What the MSA insurance exhibit is actually asking for
· Shield & Stallion Insurance LLC
Procurement does not send a philosophy of insurance. They send a schedule: named limits, additional insured, waiver of subrogation, primary and noncontributory wording, and a notice period if the policy is cancelled. The founder forwards it and asks for a certificate that matches. That is the buying problem. The exhibit is a contract demand. It is not a description of what any market will write.
The usual asks
Most technology MSAs name cyber and professional liability, or technology errors and omissions, often with general liability sitting next to them. Limits are frequently written as a number per occurrence and another in the aggregate. Enterprise schedules may request amounts in the multi-million-dollar range. That number is a negotiation in the contract. It is not a finding that those limits are available, suitable, or required by law.
Then the endorsements. Additional insured asks the carrier to treat the customer as an insured for specified claims, usually on general liability and sometimes on other lines if the market will do it. Waiver of subrogation asks the carrier not to chase the customer after a paid loss. Primary and noncontributory asks your policy to go first, without contribution from theirs. Notice of cancellation asks someone to tell the customer if the policy ends. Each of those has to exist in the policy or an endorsement. Writing them on a certificate does not create them.
Certificate, endorsement, policy
A certificate of insurance is evidence that a policy exists, on the date it is issued, with the limits shown. It does not create coverage. It does not expand coverage. It does not amend the policy. If the schedule wants the customer as an additional insured and the form does not provide that status, the certificate cannot fix it. If a market will add the wording, it does so by endorsement or by the form itself, after underwriting, and only if that market writes the risk.
We compare the exhibit with what a market will actually put on a policy. Some lines can be satisfied. Some may need an endorsement. Some will not be available, or will not be available at the limit or on the wording the customer drafted. We tell you what remains unmatched. We do not promise that every indemnity in the MSA can be insured, and we do not bind from this website.
What to send with the file
The application opens an agency file. It is not an application to a carrier. This site does not accept uploads. After you submit, email the insurance exhibit (Exhibit C, Exhibit D, the vendor packet, whatever they named it) to the address on the application unless the advisor names another. If you already have policies, send those too. Put the certificate deadline in the notes. Deadlines change how we sequence markets. They do not create binding authority on this site.
A licensed advisor reads the clause, then shops markets that write technology companies. We transact only where Shield & Stallion Insurance LLC, or a licensed producer working the file, is authorized. Nothing is bound until the issuing carrier or authorized market confirms it in writing.
This note is educational. It is not a quote, a recommendation, legal advice, or a finding that you have or lack coverage. The policy form, including exclusions and endorsements, controls. See the insurance disclosure.
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