Please contact [email protected] to discuss how we can help with your E&O policy. 

Swiss Re / Westport

IIAI offers professional liability coverage designed by insurance agents for insurance agents through SwissRe/Westport, the nation's largest and most reliable provider of insurance products for agents.

  • Broad E&O coverage - tailored to your agency's needs.
  • Catastrophe Extra Expense - pays extra claim expenses you incur following a catastrophe.
  • Regulatory Defense - provides legal assistance for, and pays expenses related to, a complaint or investigation brought by a state insurance regulatory agency.
  • Subpoena Reimbursement - provides legal assistance for, and pays expenses related to, a subpoena for documents or testimony not related to an E&O claim.
  • Employment Practices Liability - stand-alone or by endorsement to your E&O policy.

Working with our partners at Swiss Re Corporate Solutions, we have created one of the strongest coverage forms in the marketplace.

  • Rated A+ by A.M. Best
  • State of the art coverage form exclusive to Big "I" Members
  • Claims Made Coverage
  • Coverage for the sale of both Property/Casualty and Life/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 limit
  • $25,000 1st Party Personal Data Breach (cyber)
  • $1,000,000 3rd Party Personal Data Breach (cyber) sublimit
  • Full prior acts available
  • Deductible reduction up to $12,500 per claim for risk management, no limitation on the number of claims
  • Catastrophe Expense $25,000 per policy period
  • Regulatory defense $25,000 per policy period
  • True worldwide protection
  • 10% premium credit two years for attending an approved loss-control program
  • 10% Premium Credit for five years for an having an approved in-house E&O audit

Why choose Swiss Re/ Westport?

  • Exclusive loss prevention resources including
  • Risk management website newsletter
  • An exclusive policy form and premium credits filed on a Risk
  • Purchasing Group basis give Big “I” members tailored coverage
  • Dedicated claims staff focuses solely on defending insurance agents E&O claims, 70 percent of claims personnel are attorneys
  • Rated “A+” (Excellent) by A.M. Best

Data Security Resources

  • Info regarding Agency Website Free-Form Text Fields
  • Info about SSL Certificates
  • Agency Strategies to Send & Receive Personal Data Securely

Loss Control Information

  • Risk Management seminars conducted by qualified speaker
  • Loss control tips provided to policyholder

Producer Online/Virtual Risk Consultant

  • Producer Online by Rough Notes subscription available

E&O Guardian

Check out the risk management website, E&O Guardian available to policyholders providing:

  • E&O claims frequency data
  • Real-life case studies and analysis
  • Sample client letters
  • Sample agency procedures
  • Agency E&O self-assessments
  • Podcasts on important E&O topics
  • E&O tips
  • Agency E&O related articles

Loss Control Discount

This 10% discount is available at each Westport policy anniversary for Big I member agencies that complete the approved E&O Loss Control Course. For Westport policyholders, the discount will be applied back to the renewal date of the policy if the agency qualifies within 30 days of the renewal date. The discount applies for two years, as long as you don't have a “chargeable” claim, and as long as the agency maintains sufficient staff attendance to fulfill the loss control attendance requirement. (See definition of "chargeable" claim below.) If a chargeable claim does occur, the loss control credit may be regained one time by re-attending the loss control seminar prior to the following policy anniversary.

The number of people required to complete the course is based on the size of your agency:


Agency Staff Size

Total Attendees Required




1 Attendee

Active Agency 
Principal, Partner or Officer



3 Attendees
Made up of:

Active Agency 
Principal, Partner or Officer



25% of staff
Made up of:

Active Agency 
Principal, Partner or Officer

Any combination of  
Producers, CSRs, Active Agency Principals, Owners, Partners, Officers, or Operations Managers


Good Claims Experience

This tiered discount is available to IIAI member agencies at each Westport policy anniversary as long as the agency doesn't have a "chargeable" claim.  Available beginning the third year of continuous coverage at 10%, then 15% the fourth year, and 20% for the fifth year and after.

Definition of a "Chargeable" Claim

A chargeable claim is defined as an E&O claim for which any expense payment, any loss payment, or any loss reserve is made or established by or on behalf of the insured in excess of the following values based on GAP size.  Payments made by you within your deductible don't count.  (GAP = Gross Annual Premium, which is calculated as P&C premium volume for last 12 months plus L&H commissions for last 12 months)

Minimum Gross Annual Premium

Minimum Loss to Lose Credit

$1.00 - next level


$5,000,000 - next level


$10,000,000 - next level


$25,000,000 - next level


$50,000,000 - next level


$75,000,000 - next level





No content found

No content found

No content found

No content found

No content found