Explore our E&O Insurance for your agency.

Errors & Omissions Simplified

Allow us to create a custom quote for your agency today.

IIAG members have access to broad coverages at competitive pricing through IIAG's E&O insurance program. Currently insuring nearly 80% of IIAG's members, the E&O program is one of the highest utilized member services. This program alone saves hundreds of members more money than the amount of dues that they pay IIAG annually.

Most agencies will be eligible for the Big "I" Professional Liability Program provided by Swiss Re Corporate Solutions or Allianz. Some agencies may not meet the guidelines for this program, but IIAG's E&O staff can determine in a short phone conversation if your agency is eligible or procure E&O policy quotes from other carriers.

IIABA has the largest national independent insurance agent's E&O program in the United States. With a committee of member agents, state association personnel, and Big I national staff tasked with overseeing this program, we will quickly respond to your agency's needs.

Contact Molly

For more information or to MollySeidesStaffPhoto request a proposal, email our E&O Insurance Programs Manager, Molly Seides, or call 770-458-0093 extension 106.

Start My Quote

Carriers & Coverage

For 25 years, the Big "I" Professional Liability Program underwritten by Westport Insurance Corporation, a member of Swiss Re Corporate Solutions (rated A+ Superior by A.M. Best), has been the premiere choice of IIABA member agents for insurance agents and brokers E&O insurance.

Coverage Highlights

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 Swiss Re Corporate Solutions, 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.

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 Property/Casualty and Life and Health insurance products
Limits of liability up to $20 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

Sample Policy

Coverage Benefits

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 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.
An exclusive comprehensive risk management website including practical information and tools to help your agency avoid
E&O Risk Management Web site – www.independentagent.com/EOhappens.
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.

With over 25 years experience, Allianz is a dedicated, knowledgeable insurer of insurance agents’ needs – yesterday, today and tomorrow.

Coverage Highlights

Rated A Excellent by A. M. Best and written on admitted paper
Dedicated claims staff focuses exclusively on insurance E&O claims
Long-standing market player in Agents E&O
Coverage for the sale of both Property/Casualty and Life & Health agents
Choice of three endorsements for sale of financial services products
Broad definition of covered professional services and activities
- Available first dollar defense
- Policy limits available up to $10,000,000 Aggregate deductible applies
Expert witness testimony covered
Protection for when you train, manage or supervise a client in the selling of insurance products
Market-quality insolvency coverage
Broad definition of “who is an insured”
Retroactive coverage and multiple extended reporting periods offered
Three-tiered employment practices liability offered by endorsement
$10,000/$30,000 catastrophe claims extra expense included with no additional premium
$35,000 regulatory investigation defense expense coverage per policy
Up to 60 days after end of policy period to report claims and purchase extended reporting provision
Immediate predecessor firm coverage
Supplementary payments of $500 per day for expenses incurred in aiding in the defense of a claim
The policy offers broad coverage tailored to insurance agencies.

Sample Policy

Access our exclusive E&O tools.

Rear view of businesswoman with curly hair drawing diagram on whiteboard when preparing for presentation

E&O Risk Management

The Big "I" Risk Management Website, E&O Happens, offers exclusive risk management information and tools to help agency staff of Swiss Re Corporate Solutions policyholders avoid E&O claims and improve business practices.

Men is typing on laptop computer keyboard

E&O Review Program

To help agencies remain competitive, well-organized, and profitable, IIAG and SwissRe/Westport in conjunction with The Moberg Group (TMG), offer the Agency E&O Review Program for members participating in the E&O insurance program.

Man working from home having online group videoconference on laptop

Virtual Risk Consultant

The Big "I" Advantage® Virtual Risk Consultant is a powerful online client service resource tool that no agency should be without. VRC has useful information for all positions in the agency, increasing sales and professionalism throughout your business.