https://completemarkets.com/Article/article-post/227/Emerging-E-O-Loss-Exposures/
...mbrella & Excess Liability, Employment Practices, home-based businesses, i...ting strategies, and poor reserving practices are just a few of the problems. ...
https://completemarkets.com/Article/article-post/218/Trade-Secrets-What-Are-They/
...th executing a properly drafted employment agreement with each of the agency’s employees and producers.
The employment agreement, or producer agreement, s...nfidentiality, non-disclosure, and employment practices to assist you in devising and im...
https://completemarkets.com/Article/article-post/948/EXTERNAL-GROWTH-WITH-SUCCESSFUL-ACQUISITIONS/
...t upon possible termination of employment/agreement or sale of agency. Review of employment agreements. Who has them and what ...vable aging and general collection practices. Review of Erro...
https://completemarkets.com/Article/article-post/1829/KEY-ELEMENTS-OF-AN-EFFECTIVE-WORKERS-COMPENSATION-CLAIM-AUDIT/
...e to good and bad claim-handling practices, we have identified 17 key claim fu... auditing of workers' compensation, liability, and employee benefits claim administration programs. No reproduction without permissi...
https://completemarkets.com/Article/article-post/238/The-Hard-Market-An-E-O-Perspective/
...ocedures and make compliance an employment performance requirement.
With all o...nce with the policy a condition of employment.
Although this might seem harsh,...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2134/Agency-E-O-Exposures-To-Broker-Of-Record-Letters/
... of account and the exposures this type of risk faces? In addition, based on the quality of the job the prior agent did, there might be coverages available that haven't been discussed with your new customer but need to be for exposures such as cyber liability or employment practices liability. The bottom line: Duplicating the prior agent's mistakes does NOT isolate your agency from the possibility of an E&O claim if a customer has a claim that their policies didn't cover completely. Falling into the "renew as is" trap is ... of the worst things you can do. It's best to treat this new customer, personal or commercial, as if they were a brand new prospect. Prove your value by conducting a comprehensive review of the file. This includes analyzing their current program, identifying their exposures, and providing them with coverage options. Exposure Analysis Checklists are a great tool to assist you in this regard. Be sure to bring to your customer's attention the differences between their current coverage and the options you're proposing and to document all discussions. An additional ... this type of account and the exposures this type of risk faces? In addition, based on the quality of the job the prior agent did, there might be coverages available that haven't been discussed with your new customer but need to be for exposures such as cyber liability or employment practices liability. The bottom line: Duplicating the prior agent's mistakes does NOT isolate your agency from the possibility of an E&O claim if a customer has a claim that their policies didn't cover completely. Falling into the "renew as is" ...
https://completemarkets.com/Article/article-post/2077/WHAT-MAKES-A-GREAT-OWNER/
...ze of their book or duration of employment. Owners who lack this spirit tend t...sed in Northern California. The firm specializes in financial and management c...
https://completemarkets.com/Article/article-post/935/EPL-BUILDING-A-THREE-LEGGED-STOOL-OF-PROTECTION/
...Legged Stool Of Protection
EMPLOYMENT PRACTICES LIABILITY INSURANCE: BUI...o hope you'll take advantage of this special free trial offer. ...
https://completemarkets.com/Article/article-post/1557/OSHA-HANDBOOK-FOR-SMALL-BUSINESSES-PART-4/
...ing them is a condition of your employment. Inform your supervisor immediately...l furnish to each of his employees employment and a place of employment which are free from recognized h...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/227/Emerging-E-O-Loss-Exposures/
... than ever in analyzing their Errors and Omissions risks and exposures. Some of the areas that open up agency E&O exposures are trusts, cyber risk, Non-Ownership Auto exposures (Personal and Business Auto), D&O Liability, Umbrella & Excess Liability, Employment Practices, home-based businesses, intellectual property exposures, and company solvency issues. Everyone at every agency should keep "due diligence" and "awareness" in mind while taking care of clients. Agents, like other professionals, must demonstrate their knowledge and skill. ... technical and complex nature of insurance raises the standards they must meet. Breaching their duty in a way that injures a client could make the agency liable for the damages. Remember that "perception is reality." If a client perceives that the agency harmed them, the agency will have to defend itself against that accusation. Remember, too, that many other professionals, such as doctors, lawyers, architects, engineers, and CPAs, have much more rigorous training, testing, apprenticeship, and licensing than people in insurance. ... insurance agents need to be more diligent than ever in analyzing their Errors and Omissions risks and exposures. Some of the areas that open up agency E&O exposures are trusts, cyber risk, Non-Ownership Auto exposures (Personal and Business Auto), D&O Liability, Umbrella & Excess Liability, Employment Practices, home-based businesses, intellectual property exposures, and company solvency issues. Everyone at every agency should keep "due diligence" and "awareness" in mind while taking care of clients. Agents, like other professionals, ...