ERRORS & OMISSIONS RISK MANAGEMENT
NEW FOR 2020 WESTPORT RENEWALS: Only THREE (3) CE hours required to receive credit on your E&O Premium. If you attended an E&O class prior to 1/1/2020, you are still eligible for the 10% credit, but not eligible for the new additional credits unless you re-attend the E&O class in 2020. The class must be attended either prior to or within 30 days after your 2020 renewal date. Please contact your account rep for details on your specific requirements.
Please review Attendee Requirements FIRST to make sure you have the correct number of people from your agency attend the seminar to qualify for the E&O credit. To view requirements and information on obtaining additional credits, choose the company your E&O is with: Westport or Utica.
Agency/Carrier Relationships – Law of Agency
Understanding Agent Duties
An E&O Claim – 360 degree View
Agency Defenses – Documentation
E&O Considerations of Agency Operations
And Much More….
The direct premium savings from attending this seminar can be significant for policyholders. Additionally, the potential changes in agency operations examined during this course that can have a game-changing effect on agency E&O exposure. Data from Swiss Re Corporate Solutions indicates that no matter the size, business mix, or geographic region, agencies that attend this seminar have better claims experience. The benefits of sending agency staff to a seminar include:
- Lowering your E&O premiums with a credit on your E&O policy;
- Increased awareness by agency staff of the importance of E&O risk management and accountability;
- Improving overall agency operations while increasing revenue opportunities;
- Reducing exposure to the cost and hassle of E&O claims;
- Keeping your deductible dollars in your pocket; and
- Earning continuing education credits, while accomplishing all of the above
ALL Seminars listed below will qualify for E&O Premium Credit. Reminder - starting 1/1/2020, Westport renewals only require three (3) CE hours to receive credit on your E&O Premium. To view requirements and information on obtaining additional credits, choose the company your E&O is with: Westport or Utica.