E&O Insurance for Independent Agencies: Your 2025–2026 Renewal Playbook
Markets are tightening and claims costs rising. Use this executive-ready checklist to renew smarter—and see how ABU’s member E&O program strengthens your negotiating position.
The 12-Point E&O Renewal Checklist
- Loss runs (36–60 months): include narratives + remediation actions.
- Revenue mix & delegation: break out PL/CL, program business, outsourcing; document QA steps.
- High-risk classes: flag habitational, trucking, construction, professional; attach placement protocols.
- Quoting protocols: bind authority limits, second-review thresholds, coverage comparison workflow.
- Training & CE: annual CE tracking for producers and CSRs.
- Data security: MFA on AMS/CRM, phishing tests, encrypted e-sign solutions.
- Complaint resolution: response SLAs, escalation map, root-cause analysis.
- Documentation & disclosures: proposal templates, declination forms, renewal refusal scripts.
- Carrier stability: monitor AM Best ratings and plan for deteriorating scores.
- COIs & certificates: issuance roles, QA turnaround times, audit logs.
- Change management: new products, locations, M&A—risk assessment steps.
- Market story: summarize controls that reduce frequency and severity; make it easy to underwrite.
Why ABU’s Member E&O Program Helps in a Tight Market
- Broader features: defense outside limits, vanishing deductible, first-dollar defense options.
- Agency-savvy underwriting: quicker responses from teams who understand independent agencies.
- Community leverage: benchmarking across member agencies to negotiate better terms.
Member Resources
- E&O Renewal Data Pack – Loss-Run Checklist + Control Map (available in member portal).
- Coverage Comparison Sheet – triggers, defense, hammer clause overview.