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Coverage for Your Agency

We realize that protecting the future of your agency is a major priority. You trust us to represent your interests at the highest political level and as your association we also want to provide you with the security of knowing you are getting the best overall E&O value in the marketplace—not just a policy, but a comprehensive program.  We have a market for every type of agency (individual, start-up, small, large).


What would you do if your agency had a data breach?
The vast majority of businesses that suffer a data breach fail to recover because they did not have a plan in place to deal with a possible breach.  Responding to a breach is a complicated process that requires the assistance of many different professionals.  Failure to notify the affected individuals without unreasonable delay could cost your agency up to $1,500,000 in fines from government agencies.  Add this to the $200,000 average cost to comply with notification laws, the legal liability and the reputational harm caused by the breach and you can quickly see how this exposure can be devastating to your agency.
MIIAB offers coverage through Beazley with the following benefits:
  Available to MIIAB Members Only
 No Encryption Requirement
 HIPAA Compliance Tools
 Step-by-Step Procedures for Compliance
 Data Breach Coach to Help with Notification
 Forensic Investigators
 Privacy Counsel
 Call Center
 Credit Restoration Services
  Up to 50% Off Premium
  MIIAB Members Are Pre-Qualified for Enrollment*
 Online Compliance Materials
 Staff Training Programs
 Expert Support Online
 Regulatory Fines & Penalties
 Public Relations Firm
 Notification Costs Outside Limit of Liability
 Credit Monitoring
 Security & Privacy Liability
*Some restrictions apply. Agencies over $5M in revenue, over 50% benefits or with prior losses need to be underwritten. 
Links and Downloads (Resource from NY IIABA)
1. Select your desired coverage limit based on your agency revenue using the "Data Breach Program Pricing" document above.
2. Complete the "Cyber Secure Application".
3. Email your completed application to Our Team.


John Immordino
E&O Risk Consultant
Sarah Immordino
Insurance Program Manager

April Goodin
Director of Operations
763-235-6475  C:  612-237-6620


Coverage Highlights and Benefits: Swiss Re Corporate Solutions

For 25 years, the Big "I" Professional Liability Program underwritten by Westport Insurance Corporation, a member of Swiss Re Corporate Solutions (rated A+ Superior by A.M. Best), has been the premiere choice of IIABA member agents for insurance agents and brokers E&O insurance.
The Big I Professional Liability Program offers not just a policy, but a comprehensive program for insurance agents. Over the past two decades the Big I Professional Liability Program, underwritten by Westport Insurance Corporation, a member of Swiss Re Corporate Solutions, has grown into the largest and most stable insurance agents E&O program in the nation. Our member agents and brokers nationwide look to the program for stable rates and a long-term market that they can rely on to protect their greatest assetstheir businesses.
Working with our partners at Swiss Re Corporate Solutions, we have created one of the strongest coverage forms in the marketplace.  

Review our policy form and you will see these are just a few of the coverage benefits of the Swiss Re policy:

  • Coverage for the sale of both Property/Casualty and Life and Health insurance products
  • Limits of liability up to $20 million
  • Broad definition of covered professional services and activities
  • Comprehensive definition of who is an insured
  • Aggregate deductibles
  • Defense cost outside the limits
  • Available first dollar defense
  • Full prior acts available
  • No contractual liability exclusion
  • Coverage for punitive damages (where available by state)
  • Multiple extended reporting period options
  • True worldwide protection
  • Coverage for advertising, libel and slander
  • Catastrophe Expense $50,000 per policy period
  • Subpoena Coverage $10,000 per policy period
  • 1st Party Personal Data Breach (cyber) $25,000 per policy period
  • 3rd Party Personal Data Breach (cyber) $1,000,000 sublimit
  • Deductible reduction up to $25,000 per claim for risk management activities

Coverage Benefits:

The only P/C insurance agents and brokers E&O program in the marketplace that contributes a percentage of every premium dollar to the funding of important advocacy efforts of the IIABA.
  • State associations that serve to assist you should a claim arise.
  • An exclusive policy form and premium credits filed on a Risk Purchasing Group basis to give Big "I" members coverage tailored to their needs.
  • Competitive pricing supported by a critical mass of premium volume to maintain rate stability.
  • A partner in Swiss Re Corporate Solutions, a member of the Swiss Re Group, rated A+ Superior by A.M. Best.
  • Loss prevention materials to reduce the chance of a claim and improve business processes.
  • An exclusive comprehensive risk management website including practical information and tools to help your agency avoid
  • E&O Risk Management Web site
  • E&O Claims Advisor a periodic E&O risk management newsletter available only to Swiss Re policyholders, providing valuable information to all positions in the agency.
  • A Professional Liability Committee comprised of IIABA member agents to oversee and recommend enhancements to the program to meet the ever-changing needs of agents.  
E&O HOTLINE  800-550-9891
  • Small App (SP 18 004 0120) if < $1M, AND agency doesn't:
    • Perform COBRA, HR Consulting, TPA, Safety Consulting, or other non-insurance related services
    • Sell mutual funds and/or financial products
    • Have more than 20% of your agency's written premium come from nonstandard auto
  • Mid - $1M - $5M (SP 18 005 0120)
  • Large - >$5M (SP 18 006 0120) Supplemental App to SP 18 005 0120
Small Agency App - Less than $1Mil in GAP.pdf
Large agents must complete the Mid Size App and the Large Agency Supplemental