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Errors and Omissions Classes

Save up to 10% on your E&O Policy

Improve your agency. Save money.

As a valued E&O customer, we want you to be sure you take advantage of all the savings possible. 

Don't miss out on saving 10% on your E&O policy with qualifying companies by attending one of IIAV's approved E&O Risk Management Courses, which are offered both in classroom & webinar format.
 

IIAV has a NEW E&O loss control class for 2021: E&O Risk Management: Roadmap to Commercial Property-Valuation, Time Element, & Inland Marine

Be sure your agency has qualified BEFORE your next renewal date.

_The speaker was fabulous and the course overall is definitely something more agents should attend._ - Wendy Mills on E&O Risk Management_ Meeting the Challenge of Change taught by Vince Sorgi.png

Upcoming E&O Classes:


May 5, 2021
E&O Risk Management: Roadmap to Identity Theft
9:00am-12:00pm 3 OGI #220602 $67.80/$97.80 Webinar
REGISTER

June 2, 2021
E&O Risk Mgmt: Roadmap to Commercial Property - Agent Responsibility & Coverage Issues
9:00am-12:00pm 3 OGI #220605 $67.80/$97.80 Webinar

July 14, 2021
E&O Risk Management: Roadmap to Personal Auto Liability Insurance
9:00am-12:00pm 3 OGI #220603 $67.80/$97.80 Webinar

August 4, 2021
E&O Risk Management: Roadmap to Homeowners Liability Insurance
9:00am-12:00pm 3 OGI #220505 $67.80/$97.80 Richmond (IIAV)REGISTER

September 1, 2021
E&O Risk Mgmt: Roadmap to Commercial Property-Valuation, Time Element, & Inland Marine
9:00am-12:00pm 3 OGI #220606 $67.80/$97.8Richmond (IIAV)

October 13, 2021
E&O Risk Management: Roadmap to Cyber & Privacy Insurance
9:00am-12:00pm 3 OGI #220515 $67.80/$97.80 Webinar

November 10, 2021
E&O Risk Management: Commercial Liability Coverage Gaps & How to Fill Them
9:00am-12:00pm 3 OGI #220493 $67.80/$97.80 Webinar

December 1, 2021
E&O Risk Mgmt: Roadmap to Commercial Property - Agent Responsibility & Coverage Issues
9:00am-12:00pm 3 OGI #220605 $67.80/$97.80 Webinar


Required number of staff reduced for the base 10% credit per list below:*
1-4 staff = 1 attendee
5-11 staff = 3 attendees
12+ staff = 25% of staff with a maximum of 15 attendees
*One active agency principal, owner, partner or officer is required for all three levels.

What-is-Risk-Managment.jpg

Benefits of an Educated Team
  • Lower your E&O Premium
  • Increase awareness by agency staff of the importance of E&O Risk Management & accountability
  • Improve overall agency operations while increasing revenue opportunities
  • Reduce exposure to the cost and hassle of E&O claims
  • Keep your deductible dollars in your pocket
  • Earn 3 OGI CE credits
iStock_000019128807Medium.jpgEffective 1/1/2020, new risk management (formerly loss control) credit compliance and credit options will be available to Westport clients.


Changes Include:
1. The credit will remain on your account for 2 years instead of 3.

2. Credit will no longer be lost because of claim activity.

3. E&O seminar attendance requirements will be 3 hours instead of 6.

4. Required number of staff reduced for the base 10% credit per list below:*
1-4 staff = 1 attendee
5-11 staff = 3 attendees
12+ staff = 25% of staff with a maximum of 15 attendees
*One active agency principal, owner, partner or officer is required for allthree levels.

5. If you qualify for the 10% risk management credit, you can also earn up to an additional 10% credit with the options below:
50% or more of staff attendance at an E&O seminar or webinar = 5% credit.
If you have an odd number of employees, round up for the proper number of attendees.
Agency use of a coverage checklist = 5% credit.
Checklist must be submitted for underwriter review and approval prior to the renewal for credit to apply.
Voluntary website review = 5% credit.
Website review must be done by a Westport approved auditor, and findings

Contact the VFSC insurance department at 804-747-9300 for more details or questions.