A new website from the Big I and Swiss Re will now offer new risk management information tools and resources to agents and policy holders of Swiss RE Corporate Solutions.
On average, about one in seven agents will report a potential E&O incident to their carrier every year according to Swiss Re Corporate Solution claims data,” says Big “I” President & CEO Robert Rusbuldt. “The Big “I” Professional Liability Program joined forces with Swiss Re Corporate Solutions to create this industry-leading risk management program to help Swiss Re Corporate Solutions policyholders avoid E&O claims and improve their agency’s operation.”
The website, a new and improved version of the E&O Happens site, will now offer expanded E&O-related content and include materials from both the Agents Council for Technology and the Big “I” Virtual University.” The risk management site also will offer a wider array of tools and information to help agents avoid future E&O claims. A sampling of the new offerings include:
- Materials for agents to understand the root causes of E&O claims;
- Prevention tips for all agency staff;
- Sample disclaimers;
- Sample procedures and customer letters;
- Operational self-assessments;
- Real-life case studies for learning;
- E&O related articles
Sabrena Sally, CPCU, Swiss Re Corporate Solutions Senior Vice President explains, “The resources available on the E&O Happens website are very practical and can help agencies create greater awareness with agency staff of the need to proactively avoid E&O claims. We want to offer our insureds more than just a policy but a comprehensive program. Every agent needs to think about their own E&O exposure and the good news is that a well-run agency operation is one that can avoid claims and successfully defend itself should one occur.”
