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E&O insurance expands for agents.


Swiss Re Swiss Re is the world’s largest reinsurer, now that it has acquired GE Insurance Solutions (Ligi 2006). Founded in 1863, Swiss Re now operates in more than 30 countries. General Electric owns 8.9% of the firm.  has expanded professional liability offerings for agents beyond the coverage provided by Westport Westport, residential town (1990 pop. 24,407), Fairfield co., SW Conn., on Long Island Sound at the mouth of the Saugatuck River; settled 1645–50, inc. 1835. It serves as a popular residence for New York City commuters. Westport has a summer theater.  Insurance Corp. written through state associations of the Independent Insurance Agents and Brokers of America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. . The new errors-and-omissions product is designed for agencies that do not qualify for the Westport program. Agencies that typically fall outside the parameters of the IIABA-endorsed program include those in business less than three years, those writing large volumes of business in higher hazard hazard

a risk.


hazard analysis critical control points
a systematic procedure used to identify specific hazards (for example in food production) and establish control systems that focus on preventive measures rather than rely on
 areas, and those acting mainly as a managing general agent or a broker.
COPYRIGHT 2006 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Property/Casualty
Publication:Best's Review
Date:Dec 1, 2006
Words:87
Previous Article:Indexed annuities.(SPOTLIGHT)
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