Big “I” Professional Liability

​​​​​​​​The Big "I" Professional Liability Program provided by Swiss Re and underwritten by Westport Insurance Corporation (rated "A+" by A.M. Best), has grown into the largest insurance agents E&O program in the nation.  The market has changed over time and agents continue to depend on their E&O program for stability.  Currently, 60 percent of IIABA member agencies participate in the program, placing their coverage for an average of ten years.
Benefits of the program include:
  • Limits to $25 million available
  • Industry leading coverage form
  • Specialized experience in claims settlement
  • Various premium credits
  • Coverage for sale of both P&C and L&H products
  • Full prior acts available

Recently, a new risk management tool was added to IIABA's web site.  

Don't get bitten by an E&O claim you could have avoided, go to

ContactFor questions or further information contact:

Kristie WeyerKristie Weyer
Insurance Services Director
P: 502-245-5432
NoneFor 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 assets—their businesses.
Working with our partners at Swiss Re Corporate Solutions, we have created one of the strongest coverage forms in the marketplace.  


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.  

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 $25,000 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 $12,500 per claim for risk management activities
FiremansFund_logo.pngWith over 25 years experience, Firemen’s Fund is a dedicated, knowledgeable insurer of insurance agents’ needs – yesterday, today and tomorrow.


Coverage Highlights

  • Rated A Excellent by A. M. Best and written on admitted paper
  • Dedicated claims staff focuses exclusively on insurance E&O claims
  • Long-standing market player in Agents E&O 
  • Coverage for the sale of both Property/Casualty and Life & Health agents
  • Choice of three endorsements for sale of financial services products
  • Broad definition of covered professional services and activities  
    •  Available first dollar defense  
    •  Policy limits available up to $10,000,000
  • Aggregate deductible applies
  • Expert witness testimony covered
  • Protection for when you train, manage or supervise a client in the selling of insurance products
  • Market-quality insolvency coverage
  • Broad definition of  “who is an insured”
  • Retroactive coverage and multiple extended reporting periods offered
  • Three-tiered employment practices liability offered by endorsement
  • $10,000/$30,000 catastrophe claims extra expense included with no additional premium
  • $35,000 regulatory investigation defense expense coverage per policy
  • Up to 60 days after end of policy period to report claims and purchase extended reporting provision
  • Immediate predecessor firm coverage
  • Supplementary payments of $500 per day for expenses incurred in aiding in the defense of a claim
  • The Fireman’s Fund policy offers broad coverage tailored to insurance agencies.