Professional Liability/E&O Coverage

Exclusive access to the admitted A+ rated Westport product as well as access to almost any E&O market (both admitted and non-admitted) makes FAIA Member Services an agent’s go-to resource for professional liability insurance.

Florida’s largest and established Errors & Omissions insurance program, FAIA Member Services is focused on helping member agents get the coverage they need at a competitive price.

What else would you expect from the agents' agent?

Swiss Re Corporate Solutions/Westport

FAIA Member Services' E&O program—underwritten by Westport Insurance Corporation, a member of Swiss Re Corporate Solutions—was developed by agents for agents, and is tailored to provide the broadest protection available. Program highlights include:

  • Defense costs in addition to the limit of liability.
  • Deductible Reduction feature: If you need to file an E&O claim and the agency generates and maintains written documentation in the agency file of the refusal of any customer to accept any type of coverage or limit offered by the agency, 100% of the agency’s deductible for that claim will be waived up to a maximum of $25,000
  • $20 million limit capacity available.
  • Catastrophe Extra Expense coverage $25,000/$50,000 (with increased limit options up to $100,000/$250,000 available through endorsement).
  • Insolvency coverage for placement with carriers rated B+ or better by A.M. Best or carriers covered by a state guaranty fund. 

The FMS E&O program has a proven claims-paying track record, is a fierce advocate when it comes to claims handling and coverage interpretation, and offers the kind of outstanding customer service that comes with FAIA membership.

Apply for Westport E&O Program  

Additional Options

Through our IIABA endorsed brokerage firm, FMS has established relationships with several admitted and non-admitted carriers to serve members who may be ineligible for placement in Westport or want to look at additional options outside of Westport.

Is this a New Venture/Start-up Agency?

The following are needed to apply for coverage:

  1. Complete the three-page application (must be signed by an owner, officer, or partner). 
  2. Provide the agency owner's resume highlighting industry experience. 
  3. Provide a one-page summary of your agency's business plan. 

Email all three items to Joan Schim; fax to 850.893.8002; or mail to FAIA Member Services, Attn: Joan Schim, PO Box 16579, Tallahassee, FL 32317.
You will receive a confirmation once the application is received.

Has Your Agency Been in Business Less than Three Years?

The following are needed to apply for coverage:  

  1. Completed seven-page application (must be signed by an owner, officer, or partner). 
  2. Current valued E&O loss runs.

Please note: we may be able to use your current carrier’s E&O application to obtain a premium indication.

Email both items to Joan Schim; fax to 850.893.8002; or mail to FAIA Member Services, Attn: Joan Schim, PO Box 16579, Tallahassee, FL 32317.
You will receive a confirmation once the application is received.