3 Ways Agents Are Getting Stuck in Auto E&O
In 2021, the Great Reopening brought with it a return of the auto errors & omissions claim. Swiss Re received 183 of them last year and 2022 is on track to surpass it.
 
	In 2021, the Great Reopening brought with it a return of the auto errors & omissions claim. Swiss Re received 183 of them last year and 2022 is on track to surpass it.
 
	Your commercial clients could be leaving a huge risk exposed if they don’t reckon with diversity, equity and inclusion (DE&I).
 
	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.
While the nuances there can be tricky, there is nothing complicated about the opportunities in the directors & officers and errors & omissions marketplace.
 
	Exposure for professional liability claims involving umbrella policies can be substantial, but a few simple risk management steps can greatly reduce the chances of a professional liability claim succeeding.
 
	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.
