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New Big “I” Insurance Program
Fireman's Fund has partnered with the Independent Insurance Agents and Brokers of America (Big "I") to offer a nationally endorsed program for Insurance Agents Errors and Omissions (Agents E&O) coverage for association members.
Big "I" CEO Robert A. Rusbuldt announced, "We're pleased to introduce this program — agents are faced with increasingly complex insurance products and services to offer to their policyholders, and we believe this coverage will be extremely beneficial. Fireman's Fund is a recognized leader in our industry. This new Agents E&O program is an additional, attractive E&O offering to agents and brokers."
The insurance marketplace is complex. With new products and services, regulatory requirements, and issues of procedure, training and quality control, a crossed wire anywhere could impact an agency's E&O coverage.
Program Highlights
Fireman's Fund is a leading writer of Agents E&O, with 25 years experience in the market. We have developed a program that combines coverage options and service offerings to protect agents and provide risk management tools.
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Superior liability coverage for insurance agents' professional risks
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Access to the iCustomer Series® Web site with tools and resources designed specifically for insurance agents
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Dedicated Claims department with broad, long-term experience in Agent E&O claims to provide agents with speedy assistance to help them manage liability situations when a client's loss is not fully covered
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Future offerings to include Business Owners Policies (BOP), Commercial Auto, and Workers' Compensation.
Reducing Liability Exposure
While the most common cause of loss is failure to provide a specific coverage or a failure to provide any coverage at all, it is often agents exploring new areas such as captives or securities that are the most vulnerable. With the iCustomer Series® Agents Community, with access to online risk management resources and solutions, agents can arm themselves with techniques to identify the situations that could lead to an E&O issue, and utilize tools to reduce professional liability exposures.
For more information on the Fireman's Fund Big "I" Agent E&O, please contact John Holler, Fireman's Fund Commercial Programs Underwriting Manager, at 714.368.6219 or Mark Wolf, IIABA Assistant VP of Agency E&O Operations, at 800.221.7917.
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