There’s no time like the present to review the steps your agency will take to respond to carriers experiencing a rating downgrade, insolvency, or their decision to withdraw from a state altogether.
Although the failure to forward a premium check to a carrier has become an unusual occurrence, insurance agencies still encounter E&O claims relating to the failure to pay premiums—but for technological reasons.
The checklist helps obtain relevant client exposures, streamline processes and more.
Agents are often faced with the dilemma of obtaining a workers comp policy for a client who has multiple employees working in various states. That task may seem overwhelming because workers comp laws vary by state.
With policy limits, it is truly a matter of taking a little extra time now to save you lots of time—and headaches—in the future.
Learn why IIAT Advantage E&O provider Swiss Re Corporate Solutions checks all the stability boxes.
By following these tips, hopefully, you and your new hire will start off on the right foot and work together for many years to come.
Independent agents can use the holidays as an opportunity to reengage with clients and ensure they have safety top of mind.
Independent agents can use the holidays as an opportunity to reengage with clients and ensure they have safety top of mind.
Learn how to make the most of buying a book of business to grow your insurance agency with these bank-recommended best practices.
Use the manual to help your agency avoid potential E&O claims and provide best practices guidance to your staff.
The Commercial Producer Onboarding Guide highlights typical commercial lines exposures that can create agency E&O claims and provides learning tools to avoid or minimize risk.
The language on your website can create a serious and potentially costly problem. Attend the Agency Management Forum to learn how to minimize E&O risk on your website.
See tips for notifying your policyholders and responding to carrier insolvencies.
Why you should make the effort to offer to insure properties to value.
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
The new website provides a fresh look and feel for the risk management library, including improved navigation and readability.
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Understanding extended reporting periods as agencies sell, merge and dissolve.
There's never been a better time to determine if your clients—and your agency—are adequately insured and prepared for these events.
The Big “I" Professional Liability Risk Management team invites you to attend a complimentary new webinar.
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Multi-Factor Authentication and cloud back-ups are now a requirement for obtaining cyber coverage.
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Do you Know Your E&O? Check out IIAT's new video series highlighting essential E&O best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Do you Know Your E&O? Check out IIAT's new video series highlighting essential E&O best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Do you Know Your E&O? Check out IIAT's new video series highlighting essential E&O best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Do you Know Your E&O? Check out the first episode of IIAT's new video series highlighting essential E&O best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
We've seen a number of recurring claim scenarios when it comes to hurricane coverage.
IIAT is excited to announce staffing updates to the Advantage Markets and E&O teams.
Are you increasing your exposure to an E&O claim by not offering Cyber Coverage?
Insurance industry experts are predicting a surge in E&O claims arising from the weather disasters and the pandemic in 2020. Now is the time to examine and strengthen your E&O risk management program before the wave hits. Here are a few suggestions on what to evaluate:
As you might expect, insurance carriers who provide Insurance Agent’s E&O are adapting to the pandemic in various ways. How should an agent protect the agency’s E&O program?
Have you ever been on a road trip, out in the country 50 miles from nowhere, when you go over a hill, only to find yourself confronted by blinking yellow lights warning you to slow down? A similar situation occurs in the agency business: day-to-day renewals and new business are going smoothly, and then the need to place an account with an E&S market arises. This is when the caution lights need to come on!
Unprecedented financial conditions, including the lowest interest rates in 70 years, a pandemic with unresolved insurance implications, and social inflation are all factors that portend stormy seas for the insurance business.
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