IIAT Knows Risk Management Inside and Out
Protect your agency with professional liability insurance options available through IIAT Advantage E&O.
Let us advocate for you!The following training and resources can reduce your exposure to an E&O Claim. Using them can also result in additional discounts to your E&O insurance premiums.
Complete an E&O Risk Management Training Class
According to underwriters, good E&O staff training can reduce the likelihood of an E&O claim by up to 50%! If you are a Swiss Re Corporate Solutions client, training can qualify you for a 10% or 20% credit. If your E&O is from Allianz, you can qualify for 15% credit. Here's how to get training:
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Take an online E&O Risk Management Class on IIAT's ABEN website.
Register for one of the online E&On courses available on IIAT's ABEN website (Agents & Brokers Education Network). There are several courses to choose from, including CE approved and non-CE on-demand versions.
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Request IIAT's E&O Risk Management for Custom Training
An IIAT instructor can present the class at your office or preferred location on a specified date
Request an Operational Review from IIAT
Do you ever wonder if your everyday agency procedures might expose you to an E&O claim? Receive an evaluation from a qualified agency consultant and embark on a continuous improvement journey that can help you answer that question. If your E&O is from Westport, you can receive a 10% credit for five years if you implement the recommendations you receive.
Conduct an Agency Website Review (included with IIAT's Operational Review)
Your agency’s website can be a powerful marketing tool, but its language also can be a potential weapon used by claimants. Have an expert review your website to identify problem areas and potential exposures. Westport offers a 5% discount for the implementation of the reviewer’s recommendations.
Agency Coverage Checklists
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A significant cause of E&O claims is the failure to recommend coverage. Consistent use of coverage checklists can help reduce your exposure. Westport offers 5% discount for the use of approved coverage checklists.