E&O Loss Prevention
Protect your agency from costly errors and omissions claims with comprehensive loss prevention programs
E&O Loss Prevention
Protect your agency from costly errors and omissions claims with our comprehensive loss prevention programs.
Risk Assessment
Comprehensive evaluation of your agency’s operations to identify potential E&O exposures.
Claims Prevention
Proactive strategies and best practices to minimize the risk of errors and omissions claims.
Policy & Procedures
Development and implementation of standardized procedures to protect your agency.
E&O Procedures Audit
Recent studies indicate that one third of independent agencies are being sued each year for alleged Errors and Omissions. What can your office do to prevent costly errors, and more importantly, what can be done to provide a better defense if an E&O situation should occur?
The first step is to have your current procedures audited. After meeting with your management team and observation of your staff, you will be provided with a comprehensive summary report which outlines and prioritizes areas which need to be addressed. Many E&O carriers offer premium credits for agents who implement recommendations made in an Errors and Omissions audit.
Customized E&O Loss Prevention Training
All staff members need Errors and Omissions loss prevention training. An Errors and Omissions training session can be customized to your own agency procedures and issues.
One option is to have us observe agency operations prior to the class in order to assure that the material presented applies to your own agency. Often, agencies will require half of the staff attend this three-four hour training session in the morning, and the remainder of the staff in the afternoon, allowing all employees to have the opportunity for this valuable education.
Many E&O carriers will offer a premium credit for this type loss control class. We will work with you to determine the best education alternative for your office.
Expert Witness Consulting
Mary LaPorte is available to serve as an expert witness for litigation involving an insurance agent’s standard of care, customs and practices, and E&O (Errors and Omissions).