4 Reminders for Agents When Offering Umbrella Coverage
To mitigate the risk of an errors & omissions claim, insurance professionals need to approach offering umbrella coverage with diligence and consistency.

To mitigate the risk of an errors & omissions claim, insurance professionals need to approach offering umbrella coverage with diligence and consistency.
Coverage will help medical technology, pharmaceutical, biopharmaceutical and digital health companies with the costs of product-related claims.
Proactive conversations with clients about catastrophe risks can surface potential coverage gaps and open the door to more forward-looking planning.
Agents must strike a balance between recommending suitable coverage and refraining from providing opinions on whether specific losses are covered under a given policy.
Accounts receivables insurance offers small and medium-sized businesses a critical tool to protect their cash flow and provides financial stability while pricing pressures are difficult to control.
Seventy-three percent of independent insurance agencies saw an increase in their agency errors & omissions renewal premium in 2024.
For the most part, earthquake is a covered peril in traditional insurance but policies tend to have low sublimits compared to other perils.
Here are five proactive ways to maximize your chances of successfully defending against an errors & omissions claim.
Insurance agents play a key role in helping their clients prevent injuries, reduce claims, protect the health of their employees and safeguard the financial health of their businesses.
While the soft D&O market continued through 2024, insurers are starting to approach underwriting with a more cautious lens.