For more than 30 years, the Big "I" Professional Liability Program underwritten by Swiss Re Corporate Solutions America Insurance Corporation (formerly Westport), a member of Swiss Re Corporate Solutions (rated A+ Superior by A.M. Best), has been the premier choice of IIABA member agents for insurance agents and brokers E&O insurance.
 
The Big “I” Professional Liability Program offers not just a policy, but a comprehensive program for insurance agents. For nearly the past two decades the Big “I” Professional Liability Program has grown into the largest and most stable insurance agents E&O program in the nation. 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.

Coverage Highlights

• Coverage for the sale of both Property/Casualty and Life and Health insurance products
• Limits of liability up to $20 million
• Broad definition of covered professional services and activities
• Comprehensive definition of who is an insured
• Aggregate deductibles
• Defense cost outside the limits
• Available first dollar defense
• Full prior acts available
• No contractual liability exclusion
• Coverage for punitive damages (where available by state)
• Multiple extended reporting period options
• True worldwide protection
• Coverage for advertising, libel and slander
• Catastrophe Extra Expense $25,000 per policy period
• Crisis Management Coverage up to $20,000 per policy period
• Subpoena Coverage limits up to $50,000 per policy period
• 1st Party Personal Data Breach (cyber) $25,000 per policy period
• 3rd Party Personal Data Breach (cyber) $1,000,000 sublimit
• No consent to settle/hammer clause
  
• Regulatory Defense coverage limit of $100,000 and in addition to limit
• Deductible reduction up to $25,000 per claim for risk management activities
• Insolvency Exclusion does not apply to carriers rated B or higher by A.M. Best 
  
• In-house claims staff, primarily licensed attorneys. Your resource of help on claims or incidents
• Auto Renewals available

Optional Coverages

• Employment Practices Liability (EPLI)
• Mutual Funds and Investment/Security Products
• Employee Benefits Specialist
• Human Resources Consultant
• Safety Consultants
• Real Estate E&O

Coverage Benefits

• State associations that serve to assist you should a claim arise
• Up to 15% risk management credits available
  
• 10% credit available for agency audit
  
• An exclusive policy form and premium credits filed on a Risk Purchasing Group basis to give Big "I" members coverage tailored to their needs
• Competitive pricing supported by a critical mass of premium volume to maintain rate stability
• A partner in Swiss Re Corporate Solutions, a member of the Swiss Re Group, rated A+ Superior by A.M. Best
  
• An exclusive comprehensive risk management
  (eoguardian.com) website including practical information and tools to help your agency avoid E&O claims 
• 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