) and fiduciary liability insurance, management liability package policies afford the option to cover employment practices liability (EPL).

  3. Cyber Liability
    A type of insurance designed to cover consumers of technology services or products. More specifically, the policies are intended to cover a variety of both liability and property losses that may result when a business engages in various electronic activities such as selling on the internet or collecting data within its internal electric network.
    Most notably, but not exclusively, cyber and privacy policies cover a business’ liability for a data breach in which the firm’s customers’ personal information, such as Social Security or credit card numbers, is exposed or stolen by a hacker or other criminal who has gained access to the firm’s electronic network. The policies cover a variety of expenses associated with data breaches, including: notification costs, credit monitoring, costs to defend claims by the state regulators, fines and penalties, and loss resulting from identity theft.
    In addition, the policies cover liability arising from website media content, as well as property exposures from (a) business interruption, (b) data loss / destruction, (c) computer fraud, (d) funds transfer loss, and (e) cyber extortion.
    Cyber and privacy insurance is often confused with technology errors and omissions (tech E&O) insurance. In contrast to cyber and privacy insurance, tech E&O coverage is intended to protect providers of technology products and services, such as computer software and hardware, manufactures, website designers, and firms that store corporate data on an off-site basis. Nevertheless, tech (E&O insurance policies do contain a number of the same insuring agreements as cyber and privacy policies.)

  1. Directors & Officers (D&O)
    A type of liability insurance covering directors and officers for claims made against them while serving on a board of directors and/or as an officer. D&O liability insurance can be written to cover the directors and officers of for-profit businesses, privately held firms, not-for-profit organizations, and educational institutions. In effect, the policies function as “management errors and omissions liability insurance,” covering claims resulting from managerial decisions that have adverse financial consequences. The policies contain “shrinking limits” provisions, meaning that defense costs—which are often a substantial part of a claim—reduce the policy’s limits. This approach contrasts with commercial general liability (CGL) policies, in which defense is covered in addition to policy limits. Other distinctive features of D&O policies are that they: (1) are written on a claims-made basis, (2) usually contain no explicit duty to defend the insureds (when covering for-profit businesses), and (3) cover monetary damages but exclude bodily injury (BI) and property damage (PD).

  2. Business Income
    Commercial property insurance covering loss of income suffered by a business when damage to its premises by a covered cause of loss causes a slowdown or suspension of its operations. Coverage applies to loss suffered during the time required to repair or replace the damaged property. It may also be extended to apply to loss suffered after completion of repairs for a specified number of days. There are two Insurance Services Office, Inc. (ISO), business income coverage forms: the business income and extra expense coverage form (CP 00 30) and the business income coverage form without extra expense (CP 00 32). Business income coverage (BIC) is also referred to as business interruption coverage.

Products & Services

  1. Self-Insured Plan Design
    Customized specifically for you. If it can be built, we can build it. We design traditional PPO, open access, referenced based pricing, patient incentive, and even minimum essential coverage plans, as well as a combination of everything in between.

  2. Fully Insured
    We represent all major carriers for those groups where self-insured plans are not the best fit or not preferred due to size and claims experience. These types of plans are typically for our under 50 market.

  3. Ancillary & Supplemental
    Dental, vision, life, long term disability, short term disability, accident, critical illness, hospital indemnity and gap benefits are available. We represent all major carriers.

  4. Benefit Administration & Enrollment Platform
    Centralizes your HR records online and syncs your employee data across multiple systems such as benefit administration, HR management, new hire onboarding, asset tracking, integrated payroll, PTO, COBRA and FSA.

  5. Enrollment Services
    Contactless enrollment? No problem. Whatever your enrollment need is, we have you covered. From face-to-face enrollment to online and call center enrollment. Our counselors will accommodate your company’s specific goals and expectations.

  6. Property & Casualty
    By aligning ourselves with general and specialty markets we can customize and build the right program for your company. Whether its commercial general liability, workers compensation, professional liability, property coverage, inland marine, commercial/business auto (BAP), umbrella liability, builder’s risk, employment practice liability (EPLI), cyber, directors and officers, or business income, we have you covered.
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