E&O Guardian/Professional Liability

While agencies carefully review policy language and coverage recommendations, many give far less attention to the content on their websites.

Agents can distinguish themselves by helping clients identify, assess and mitigate the errors & omission risks that impact the cost and level of coverage they need.

While the advantages of artificial intelligence (AI) can be significant, these benefits come with risks. Here are five ways to manage your agency’s exposure.

When ending a client relationship, agencies should focus on risk management, agency protection and maintaining coverage continuity during the transition.

Is your agency missing prime chances to write more business due to language barriers? But if you do expand your clientele, are you exposing yourself to increased errors & omissions risks?

Workers compensation is regulated at the state level, and even occasional or incidental work across state lines can result in coverage gaps if policies are not properly structured.

Integrating another agency into your operations presents both tremendous opportunities and significant challenges for employees and management alike.

In today’s personal lines environment, operational challenges are not just business hurdles; they can also translate into rising errors & omissions exposure for independent agents.

Drawing on guidance from underwriters, claims specialists, agency consultants and defense counsel, here are a series of quick, practical steps agencies can take to reduce E&O exposure.

Building an independent insurance agency requires not just tenacity and carrier contacts, but the mindset that you’re steadfastly committed to the journey.