Professional Liability

Use the Professional Liability data section of a producer record to review information about a producer's professional liability coverage, such as errors and omissions (E&O) insurance or bonds.

ClosedView screen capture

To review a producer's Professional Liability coverage information, click the Professional Liability link in the Quick Links box of a producer record that is open in the Review/Update Producer page.

The Professional Liability data section includes the following fields and controls:

  • : For each professional liability coverage listed, click the node () to expand the record row to display exclusion types and audit information. Click the node () again to collapse the record row and hide the exclusions and audit information.

  • Type: For each professional liability coverage listed, displays the type of professional liability coverage, either E&O Policy or Bond, held by the selected producer.

  • Company: For each professional liability coverage listed, displays the name of the company issuing the producer’s professional liability coverage.

  • Policy Number: For each professional liability coverage listed, displays the policy number of the producer’s professional liability coverage.

  • Coverage Period: For each professional liability coverage listed, displays the beginning date and the ending date of the effective period of the producer’s professional liability coverage.

  • Per-Incident Coverage: For each professional liability coverage listed, displays the limit in dollars and cents payable per claim or incident under the producer’s professional liability coverage. Note that a Bond coverage type does not typically have a per-incident coverage amount.

  • Total Coverage: For each professional liability coverage listed, displays the aggregate limit in dollars and cents payable during the effective period under the producer’s professional liability coverage.

  • # of Exclusions: For each professional liability coverage listed, displays the sum total of types of claims specifically excluded under the terms of the producer’s professional liability coverage.

  • Exclusions: Displays only if the node () corresponding to the selected professional liability coverage is clicked to expand the record row. For each professional liability coverage listed, displays the description and system code of types of claims specifically excluded under the terms of the producer’s professional liability coverage. If the coverage includes no exclusions, displays "None."

  • Audit Information: Displays only if the node () corresponding to the selected professional liability coverage is clicked to expand the record row. For each professional liability coverage listed, displays a table containing user audit information. Fields include the following:

  • Added By: For each professional liability coverage listed, displays the name of the staff member responsible for adding the professional liability coverage information to the system.In cases where the Sircon system added theprofessional liability coverage informationthrough integration with Producer Express, displays theRequest IDof the Producer Express request that effectuated the added coverage. You can click theRequest IDto open Producer Express and navigate to the specific request. The date on which the professional liability coverage information was first added to the system displays in parentheses.
  • Updated By: For each professional liability coverage listed, displays the name of the staff member responsible for the most recent update of the professional liability coverage information.In cases where the Sircon system updated theprofessional liability coverageinformation through integration with Producer Express, displays theRequest IDof the Producer Express request that effectuated the coverage update. You can click theRequest IDto open Producer Express and navigate to the specific request. The date of the most recent update of the professional liability coverage information displays in parentheses.

  • : Available only when the total number of professional liability coverage exceeds 10. Click to open the first page of professional liability coverage information.

  • : Available only when the total number of professional liability coverage exceeds 10. Click to open the preceding page of professional liability coverage information.

  • Page [y] of [z]:Available only when the total number of professional liability coverage exceeds 10.Displays the number of the page currently displaying out of the total number of pages of  professional liability coverage information for the selected producer.

  • : Available only when the total number of professional liability coverage exceeds 10. Click to open the succeeding page of professional liability coverage information.

  • : Available only when the total number of professional liability coverage exceeds 10. Click to open the last page of professional liability coverage information.

  • View[v]to[w]of[x]:  Displays the range in numbers of professional liability coverage currently displaying in the section and the total number of professional liability coverage on record for the selected producer. (Maximum 10 per page.)

  • Add/Update/Delete Professional Liability: Click to open the Maintain Professional Liability page, where you can add or update the selected producer's professional liability coverage information.

Notes

Note: The values displaying in the Exclusions field are customer-configurable in the PROF_LIAB_EXCL_TYPE_CD code group on the Maintain Codes page. Note that an exclusion that has been made historical on the Maintain Codes page and is no longer active in the system is denoted with the historical symbol ().

Tips

You can add professional liability coverage information to producer records in batches, using the Bulk Business Data Updates capability in Producer Express. For more information about Bulk Business Data Updates, contact your Vertafore representative. Also, see Printable Help Guides.

Professional liability coverage information can be recorded on a producer record automatically based on information obtained from Producer Express during the processing of an onboarding or maintenance transaction request. For more information about this capability or about Producer Express, contact your Vertafore representative.