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E&O Coverage

E&O Coverage for our Members –
IIASD understands that when you purchase E&O insurance, you want your assets to be protected.  We offer top quality E&O programs for your coverage through Swiss Re Corporate Solutions America Insurance Corporation and Allianz.  These carriers have solid credentials with combined E&O experience of nearly 100 years.  If your agency does not qualify for the standard program, we also have access to non-standard markets.
Your policy will be underwritten and serviced at the State Association level by an experienced licensed agent who specializes in writing E&O coverage.  We are committed to providing  you with:
·         Broad coverage exclusive to our members and South Dakota independent agents.
·         Access to Swiss Re Corporate Solutions America Insurance Corporation/Allianz and many more.
·         Competitive pricing.
·         Risk Management credit, experience credit and  reduced deductibles for qualifying documentation.
·         In-house claims administration  with qualified, well trained, and professional claims handlers at your service. No conflict as to who their clients are…you  the insured.
·         High quality care and customer service by your state association’s insurance administrators.
·         State and National Association support. Always looking out for our member’s best interest.
·         Risk Management seminars offered  each year across 
the state with qualifying attendance for policy credit.
We strive to offer you the same level of professionalism and service  on your E&O coverage that you  provide to your clients. 


For more than 25 years, the Big "I" Professional Liability Program underwritten by Swiss Re Corporate Solutions America Insurance Corporation (rated A+ Superior by A.M. Best), has been the premier 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, 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.

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 catastrophe, $50,000 aggregate
  • Subpoena Expenses paid in addition to the limit of liability, until a claim is made against the Insured.
  • 1st Party Personal Data Breach (cyber) $25,000 per policy period
  • 3rd Party Personal Data Breach (cyber) $1,000,000 sublimit
  • Deductible reduction of 100% up to a maximum of $25,000 when proper documentation is kept showing coverage was offered and refused by the claimant
  • Loss of Earnings reimbursement up to $1,500 per insured per day, maximum of $75,000 per policy period.




 Megan Linn
E&O Program Manager
Phone: 1-605-224-6234
 Allianz-logo (1).jpg
With over 25 years experience, Allianz 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
  • Up to 10% Risk Management credits available
  • 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
  • $25,000/$50,000 catastrophe claims extra expense included with no additional premium
  • $60,000 regulatory investigation defense expense coverage per policy period
  • Up to 60 days after end of policy period to report claims and purchase extended reporting provision
  • Immediate predecessor firm coverage
  • Supplementary payments of $1,500 per day for maximum of $75,000 per policy period expenses incurred in aiding in the defense of a claim
  • Offers broad coverage tailored to insurance agencies.
Megan Linn
E&O Program Manager
Phone: 1-605-224-6234