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Swiss Re E&O Program

For 25 years, the Big "I" Professional Liability Program underwritten by Westport Insurance Corporation, a member of the Swiss Re Group (rated A Excellent by A.M. Best), has been the premiere 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. Over the past two decades the Big “I” Professional Liability Program, underwritten by Westport Insurance Corporation, a member of the Swiss Re Group, 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.
 
IMPORTANT NOTE: When completed immediately print a copy and fax the application to Niki Wigington at (405) 840-4450 or email to EandO@iiaok.com.
 
Coverage Highlights of Swiss Re:
Working with our partners at Swiss Re, we have created one of the strongest coverage forms in the marketplace.  Structured using a modular approach, our policy provides solid core coverage as well as coverage units to insure against other exposures of concern. Review our policy form and you will see these are just a few of the coverage benefits of the Swiss Re policy:
Coverage for the sale of both P/C and Life and Health insurance products
Limits of liability up to $15 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 states)
Multiple extended reporting period options
True worldwide protection
Coverage for advertising, libel and slander
Available coverage units:
   *Employment Practices Liability
   *Real Estate Agents E&O
Coverage Benefits:
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, a member of the Swiss Re Group, rated "A Excellent” by A.M. Best.
Loss prevention materials to reduce the chance of a claim and improve business processes.
An exclusive comprehensive risk management website including practical information and tools to help your agency avoid E&O claims – www.independentagent.com/EOhappens.
E&O Claims Advisor– a quarterly E&O risk management newsletter available only to Swiss Re policyholders, providing valuable information to all positions in the agency.
A Professional Liability Committee of IIABA member agents to oversee and recommend enhancements to the program to meet the ever-changing needs of agents.  
The Swiss Re policy is designed using a set of general terms and conditions and coverage modules. This allows Swiss Re the flexibility to effectively react to the coverage needs of member agents.
 
Sample Policy Forms: