How Changing Cyber Threats Are Impacting the E&O Market
The coronavirus pandemic played a dramatic role in the acceleration of technology in companies, leading underwriters to scrutinize businesses’ exposures and the safeguards they have in place.
The coronavirus pandemic played a dramatic role in the acceleration of technology in companies, leading underwriters to scrutinize businesses’ exposures and the safeguards they have in place.
You and your customers have been battered these past few years by various catastrophes of near-biblical proportions. Your customers don’t just want a good year, free of missing coverages and underinsured losses. They need it.
If a customer declines coverage, how long does their declination stand for?
The new offering provides errors & omissions (E&O) coverage for individual residential and commercial real estate appraisers.
It’s never been a better time to determine if your clients—and your agency—are adequately insured and prepared for these Catastrophic events.
Offering a new coverage or limit is not the same as recommending, much less choosing it. That choice belongs to your customer.
A common error that agencies make when handling brokered business is failing to review the policy for accuracy before forwarding it to the client.
Failing to match the old policy could result in catastrophic consequences for the client and a big errors & omissions claim.
Here’s a breakdown of the most common errors agents make when placing professional liability coverage—and how to avoid those situations.
Growing your business can carry risks. Here are four things to keep in mind to avoid potential errors & omissions claims as you look to improve.