Utica National E&O

UTICA RISK MANAGEMENT ALERT:

How Agents and Producers should respond to coverage questions.

 

 

Q: How can I earn 10% off my agents’ E&O premium?

A:  There are 3 ways you can save…

1.  Conduct an annual exposure analysis program reviewed by Utica (5% credit)

2.  Professional training & development of your staff

3.  Attendance at an approved E&O seminar (5% credit)

 

Q:  Is this program available in my state?

 

A: This program is available in Arizona, Idaho, Montana, Nevada, New Mexico, Oregon and Washington.

 

Q:  What do the Utica policies include?

  • DIRECT access to the underwriter
  • Dedicated claims specialist
  • Full prior acts
  • Defense costs in addition to limits of liability
  • First-dollar defense coverage
  • Optional loss and litigation deductible and an aggregate deductible that caps your annual deductible exposure
  • Advertising and personal injury coverage
  • 5% loss control credit. Attend a Utica approved 3 hour E&O course for credit
  • 5% credit for Professional Training & Development. 60% or more agency staff achieve recognized designations including CPSR, CISR, ACSR, CPCU, CIC, and CPIA
  • Flexible payment plans and an A+ claims department
  • Optional Coverage’s include-Financial products coverage, real-estate coverage, mutual funds and variable annuities, and employment practices liability
  • Optional extended reporting periods that reinstate the aggregate and offer options of as long as 10 years

Q:  Why Utica?

A:  Utica is the only company that separates property and casualty E&O from life and health E&O. Both Utica Mutual and Utica Life & Health are specifically geared toward that type of agency.

Utica has been providing agent E&O coverage for more than 40 years and has nearly $2-billion dollars in assets. They continue to be one of the standard bearers in the industry, offering a superior product at a competitive price.

 

 

 

DID YOU KNOW?

UTICA National so has coverage for Cyber Insurance and Human Resources Consulting and Benefits Specialist Coverage.  

Learn more about Cyber HERE

Learn more about Human Resources Consulting Benefits HERE