Employment Products
Protecting Your Assets and Your Agency
IIAV with VFSC provides the following products to support your Agency Employment:
– Employment Practice Liability
– Employment Benefits
How You Can Be Affected
Employment Practices Liability.
As an employer, you face the very real possibility of employment-related lawsuits brought by disgruntled employees or ex-employees. EPL claims can be expensive to defend, so don’t go it alone. Get the coverage you need to protect your assets
Lawsuits might include allegations of:
- Wrongful termination
- Sexual harassment
- Discrimination based on sex, age, disability, or race.
- Failure to hire or promote.
- Retaliation
And they might arise out of federal laws regulating employment, such as:
- Civil Rights Act of 1966
- Americans with Disabilities Act of 1990
- Age Discrimination in Employment Act of 1967
- Rehabilitation Act of 1973
- Covid Rights Act of 1991
- Family Leave Act of 1991
If your agency has fewer than 10 employees, EPL coverage can be added to your Swiss Re Corporate Solutions E&O policy by endorsement.
Please email the completed application to members@iiav.com
If your agency has 10 or more employees or desires broader coverage with a standalone EPL policy (which we recommend), we can provide coverage through one of our brokers with coverage features that include third-party coverage, prior acts, and limits up to $5 million.
Please email the completed application to members@iiav.com
Employment Benefits.
LIFE AND HEALTH
You can offer protection and security to your employees with access to a variety of affordable life & health products. Many of these products can be paid for by either the employer or the employee and are available to groups as small as two. IIAV’s Life & Health coverages include:
Group Health Insurance:
HMO, POS, PPO, HDHP, “HSA’s”
Choice of prescription plans
Fully Insured & Level Funded Plans
Great coverage and pricing flexibility
Multiple plans may be offered in your agency
Group Dental Insurance:
Preventative & Restorative Services
Wide variety of Deductibles
Options on Benefit Maximums
Third Party Administration:
Flexible Spending Accounts “FSA’s”
Dependent Day Care.
Group Life Insurance:
Group Short-Term Disability:
Guardian Life Insurance Company of America has two plans to choose from, both of which offer weekly income benefits up to $500 and special benefits for residual disability..
Group Long Term Disability:
Virginia Financial ServiceS Corporation
VFSC
Virginia Financial Service Corporation has been providing Agency E&O coverage in Virginia for over 50 years, utilizing strategic carrier partnerships specifically designed to meet the needs of Virginia agents. This means you have options.
- Risk Management & Additional Services
- Local support from an experienced insurance team
- Successfully serving Virginia insurance agents for over 50 years
- Exclusive Carrier Relationships
- Multiple E&O Carrier Options (Admitted and Non-Admitted)
Big “I” Employee Benefits
Your employees are the heart of your agency—give them the benefits they deserve while strengthening your business.
This program is underwritten by The Guardian Life Insurance Company of America, a multi-line insurance group with many years of experience in the business, and administered by a dedicated service team just for Big “I” Members.
Group Life
Group Short & Long Term Disability
Group Dental
Group Vision
Endorsed Vendors
State and National Organizations that support Agencies:
The only agency management system with a 97% recommendation rate.
The HawkSoft agency management system bundles the following capabilities with your investment:
- All core features to manage, grow, and measure your agency
- Live and immediate support by phone and remote login
- No long-term contracts
- #1 in customer satisfaction with a 97% first-call resolution rate
- Every phone call is answered in less than 2 minutes, on average
- #1 data conversions team; we’ll move more .texe
HawkSoft is built around the agent’s workflows, not the other way around. We come to work to help agents do quality work more efficiently – not by forcing them to adapt to software, but by ensuring HawkSoft automates the actions that agents already know to work best.
IPFS helps you generate revenue, automate processes, and provide great service to your insureds.
We are your one-stop source for premium financing and easy-to-use, time-saving solutions for insureds, such as:
- Flexible online payment options
- Secure eSignature and document delivery
- Cancellation avoidance alerts
- Custom-branded products and services
We strive to create competitive advantages for our clients. As the market leader in premium financing, our solutions help agents and insurance providers offer their customers improved cash flow and a streamlined payment process – all in One Platform.
Expert workplace services from a trusted partner.
IIAV’s partnership with The Workplace Advisors provides our members with expert guidance and support services to meet the unique needs of your business.
The Workplace Advisors is a leading national consulting and training firm that understands the needs of independent insurance agents and brokers.
Through our partnership with The Workplace Advisors, you’ll receive unmatched HR support at an affordable monthly rate, including:
- Unlimited HR compliance consulting support with a dedicated consultant
- Custom-tailored Employee Handbook services
- Monthly legislative updates and follow-up consulting support to meet your changing regulatory compliance needs
- Across-the-board savings on our services, including recruiting
- No set-up fees, no employee limits, no kidding!
