Utica E&O Approved

Every agency wants to save money. When you meet any one of the below listed criteria, a 5% credit is applied to your premium---meet two of the three below listed for a maximum of 10% credit. There is no minimum premium threshold for an account to be eligible for the credit. The criteria must be met every year for the credit to be continued.

1. Use of An Annual Exposure Analysis Program (5% Creidt)

Needs to be a regular part of the agency’s procedures
Requires that a client sign off on coverages not taken
3 new and 3 renewal exposure analysis checklists must be reviewed

2. Professional Training & Development of Your Staff (5% Credit)

60% or more of the agency staff must achieve recognized designations, including CISR, CIC, CPIA, CPCU and CRM

3. Attendance at an Approved E&O Seminar (5% Credit)

Within the last 24 months or within the first 60 days after the inception date
For all internal CSR employees as well as the principal or office manager of the agency
The seminars must address errors and omissions loss prevention
Required attendees by office size:
- 1 – 3 staff = Principal/office manager or CSR
- 4 – 10 staff = Principal/office manager and 1 CSR
- 11 – 20 staff = Principal/office manager and 2 CSRs
- 21 and over = 20% or more of staff

Approved Seminars (must be minimum of 3-hour course)

A 3 hour E&O loss prevention seminar
Any CIC update for persons holding that designation in good standing
The CIC Agency Management Institute for persons who do not have the designation
The CISR Agency Operations seminar
The CPIA seminar
The CRM Principles of Risk Management seminar
The CPRM Practical Application of Personal Risk Management seminar
Agents E&O: Duties, Best Practices, Operations, Workflows, and Certificates
Agents E&O: Defenses and Preventions for the Insurance Professional
E&O Insurance for Agents
E&O Loss Control Program for ALL Agencies
E&O Risk Management: Understanding Risk Mitigation and E&O Claims
Errors & Omissions - Prevention vs Mitigation - An in-depth look at two risk management techniques (Course #6000146465)
All-Things Ethics: Agent Obligations, Standards, Authority, and More
Certificates of Insurance and the Coverage Issues that Go With Them
Commercial Lines Coverages, Court Cases and Chaos
That's Personal: Home & Auto Exposures Your Insured Doesn't Share (And Why That's Bad!)
Nailed It: Understanding Insurance Requirements in Construction Contracts
Ethical Dilemmas in Insurance and the Responsibilities of Agents
Avoiding Errors and Omissions Claims: A Guide for Insurance Producers
E&O Loss Control for Agencies
An Agent's Guide to Understanding and Litigating Cyber Exposures
The Flow of E&O
E&O and Courtrooms
E&O Risk Management and Ethics
Professional Ethics and Errors & Omissions Loss Control
Ethics in Insurance - Protecting the Client and the Agency
Ethics, Diligence, Success: What Agencies Need to Know