Utica Loss Control Seminars – Insurance Agents & Brokers

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Attend a Training & Qualify for Loss Control Credit from Utica

Eligible Criteria for Loss Control Credit for Utica P&C Agents:

1 Professional training and development of your staff (5% credit)

60% or more of the agency staff achieve a recognized designation, including but not limited to: AAI, AIC, AU, AINS, AIS, API, CRM, CPRM, CPSR, CISR, ACSR, CPCU, CIC, CSRM, and CPIA

2 Attendance at an approved E&O seminar (5% credit)

Attendance at an approved course within the last 24 months or within the first 60 days after the policy inception date. Proof of course attendance will allow credit for up to two policy terms. The credit can be extended by providing updated proof of course attendance every two years.
Required attendees by office size:
- 1-3 staff: principal/office manager or CSR
- 4-10 staff: principal/office manager and 1 CSR
- 11-20 staff: principal/office manager and 2 CSRs
- 21 and over: 20% or more of staff
The following are acceptable to qualify for the credit:
- Approved courses that address E&O loss prevention
- The CIC Agency Management course
- The CISR Agency Operations course
- Any CIC or CISR course for persons holding the CIC and/or CISR designation
- CPIA 1, 2, or 3
- The CRM Principals of Risk Management seminar
- The CPRM Practical Application of Personal Risk Management seminar

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 reviewed by Utica National underwriters (5% credit)

Needs to be a regular part of the agency’s procedures
Requires that a client sign off on coverages not taken
3 new and 3 renewal exposure analysis checklists must be reviewed

4 Self-assessment / audit completion (2.5-5% credit)

Completion of an agency audit or Utica National’s self-assessment (2.5% credit)
Completion of an agency audit or Utica National’s self-assessment and development of an action plan targeted at the opportunities identified from the audit / self-assessment (5% credit)
Access Utica National’s self-assessment flyer
Please note: The self-assessment must be completed within the last 24 months or within the first 60 days after the policy inception date. Credit is valid for two policy terms. The self-assessment and action plan must be updated bi-annually to maintain the credit.

The maximum combined credit allowed is 15%

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.

650 Wilson Lane, Suite 200
Mechanicsburg, PA 17055

191 Main Street
Annapolis, MD 21401

Toll Free: 800-998-9644
Fax: 717-795-8347
Email: IAB@IABforME.com

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