Author Archives: Administrator
So one of your current or prior customers just sent you a demand for money or a lawsuit saying that you did something wrong and that they were financially harmed because of that. Now, don’t panic, this is why you … Continue reading
So you have an E&O insurance policy and your client or broker asks to be added as an additional insured. Sounds reasonable, because they should also be covered if you mess up, right? Well not so fast. Your E&O insurance … Continue reading
New P&C agents tend to pay quite a bit more than experienced P&C agents for their E&O insurance. The line between a “new” and “experienced” agent is typically being licensed for 3 years. The higher E&O costs for new agents … Continue reading
Let’s face it, being an insurance agent can be a lot of work. You’re dealing with a lot of customers, some of them demanding, a lot of them confused about insurance, and you have to keep them all happy. This … Continue reading
The retroactive date, also called the prior acts date, is an important part of the E&O insurance policy which is sometimes overlooked. Professional liability insurance policies (including E&O insurance) are mostly sold on a claims made form, rather than an … Continue reading
We’re a retail insurance agency and provide E&O insurance to all types of insurance agents, brokers, agencies, and brokerages. In this blog, we discuss various aspects of what you should know about E&O insurance for insurance agents and brokers.