Attend a Training & Qualify for Loss Control Credit from Utica
Eligible Criteria for Loss Control Credit for Utica P&C Agents:
1
At least 60% of the agency staff hold recognized designations
Recognized designations include CPSR, CISR, ACSR, CPCU, CIC,
or others. This program is designed to focus on the education of
agency personnel.
2
Attendance at an approved E&O Seminar
(within the first 60 days after inception date or last 24 months)
The seminars must have quality salient points addressing
loss prevention of insurance agents. Please note that proof
of attendance is required by Utica in the form of your course completion certificate.
Attendance requirements by size of agency:
- Staff 1-3 1 principal/office manager or CSR
- Staff 4-10 1 principal/office manager and 1 CSR
- Staff 11-20 1 principal/officer manager and 2 CSRs
- Staff 21+ 20% of staff
OR All required staff attend an affiliate conducted in-house E&O loss prevention seminar.
Attendance of an approved in-house (site of your choosing,
including virtual) E&O seminar—all required staff (all internal
CSR employees as well as the principal or office manager of the
agency) can attend a seminar that deals with E&O loss prevention.
To coordinate an in-house seminar, contact IA&B Events Manager,
Alane Fagan at AlaneF@IABforME.com or 800-998-9644, ext. 512.
3
An annual exposure analysis program
As part of the standard operating procedure of the agency. The
program should address all of the potential exposures with a
checklist by class of business (as opposed to a generic approach).
This would require that the client sign off on coverages not
requested. To verify the existence and usage of this program,
Utica requires three new and three renewal exposures analysis
checklists for review.
Eligible Criteria for Loss Control Credit for Utica P&C Agents:
When you meet any of the
outlined criteria, a 5% credit
is applied to your premium –
up to a maximum of 10%
credit. There is no minimum
premium threshold, and
the credit will be applied
after the application of any
schedule rating modifiers.
The criteria must be met
every year for the credit to
be continued.
5050 Ritter Road
Mechanicsburg, PA 17055
Mechanicsburg, PA 17055
191 Main Street
Annapolis, MD 21401
Annapolis, MD 21401
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