https://completemarkets.com/Article/article-post/985/ERRORS-AND-OMISSIONS-CONSIDERATIONS/
...n go unshod' could apply to many insurance agencies today. Thousands of agents don’t carry any E&O insurance at all, and many more might not hav...dures that will treat customers fairly and respect their intelligence and decision-making capabilities. Keep them informed of good news and bad in a timely manner. And meet their needs with courtesy and professionalism. A satisfied insure...
https://completemarkets.com/Article/article-post/1452/PROCEDURES-IN-AN-AGENCY/
...hrough failure to renew expiring insurance (whether insured is contacted or no...g to an insured that you do not understand. Promise anything that yo...
https://completemarkets.com/Article/article-post/2156/E-O-LEGAL-ACTIONS-THE-AGENCY-NEMESIS/
... CPIA This article addresses an insurance agency's the most common practices ...nt is that it should exist. Innovation and creativity have no place in the she...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/105/Final-Check-Protect-Against-Errors-And-Omissions/
... for each procedure; and that there's a plan against errors and omissions. THE SUSPENSE SYSTEM The suspense system plays a crucial role in running your agency successfully. This system details each transaction that needs to be further worked. It includes everything from awaiting information from the insured, to following up on an invoice or a Commercial line audit. Recently one agency found almost 300 past-due suspenses in its Commercial lines area. No agency can afford this kind of processing delay. Delegate the job of checking the suspense system every week to someone ... content has not been rated yet. Is only one employee accountable for each procedure in your office? Do all customer service procedures begin and end with the customer service representative? Often with errors and omissions, all the weight lies on one person. To protect the agency from unnecessary errors and omissions, make sure that more than one person is accountable for each office procedure. Let's look at a few areas: the expiration report, the suspense system, and the accounts receivable. THE EXPIRATION REPORT Many agencies depend solely on the ... , checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Final Check: Protect Against Errors And Omissions 4/30/2013 12:00:00 AM by CompleteMarkets Editor , Grace Bauer This content has not been rated yet. Is only one employee accountable for each procedure in your office? Do all customer service procedures begin and end with the ...
https://completemarkets.com/Article/article-post/105/Final-Check-Protect-Against-Errors-And-Omissions/
...PIRATION REPORT
Many agencies depend solely on the expertise of cu...ted, and the exposure to unnecessary errors and omissions will decrease substantially!
...
https://completemarkets.com/Article/article-post/1528/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-TABLE-OF-CONTENTS/
...
LEGAL OUTLINE FOR CALIFORNIA INSURANCE AGENCIES TABLE OF CONTENTS IN...aragraphs 6.3-6.4. Is my life insurance held in a form that will avoid u...
https://completemarkets.com/Article/article-post/328/Certificates-Of-Insurance-Binders-And-Evidences-Of-Insurance-What%E2%80%99s-The-Difference/
Certificates Of Insurance, Binders And Evidences Of Insurance: What’s The Difference?
I visit ...omply with all applicable laws, rules, and regulations.
https://completemarkets.com/Article/article-post/227/Emerging-E-O-Loss-Exposures/
...usiness, and changes in existing insurance products, insurance agents need to be more diligent tha...iligence can help reduce the frequency and severity of E&O claims as well ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/132/Agencies-Are-Getting-Help-These-Days/
... How can we stay in touch with the client? ' How can we maintain accounts? ' How can we write more business? ' You might be wondering, How can I get help? ' There are plenty of resources! Local, state, and national insurance associations are willing to help with any issue. Automation vendors have lots of programs and are developing more to make insurance agencies successful. Insurance companies, too, are a great resource. And consulting groups are here to stay. I talk to at least 30 ... We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Agencies Are Getting Help These Days!4/30/2013 12:00:00 AM by CompleteMarkets Editor , Grace Bauer This content has not been rated yet. Every agency I talk to these days wants help. How can we be better? ' How ... , state, or national level, insurance associations are wonderful. Don't be afraid to call them - they're there for you. If an association doesn't have the answer, they'll get it for you. Often associations already have what you need, such as education, errors and omission coverage, and marketing programs. Ask them! I'm not a member of any insurance association, but, whenever I call, someone is always willing to help me. Call them if you have any question! AUTOMATION VENDORS At times just thinking about ...
https://completemarkets.com/Article/article-post/2786/Why-Errors-and-Omissions-Insurance-Is-Critical-for-Service-Based-Businesses/
Why Errors and Omissions Insurance Is Critical for Service-Based Busin...le to move forward with peace of mind and grow in the knowledge that, even if...