Commercial Umbrella

• PROTECT your business with an E&O umbrella endorsed by IIABA.
• CONSOLIDATE coverages with one carrier and avoid potential gaps.
• SECURE your agency’s future with the largest writer of agents professional liability in the country.
• SUPPORT your state association while protecting your business.

A commercial umbrella underwritten by Swiss Re (rated A by A.M. Best) is now available exclusively to Big “I” members.

• Designed in collaboration with the IIABA to meet the needs of independent insurance agents
• Broad coverage over primary casualty lines, including E&O
• Limits available up to $10 million over underlying primary E&O policy
• Available nationwide
• May to be written over a variety of E&O carriers

• More Information

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Agency Cyber Liability

Only 35 percent of companies invest in cyber-liability insurance, even though studies show that more than 72 percent of data breaches occur in small-to-medium-sized businesses. Failure to notify the affected individuals “without unreasonable delay” could cost your agency up to $1.5 million in fines from the federal government. 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 could devastate your agency.         

BIGiOK has partnered with Arlington/Roe & Co., Inc., to offer members an exclusive program to help protect their agencies from information security breaches. This holistic risk management program helps train staff on privacy compliance in addition to handling data breach notification and third party suits.

Coverage Benefits

• Members pre-qualified for enrollment
• Up to 50% off premium
• No encryption requirement
• Online compliance materials and support
• Step-by-step procedures for compliance
• Staff training programs and newsletters
• Data breach coach to help with notification
• Forensic investigator, public relations expertise, and privacy counsel.
• Credit monitoring and credit restoration services
• Notification costs outside limit of liability
• Security and privacy liability

• More information

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