E&O Program Loss Control Credits

Swiss Re/Westport E&O policy holders have two ways to receive premium credits: by taking E&O loss control classes through FAIA, and through an agency risk management audit.

Loss-Control Credit

When you take eligible E&O classes through FAIA Education, you qualify for a 10-percent loss control credit on your Westport E&O Policy. Attendance is required each year to maintain the credit, and a copy of the Loss Control Certificate is required with your renewal application. 

Eligible Classes

Remember, classes must be offered through FAIA to receive credit. The loss control credit may be affected if an agency has paid claims.    

Date Title City
Select 9/26/2018 E&O 2018- What Have We Learned? Dania
Select 10/5/2018 E&O Storm Stories Part 2 Webcast
Select 10/5/2018 E&O Storm Stories Part 1 Webcast
Select 10/16/2018 E&O Storm Stories Part 2 Webcast
Select 10/16/2018 E&O Storm Stories Part 1 Webcast
Select 11/2/2018 E&O Storm Stories Part 2 Webcast
Select 11/2/2018 E&O Storm Stories Part 1 Webcast
Select 11/7/2018 E&O 2018- What Have We Learned? Altamonte Springs
Select 11/20/2018 E&O Storm Stories Part 2 Webcast
Select 11/20/2018 E&O Storm Stories Part 1 Webcast
Select 12/4/2018 E&O 2018- What Have We Learned? West Palm Beach
Select 12/7/2018 E&O Storm Stories Part 2 Webcast
Select 12/7/2018 E&O Storm Stories Part 1 Webcast
Select 12/11/2018 E&O 2018- What Have We Learned? Marathon
Select 12/18/2018 E&O Storm Stories Part 2 Webcast
Select 12/18/2018 E&O Storm Stories Part 1 Webcast

Attendance Requirements for E&O Loss Control Credit

Staff Size  # of Staff Required Position in Agency 
1 1 Active agency principal.
2–7 2 At least 1 active agency principal, owner, partner, or officer. Other staff may be a producer or CSR.
8–20  4 At least 1 active agency principal, owner, partner, or officer; at least 1 operations manager or producer. Other staff may include producers or CSRs.
21–50  6 At least 1 active agency principal, owner, partner, or officer; at least 1 operations manager or producer; and at least 1 CSR. Other staff may be producers or CSRs.
51+ 10 At least 1 active agency principal, owner, partner, or officer; at least 2 operations managers or producers; and at least 2 CSRs. Other staff may be producers or CSRs. 

Agency Audit Credit

Swiss Re/Westport offers a five-year 10-percent premium credit to agencies that complete and comply with an agency risk management audit performed by any approved auditor. See the list of Swiss Re/Westport approved auditors. (This link will take you to the IIABA Audit web page; scroll down to find the Approved Auditor Listing.)