Your rate can be reduced by 10% for 2 years if you meet certain E&O Loss Control Seminar requirements. 

Any of the E & Uh-Oh courses offered by OIA whether live or on demand will qualify for the loss control credit. This credit can be applied if a class is taken up to 30 days after renewal. Not sure how many staff need to take the course? Reach out to your E&O account manager today. 

The discounts don't end there. In addition there is still a possible 10% risk management that can be earned by doing two of the following; (Total Risk Management Credit possible is 20%,after the above 10% credit was earned. ONLY 10% credit remaining for any two of the below 4 options.)

1.) Have 50% of staff attend an approved E&O seminar within 30 days of your renewal or within a year prior to your renewal, this credit is good for 24 month period.

2.) Send me coverage checklists that your agency uses and has insured’s sign off on coverages they decline. I would need check lists that are used for the underwriter to review and possibly assign credit, this credit is good for 24 month period.

3.) Web based audit – Pay an approved Swiss Re Auditor to review your website for possible claims issues, receive recommendations and make those changes (Cost up front is $250-$750), this credit is good for 5% for 4 years.

4.) E &O Agency Audit - Pay an approved Swiss Re Auditor to review your website for possible claims issues, receive recommendations and make those changes (Cost up front is $250-$750), this credit is good for 5% for 5 years.

Utica applies a 5 percent credit to E&O base premiums for attendance at any approved continuing education course or E&O loss prevention seminars presented online or in person. To get this credit you would need to provide copies of CE transcripts or course completion certificates for a set number of staff/owners (see chart below). 

Any of the live or on demand E & Uh-Oh courses offered through OIA will apply toward the discount. In addition, 

- Any CIC or CRM update for persons holding that designation in good standing

- The CIC Agency Management seminar for persons who do not have the designation

- The CISR Agency Operations seminar

- The CPIA seminar

The following criteria must be met for the credit to be applied to your current renewal: 

- attendance at approved seminars every 24 months prior to your renewal date or up to 60 days after your effective date. 

- required staff attendance based on the size of your agency (see table)