How does E&O Plus compare to the competition?

E&O Plus is the pre-eminent captive errors and omissions program for agents and brokers. It offers more than standard E&O coverage. We blanket our insureds with an unmatched, comprehensive E&O package that delivers stability, customized quality management and a proven return on your investment. It is more than just coverage - it is a dedicated approach which strives to understand, improve and monitor on-going agency operations to maximize efficiency while reducing exposures.

Why is E&O Plus only available to independent agencies?

E&O Plus was founded in 1986 when the standard market was not providing the terms and conditions needed by large independent firms who were expanding and growing more complex. Two of the founding entities, Assurex Global and The Council of Independent Agents and Brokers, recognized the need for stable, broad professional liability coverage for these innovative agencies. E&O Plus continues to believe that firms striving to maintain their independence while expanding operations in an ever complex industry face unique challenges and thus require their own customizable E&O protection.

Why is E&O Plus so expensive?

It may appear expensive on the surface when compared to other E&O providers' standard coverage, but E&O Plus delivers a comprehensive approach to risk. As a result, our performance since 1986 shows a consistent and reliable trend for insureds having an overall reduction in their total cost of risk. In addition, potential cost savings come not only from these reductions in E&O exposure and claims, but also from shareholder financial gains, operational efficiencies, improved client retention and more effective client management.

How does the Quality Management process work?

The Quality Management Program (QMP) from E&O Plus is designed to fit the needs of larger, more sophisticated agencies and brokers. The program has general, proven parameters which are then adapted to meet each insured's distinct characteristics and structure. The QMP is designed to educate your staff about E&O claims and prevention, assess your firm - department by department - for E&O prevention awareness, and provide on-going guidance relating to operations and risk reduction. Insured-led internal audits, based on QMP guidelines, help every department remain focused and committed to E&O claim reduction.