BEGIN:VCALENDAR VERSION:2.0 PRODID:-//ChamberMaster//Event Calendar 2.0//EN METHOD:PUBLISH X-PUBLISHED-TTL:P1H REFRESH-INTERVAL:P1H CALSCALE:GREGORIAN BEGIN:VTIMEZONE TZID:America/New_York BEGIN:DAYLIGHT RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=2SU DTSTART:20070101T000000 TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:Eastern Daylight Time END:DAYLIGHT BEGIN:STANDARD RRULE:FREQ=YEARLY;BYMONTH=11;BYDAY=1SU DTSTART:20070101T000000 TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:Eastern Standard Time END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/New_York:20200801T090000 DTEND;TZID=America/New_York:20200801T120000 X-MICROSOFT-CDO-ALLDAYEVENT:FALSE SUMMARY:E&O Roadmap to Personal Auto & Umbrella Ins. Part 1 DESCRIPTION:This course is designed to help insurance producers prevent claims based on alleged errors or omissions in performance of professional duties in selling and servicing personal auto and personal umbrella insurance. In this course Agent\, broker\, and producer are interchangeable terms Prevent is used in the risk management sense i.e.\, reducing the frequency or likelihood of claims\n\nIMPORTANT CHANGES Effective 1/1/2020\, new risk management (formerly loss control) credit compliance and credit options will be available to Westport clients.\nChanges include:\n\n1. The credit will remain on your account for 2 years instead of 3.\n2. Credit will no longer be lost because of claim activity.\n3. E&O seminar attendance requirements will be 3 hours instead of 6. October 2019 E&O seminars will qualify for both the three-year and two-year credits.\n4. Required number of staff for the base 10% credit per listed below:*\n 1-4 staff = 1 attendee\n 5-11 staff = 3 attendees\n 12+ staff = 25% of staff with a maximum of 15 attendees. At least one attendee must be an *active agency principal\, owner or officer is required for all three levels.\n5. If you qualify for the 10% risk management credit\, you can also earn up to an additional 10% credit with the options below:\n 50% or more of staff attendance at an E&O seminar or webinar = 5% credit. If you have an odd number of employees\, round up for the proper number of attendees.\n Agency use of a coverage checklist = 5% credit. Checklist must be submitted for underwriter review and approval prior to the renewal for credit to apply.\n Voluntary website review = 5% credit. Website review must be done by a Westport approved auditor\, and findings must be implemented before credit will apply.Please contact the Big I NJ at 609-587-4333 for more details or questions.Approved for 3 NJ CE Credits X-ALT-DESC;FMTTYPE=text/html:
This course is designed to help insurance producers prevent claims based on alleged errors or omissions in performance of professional duties in selling and servicing personal auto and personal umbrella insurance. In this course
IMPORTANT CHANGES Effective 1/1/2020\, \;new risk management (formerly loss control) credit compliance and credit options will be available to Westport clients.
Changes include:
1. The credit will remain on your account for 2 years instead of 3.
2. Credit will no longer be lost because of claim activity.
3. E&\;O seminar attendance requirements will be 3 hours instead of 6. October 2019 E&\;O seminars will qualify for both the three-year and two-year credits.
4. Required number of staff for the base 10% credit per listed below:*
&bull\;1-4 staff = 1 attendee
&bull\;5-11 staff = 3 attendees
&bull\;12+ staff = 25% of staff with a maximum of 15 attendees. At least one attendee must be an *active agency principal\, owner or officer is required for all three levels.
5. If you qualify for the 10% risk management credit\, you can also earn up to an additional 10% credit with the options below:
>\; 50% or more of staff attendance at an E&\;O seminar or webinar = 5% credit. If you have an odd number of employees\, round up for the proper number of attendees.
>\; Agency use of a coverage checklist = 5% credit. Checklist must be submitted for underwriter review and approval prior to the renewal for credit to apply.
 \;  \;  \;>\; Voluntary website review = 5% credit.  \;Website review must be done by a Westport approved auditor\, and findings must be implemented before credit will apply.
Please contact the Big I NJ at 609-587-4333 for more details or questions.
Approved for 3 NJ CE Credits
LOCATION:815 Rte. 37 W. Toms River NJ 08755 UID:e.1494.156024 SEQUENCE:3 DTSTAMP:20240329T121136Z URL:https://members.biginj.org/education-events/Details/e-o-roadmap-to-personal-auto-umbrella-ins-part-1-174005?sourceTypeId=Hub END:VEVENT END:VCALENDAR