Subscribe now and unlock the true potential of your organization.
A different hiring approach for the insurance industry
It’s getting harder to fill open postions in insurance. And there will be a lot more soon: 400,000 open positions by 2036 due to retirement alone. Meanwhile, turnover in the insurance industry is on the rise making it more critical than ever o be smart in your hiring.
Why do we need a new approach?
- 74% of employers say they hired the wrong person for the job
- 50% or more of a staff annual salary is spent to replace a bad hire
- 85% of applicants exaggerate on their resumes
- 10 million qualified workers are never considered
Insurance experts where you need them.
Talent is leaving the insurance industry at an alarming rate. So, it’s harder to find the insurance professionals that fit your staffing needs. WAHVE has a solution that takes the time and stress out of landing your next great hire.
Removing your staffing burden.
WAHVE focuses exclusively on the insurance industry. Our staff members are insurance industry veterans. They understand your business and how to find the right vintage talent to meet your needs.
- Quality Ensured: WAHVE’s qualifying software platform and Qualifying Specialists thoroughly assess each candidate so you can be assured their skills and experience will precisely match the requirements of the position.
- Faster Time-to-Value: A remote workforce of vintage experts with over 25 years of experience opens the entire country to your talent search. Our pool of over 4,000 qualified wahves cuts the time to find exactly the right person for your needs.
- Cost Efficient: We save you the cost of countless hours of search. And our veteran contract talent comes at an hourly rate that’s more affordable than you might expect.
IA Valuations is an independent agency valuation and business consulting services company headquartered in Columbus, Ohio. Affiliated with the Ohio Insurance Agency Association and partnered with other state associations across the country, our mission is to provide valuation-based planning to help independent insurance agency owners realize and maximize their value.
What IA Valuations Provides
IA Valuations delivers more than just a number. Their customized valuation reports (typically 40 pages) provide actionable insights to help agency owners:
- Identify growth opportunities
- Maximize agency value
- Build long-term wealth
- Prepare for perpetuation or transition
In addition to valuations, they offer perpetuation planning, financial modeling, buy-sell advising, and other specialized consulting services.
Why IA Valuations Stands Out
- With over 350 completed valuations, the IA Valuations team combines deep industry expertise with a mission-driven approach. Each engagement is personal and collaborative, helping owners understand not only their value but also their potential.
- Access to a powerful data platform to analyze trends across independent agencies—providing even more insights for growth and benchmarking.
- Accessible for All Agency Sizes by making professional valuation services affordable and accessible
Know Your Agency’s Worth
Your agency is a major financial asset—treat it like one. IA Valuations believes every owner should have an annual valuation, just as you’d review your investment portfolio each year.
AgencyFocus is a consulting firm that helps independent insurance agencies gain confidence in every financial decision. We turn complex financial data into clear, practical insights owners can act on. Because we are fee-only, we do not broker business, so our guidance stays focused entirely on what is best for your agency’s goals, whether that is growing, perpetuating, buying agencies, or selling your agency.
Founded by Carey Wallace, AgencyFocus has a team of consultants serving independent agencies across the country. Our team brings data-driven approaches to valuation, financial strategy, and perpetuation planning. Please reach out to us when you’re ready to dive into your agency’s financial health.
- Homepage: https://www.agency-focus.com/
- Fair Market Valuation: https://www.agency-focus.com/insurance-agency-valuation
- Fractional CFO: https://www.agency-focus.com/cfo
- Benchmarking: https://www.agency-focus.com/benchmarking
- Perpetuation Planning: https://www.agency-focus.com/insurance-agency-perpetuation-planning
IIAV Members receive a free 30-minute consultation with Agency Focus to discuss their current needs. Schedule a time with Carey Wallace for free by clicking here.
What We Cover
We want to support your Agency at every step by providing a variety of insurance coverage for your business.
Commercial Umbrella
Employment Benefits
Group Dental Insurance
Group Term Life Insurance
Group Medical Insurance
Group Long Term Disability
Group Short-Term Disability
Errors & Omissions
Cyber Insurance
Employment Practices Liability
Retirement Services
Recruiting & Hiring Support
No matter what position you’re hiring for, we manage the process so you can focus on running your agency.
Our recruiting services combine sourcing, structured screening, and behavioral assessments to help you hire the right person the first time.
Recruiting options include:
- Executive / C-Suite Search: Full-service leadership recruiting with benchmarking, compensation guidance, and up to 1-year performance guarantee.
- Management & Sales Recruiting: Structured recruiting for revenue-producing and leadership roles with candidate evaluation and up to a 6-month performance guarantee.
- Standard Recruiting Support Efficient: candidate sourcing, screening, and interview guidance to streamline everyday hiring needs. Up to a 90-day performance guarantee.
