Paradigm Parachute: How Agents Can Take Advantage of E&O Defenses
Agents must be vigilant in ensuring timely and accurate delivery of policies, documenting procedures and maintaining clear communication with clients.
8 Strategies for Staying Informed About Carrier Ratings
Insurance carrier ratings provide valuable insights into insurers' financial strength, stability, and reputation, which can help you when recommending coverage options to your clients.
Trust but Verify: Integrating AI Into Your Agency While Avoiding E&O Claims
If you're using AI in your agency, there are important steps you should take to ensure that the AI tools perform as expected to minimize the risk of E&O claims.
Using AI and Avoiding Unintentional Misinformation in Your Agency
By taking advantage of AI internally and by working with insurers using this technology in underwriting, agents can reduce unintentional misinformation and provide a better customer experience
‘Extremely Active’ Hurricane Season Predicted for 2024
A prediction issued by weather forecasters at Colorado State University forecasts 23 named storms, 11 of which will be hurricanes, in an “extremely active" 2024 Atlantic hurricane season.
‘Extremely Active’ Hurricane Season Predicted for 2024
A prediction issued by weather forecasters at Colorado State University forecasts 23 named storms, 11 of which will be hurricanes, in an “extremely active" 2024 Atlantic hurricane season.
The Pitfalls of Purchasing E&O Coverage from an Appointed Carrier
Purchasing E&O coverage directly from one of your appointed carriers can be a double-edged sword. Here's why.
Booby Trap: 3 E&O Auto Snares to Watch Out For
With proper care and consideration, agents can steer clear of these traps and potential E&O issues.
Let’s Talk Agency E&O Limits
Can you afford for your agency to be underinsured in today’s market? Here's what to consider.
The Missing Stamp: A New Spin on an Old E&O Problem
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.
Now Available: Environmental Checklist to Help Reduce E&O Exposures
The checklist helps obtain relevant client exposures, streamline processes and more.
All Across America: The Trouble with “All States” Workers Comp Coverage
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.
Coming Up Short: Protecting Your Agency from an E&O Claim for Inadequate Limits
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.
Agency E&O Market Consistency
Learn why IIAT Advantage E&O provider Swiss Re Corporate Solutions checks all the stability boxes.
Hit the Ground Running: Identify Your Next All-Star Hire and Give Them a Head Start
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.
4 Bank-Recommended Best Practices for Buying an Agency
Learn how to make the most of buying a book of business to grow your insurance agency with these bank-recommended best practices.
Download the Big "I" Professional Liability Sample Agency Procedures Manual
Use the manual to help your agency avoid potential E&O claims and provide best practices guidance to your staff.
Need Help Onboarding New Producers? There's a Guide for That
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.
Weston Insurance Becomes Insolvent
See tips for notifying your policyholders and responding to carrier insolvencies.
Too Little, Too Late
Why you should make the effort to offer to insure properties to value.
Watch: Know Your E&O - Spring & Summer Storms: E&O Risk Management Considerations for Commercial Lines
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Introducing the Big “I” Guardian Risk Management Website
The new website provides a fresh look and feel for the risk management library, including improved navigation and readability.
Watch: Know Your E&O - Spring Storms and E&O Risk Management Considerations for Personal Lines
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Professional Circumstance
Understanding extended reporting periods as agencies sell, merge and dissolve.
Planning For the Future With Catastrophic Insurance
There's never been a better time to determine if your clients—and your agency—are adequately insured and prepared for these events.
Free Webinar: Insurance Agency Standard of Care - Do You Have a Duty to Advise?
The Big “I" Professional Liability Risk Management team invites you to attend a complimentary new webinar.
Watch: Know Your E&O - Preparing for Your E&O Renewal copy
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Watch: Know Your E&O - Preparing for Your E&O Renewal
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Watch: Know Your E&O - Trends in the E&O Marketplace
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Important Changes to the Wingman Cyber Program
Multi-Factor Authentication and cloud back-ups are now a requirement for obtaining cyber coverage.
Watch: Know Your E&O - Senate Bill 1367 and Your E&O
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Watch: Know Your E&O - Advocating for Clients and Avoiding E&O Danger
The Advantage E&O team discusses best practices for protecting your agency. Subscribe to get episodes delivered to your inbox.
Watch: Know Your E&O - E&O Claims Dos & Don'ts
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.
Watch: Know Your E&O - E&O Claims Dos & Don'ts
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.
Watch: Know Your E&O - Mergers & Acquisitions E&O Considerations Part 2
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.
Watch Now: Know Your E&O
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.
Preparing Your Agency and Clients for Hurricane Season
We've seen a number of recurring claim scenarios when it comes to hurricane coverage.
IIAT Staffing Update: Gomez Joins Advantage Team as RLI Account Manager, Copeland Transitions to E&O Team as Customer Service Rep
IIAT is excited to announce staffing updates to the Advantage Markets and E&O teams.
E&O Risks to Agents Extend to Cyber
Are you increasing your exposure to an E&O claim by not offering Cyber Coverage?
How to Protect Your Agency Against the Approaching E&O Litigation Wave
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:
Preparing for Your E&O Renewal During COVID-19
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?
E&S Placements: An E&O Blinking Caution Light
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!
Stormy Seas Ahead for Insurance: Is Your Agency a Battleship or Rowboat?
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.
