The McGowan Companies operates on an “open-brokerage” format. We do not hold our retail brokers to premium or account volume requirements, so whether you place 1 account or 100 accounts with us, we are always grateful for your business. We do, however, require that retail brokers placing business with us carry at least $1,000,000 of E&O Liability.
In order to become a fully-enrolled broker with McGowan Program Administrators, we require the following items:
• Copy of the agency’s E&O declarations page evidencing at least $1MM in coverage