Professional Liability.
Not just a policy, but a comprehensive program.
prevent. protect. prosper.
For more than 35 years, the Big “I” Professional Liability Program, underwritten by Swiss Re Corporate Solutions America Insurance Corporation (rated A+ Superior by AM Best), has been the premier choice of Big “I” 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. With the participation of Big “I” members from 50 states and the District of Columbia, we’ve grown into the largest and most stable insurance agents E&O program in the nation.
Designed for agents, by agents.
Big “I” Professional Liability is overseen by the Professional Liability Committee (PLC). The PLC is comprised of Big “I” state association staff and member agents who meet regularly to recommend enhancements to the program to meet the ever-changing needs of independent agents. So when we say our program is designed “for agents by agents,” it’s because volunteer agents are on this committee providing input to coverage, rate, applications and strategy.
Find stable rates and a long-term market you can rely on to protect your greatest assets—your business.
For Every Agency.
Are you a staff of 1? Or 100? Our Big “I” endorsed E&O program offers broad protection from “one-person” shops up to those with over 100 staff. We are stable, established, competitive, and have the top claims team available.
Coverage is accessed through dedicated, licensed E&O Program Managers located at our 51 state associations. Let us find an E&O program that fits your agency! Contact your Big “I” state E&O program manager learn more. We cover one person… or an Alliance Group. Your agency E&O coverage needs to match your type of operation. Swiss Re Corporate Solutions and the Big “I” have a program that will fit!
Find Your State E&O Program Manager.
Embrace your independence.
Resources to Empower Your Future
Standout Benefits for Agencies.
Risk Management Resources
Coverage through 51 State Associations
Experienced Claims Team
Options For Your Agency.
Coverage for the sale of both Property/Casualty and Life and Health insurance products
Limits of liability up to $30 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 Expense $25,000 per policy period
Subpoena Coverage $10,000 per policy period
1st Party Personal Data Breach (cyber) $25,000 per policy period
3rd Party Personal Data Breach (cyber) $1,000,000 sublimit
Deductible reduction up to $12,500 per claim for risk management activities
The only P/C insurance agents and brokers E&O program in the marketplace that contributes a percentage of every premium dollar to the funding of important advocacy efforts of the IIABA.
State associations that serve to assist you should a claim arise.
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.
Loss prevention materials to reduce the chance of a claim and improve business processes.
E&O Risk Management website
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.
he Swiss Re Corporate Solutions Capacity Insurance Corporation Large Agents E&O Program is designed to address the needs of large non-traditional agencies with operations extending beyond the servicing of insurance products. Qualifiers for this program include a minimum gross annual premium volume of $50M.
Download the Elite Program Flyer
The Swiss Re Corporate Solutions Capacity Insurance Corporation E&O Program is designed to address the needs of groups whose agencies have joined together and offer a multitude of services to their members. This program consists of two broad policy forms, one for the master and one for the member agencies. Each member agency carries their own limits and deductibles; there is no sharing of limits.
Download Alliance Information
With more than 25 years of experience, Allianz is an industry leader in providing E&O liability coverage for agents and brokers – one of the biggest issues they face in an increasingly complex world. The company is one of the largest writers of agents E&O coverage in the country.
Coverage Highlights and Benefits:
- 10% (Some states offer 15%) Premium credit for two years for attending an approved loss control class
- Rated A+ by AM Best
- Claims made coverage with full prior acts
- Coverage for sale of both Property/Casualty and Life/Health insurance products
- Insolvency coverage for all carriers with B+ or better A.M. Best rating
- Limits of liability up to $5M/$5M or $3M/$6M
- Broad coverage tailored to insurance agencies
- Broad denition of who is an insured, including spousal liability
- Aggregate deductibles
- Defense costs outside the limits
- $50,000 first party personal data compromise breach response for the accidental loss of client data, with optional higher limits available
- *Optional – for additional premium
- 80/20 Consent to settle clause
- Full prior acts available
- Deductible waived if insured is claims free with Allianz for five or more years
- Catastrophe – $25,000/$50,000 per catastrophe/per policy period
- Regulatory investigation – $60,000 per policy period
- True worldwide coverage
Cyber Coverage.
Contact your state administrator to learn about cyber offerings available in your state.
Our program offers:
- Construction that allows for group pricing and underwriting, yet provides each affiliated agency certificate holder the ability to choose individual limits and deductibles (no sharing of limits).
- Uniformity of coverage. The master agency and each affiliated agency is covered by broad coverage form, underwritten by a long-standing E&O carrier with unmatched credentials.
- All parties are represented by claim counsel with long-standing experience in handling E&O claims. No finger-pointing at claim time or arguments among carriers about circumstances or which policy should pay.
