Swiss Re
E&O Insurance for Your Agency
About Swiss Re
For many decades, the Big “I” Professional Liability Program, underwritten by Swiss Re Corporate Solutions America Insurance Corporation, a member of Swiss Re Corporate Solutions, has been the premier choice of IIABA member agents for insurance agents and brokers E&O insurance. Swiss Re is rated A+ (Superior) by A.M. Best.
The Big “I” Professional Liability Program offers not just a policy, but a comprehensive program for insurance agents. Our member agents and brokers nationwide look to the program for stable rates and a long-term market that they can rely on to protect their greatest assets—their businesses.
Working with our partners at Swiss Re Corporate Solutions, we have created one of the strongest coverage forms in the marketplace.
Program Features
- State associations that serve you as a member, client and independent agent
- Policy limits available up to $25 million per loss
- Broad coverage continually enhanced to provide top coverage for our members
- Broad definition of who is an insured, professional services and other related services
- In-house claims handling with accessible specialists trained in E&O claims
- Catastrophe coverage included in the policy at no additional premium
- EPLI supplement (10 or less staff); EPLI standalone (11 or more staff)
- Three levels of deductible reduction available should a claim occur
- Up to 15% risk management credits available (for 2 years)
- 10% credit available for agency audit (for 5 years)
- Defense cost in addition to limits of liability
- Retroactive coverage and multiple extended reporting periods offered
- An exclusive policy form and premium credits filed on a Risk Purchasing Group basis to give Big “I” members coverage tailored to their needs
- Access to exclusive comprehensive risk management site. E&O Guardian website includes practical information and tools to help your agency avoid E&O claims. Available only to Swiss Re policyholders (admitted & non-admitted), developed by a task force comprised of IIABA specialists and Swiss Re underwriters.
- E&O Claims Advisor – a periodic E&O risk management newsletter available only to Swiss Re policyholders, providing valuable information to all positions in the agency
- A Professional Liability Committee comprised of IIABA member agents to oversee and recommend enhancements to the program to meet the ever-changing needs of agents