Professional Liability.

• Coverage for the sale of both Property/Casualty and Life and Health insurance products
• Limits of liability up to $30 million
• Broad definition of covered professional services and activities
• Comprehensive definition of who is an insured
• Aggregate deductibles
• Defense cost outside the limits
• Available first dollar defense
• Full prior acts available
• No contractual liability exclusion
• Coverage for punitive damages (where available by state)
• Multiple extended reporting period options
• True worldwide protection
• Coverage for advertising, libel and slander
• Catastrophe Expense $25,000 per policy period
• Subpoena Coverage $10,000 per policy period
• 1st Party Personal Data Breach (cyber) $25,000 per policy period
• 3rd Party Personal Data Breach (cyber) $1,000,000 sublimit
• Deductible reduction up to $12,500 per claim for risk management activities
• The only P/C insurance agents and brokers E&O program in the marketplace that contributes a percentage of every premium dollar to the funding of important advocacy efforts of the IIABA.
• State associations that serve to assist you should a claim arise.
• An exclusive policy form and premium credits filed on a Risk Purchasing Group basis to give Big “I” members coverage tailored to their needs.
• Competitive pricing supported by a critical mass of premium volume to maintain rate stability.
• A partner in Swiss Re Corporate Solutions, a member of the Swiss Re Group, rated A+ Superior by A.M. Best.
• Loss prevention materials to reduce the chance of a claim and improve business processes.
• E&O Risk Management website
• E&O Claims Advisor, a periodic E&O risk management newsletter available only to Swiss Re policyholders, providing valuable information to all positions in the agency.
• A Professional Liability Committee comprised of IIABA member agents to oversee and recommend enhancements to the program to meet the ever-changing needs of agents.  

The Swiss Re Corporate Solutions Capacity Insurance Corporation Large Agents E&O Program is designed to address the needs of large non-traditional agencies with operations extending beyond the servicing of insurance products. Qualifiers for this program include a minimum gross annual premium volume of $50M.

To learn more about this program, contact your state association program manager.

The Swiss Re Corporate Solutions Capacity Insurance Corporation E&O Program is designed to address the needs of groups whose agencies have joined together and offer a multitude of services to their members. This program consists of two broad policy forms, one for the Sponsoring Entity and one for the Network Agency members.  Each Network Agency members carries their own limits and deductibles; there is no sharing of limits.

To learn more about this program, contact your state association program manager.

With more than 25 years of experience, Allianz is an industry leader in providing E&O liability coverage for agents and brokers – one of the biggest issues they face in an increasingly complex world. The company is one of the largest writers of agents E&O coverage in the country.

Coverage Highlights and Benefits:

• 10% (Some states offer 15%) Premium credit for two years for attending an approved loss control class
• Rated A+ by AM Best
• Claims made coverage with full prior acts
• Coverage for sale of both Property/Casualty and Life/Health insurance products
• Insolvency coverage for all carriers with B+ or better A.M. Best rating
• Limits of liability up to $5M/$5M or $3M/$6M
• Broad coverage tailored to insurance agencies
• Broad denition of who is an insured, including spousal liability
• Aggregate deductibles
• Defense costs outside the limits
• $50,000 first party personal data compromise breach response for the accidental loss of client data, with optional higher limits available 
• *Optional – for additional premium
• 80/20 Consent to settle clause
• Full prior acts available
• Deductible waived if insured is claims free with Allianz for five or more years
• Catastrophe – $25,000/$50,000 per catastrophe/per policy period 
• Regulatory investigation – $60,000 per policy period
• True worldwide coverage