Insurance Journal's Academy of Insurance
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Stealing is not just a claims problem… it's an Industry problem. Join us as we discuss ways to minimize Insurance Fraud and explain how it increases Agency E&O exposures.
Stealing is not just a claims problem… it's an Industry problem. Every year $40 billion is lost industry-wide to insurance fraud (not including health insurance). These fraudulent insurance claims cost the average U.S. family approximately $550/year in excess premiums.
Join us as we discuss ways to minimize Insurance Fraud and explain how it increases Agency E&O exposures. Part 1Will cover ways to ensure that you're correctly verifying information, staying alert to red flags and making sure that each insured is getting a proper and accurate Needs Assessment before quoting any kind of business.Participants in this webinar will learn:
Part 2Will review the Agency E&O policy and then link back to how Insurance Fraud impacts this exposure.Participants in this webinar will learn: