50 years’ experience protecting your business, reputation, and assets.
Endorsed by the IIABA and all Big “I” state associations nationwide.
Experience, partnership, and strong commitment make this Agency E&O program a benchmark in the industry.
For more than 50 years, insurance agents and brokers across America have trusted Swiss Re Corporate Solutions to protect their business, reputation and assets. Swiss Re Corporate Solutions is proud to be endorsed by the IIABA and all Big “I” state associations nationwide.Download
Swiss Re is one of the world’s leading and most diversified (re)insurers and has consistently strong financial ratings. Swiss Re Corporate Solutions is the insurance arm of Swiss Re and protects policyholders with specialized needs in niche markets across the globe. Our range of products includes property and casualty insurance, professional liability insurance, excess medical expense insurance and risk management services.Download
Swiss Re Corporate Solutions provides its policyholders with risk management information and education to help you reduce, mitigate, and avoid E&O exposures. Every policyholder enjoys exclusive access to a suite of risk management tools and information. However, should a claim occur, our seasoned claims professionals will be available to help guide you through each and every step of the process.Download
For more than 50 years, insurance agents and brokers across America have trusted Swiss Re Corporate Solutions to protect their business, reputation, and assets. Swiss Re Corporate Solutions is proud to be endorsed by the IIABA and all Big “I” state associations nationwide.Download
“One who buys has need of two eyes, but one’s enough to sell the stuff.” Unless you happen to be an insurance broker. In that case, you need two sharp eyes at all times: to know what “stuff” is for sale and what your client is actually buying. If you don’t, you may be on the road to an E&O claim.Download
Flooding is a common problem in Canada. Flood disasters have occurred in Canada almost five times more frequently than the next most common disaster, wildfires. (Sandink, 2010) Snow melt in the springtime and its subsequent runoff, rain, and ice jams – all common to Canada – are the most frequent causes of flooding. If more than one of these events occurs simultaneously, the severity flooding may increase.Download
While new business is always welcome and commercial customers can generate significant revenues, this combination is ripe with opportunities to make mistakes. Twenty-eight percent of the errors and omissions (E&O) claims reported to Westport Insurance Company, a premier provider of professional liability coverage to insurance brokers all across Canada, involve business placed for new clients and 39% of claims reported by those same brokers involve commercial lines policies. The following situation demonstrates how easily things can go wrong.Download
As technology allows the ability to service large groups of clients more efficiently, many brokerages are increasingly expanding their reach beyond the confines of one metropolitan area. In order to better service their customer base, brokerages may open additional locations or may acquire existing entities to expand their business. The management of multiple locations creates new challenges and those challenges if not handled correctly may lead to increased opportunities for error.Download
“I love it when a plan comes together.” From the TV show The A-Team. Insurance brokers operate on deadlines. Policies come up for renewal. Prospective clients need timely quotes to decide whether to move their coverage. Clients have projects that require insurance to be in place before they can proceed. Even under normal circumstances, getting everything done on a timely basis can be a challenge. But what happens if circumstances are not normal?Download
A recent decision was handed down in the Ontario Court of Appeal which upheld the lower Court’s decision that, while the optional accident benefits were not appropriately offered or discussed with the client, the Court believes the client would not have accepted the additional benefits in any event.Download