IAOA Member Benefit
IAOA Member Benefit
Exclusive E&O Insurance Program with Aspen
Protect Your Agency with Confidence
As a valued member of the Insurance Agency Owners Alliance (IAOA), you now have access to a premier Errors & Omissions (E&O) insurance program developed through Hirsch Insurance Brokerage, LLC. This exclusive affinity offering is underwritten by Aspen Insurance Company—a trusted global specialty insurer known for its strong underwriting, exceptional claims handling and deep expertise in professional liability.
About Aspen Insurance Company
Founded in 2002, Aspen Insurance Company is a subsidiary of Aspen Insurance Holdings Limited and is headquartered in Hamilton, Bermuda, with offices throughout the United States and Europe. Aspen is rated A (Excellent) by A.M. Best and specializes in underwriting complex risks in both the insurance and reinsurance sectors.
Founded in 2002, Aspen Insurance Company is a subsidiary of Aspen Insurance Holdings Limited and is headquartered in Hamilton, Bermuda, with offices throughout the United States and Europe. Aspen is rated A (Excellent) by A.M. Best and specializes in underwriting complex risks in both the insurance and reinsurance sectors.
Aspen's Professional Liability division is widely respected for offering tailored E&O programs for professionals, including insurance agents, law firms, accountants, and consultants. Their customized policies are supported by responsive claims handling and sophisticated risk management resources, making Aspen an ideal partner for today’s agency owners.
Aspen's Professional Liability division is widely respected for offering tailored E&O programs for professionals, including insurance agents, law firms, accountants, and consultants. Their customized policies are supported by responsive claims handling and sophisticated risk management resources, making Aspen an ideal partner for today’s agency owners.
Program Overview
While all IAOA members have access to this program, it's important to understand that it was thoughtfully designed to offer an industry-leading E&O policy form—delivering broad, meaningful coverage enhancements tailored to the needs of independent insurance agencies of IAOA. Underwritten by Aspen Insurance Company, a recognized leader in professional liability, the program is backed by top-tier claims handling and outstanding risk management services. While it may not always be the lowest-cost premium option on the market, our goal with the Affinity program is to provide exceptional protection at competitive, affordable rates. It’s about delivering the best possible value—not just the cheapest price—ensuring your agency is supported by comprehensive, high-quality coverage when it matters most.
✅ Affinity Program Administered by: Hirsch Insurance Brokerage, LLC
✅ Underwritten by:
Aspen Insurance Company
✅ Exclusive to: IAOA members
✅ Easy, short-form application
✅ Capacity: Up to $10,000,000
✅ Revenue Requirements:
No minimum revenue threshold
✅ Admitted in 45 states currently
✅ Affinity Program Administered by: Hirsch Insurance Brokerage, LLC
✅ Underwritten by:
Aspen Insurance Company
✅ Exclusive to: IAOA members
✅ Easy, short-form application
✅ Capacity: Up to $10,000,000
✅ Revenue Requirements:
No minimum revenue threshold
✅ Admitted in 45 states currently
Key Coverage Features
Court Attendance Costs Coverage
Duty to Defend Contract
Administrative Proceedings Coverage
Subpoena Inquiry Coverage
Punitive Damages (where permitted by law)
First and Third Party Cyber Coverage
Multi-Year Extended Reporting Period Options
Automatic Sixty-Day Post-Reporting Period
Worldwide Coverage
Snap Shot: $10M Limit, Available Primary and Excess
Court Attendance Costs Coverage
Duty to Defend Contract
Administrative Proceedings Coverage
Subpoena Inquiry Coverage
Punitive Damages (where permitted by law)
First and Third Party Cyber Coverage
Multi-Year Extended Reporting Period Options
Automatic Sixty-Day Post-Reporting Period
Worldwide Coverage
Snap Shot: $10M Limit, Available Primary and Excess
Coverage Extensions & Advantages
First Dollar Defense
Defense Outside the Limit of Liability Option
Choice of Defense Counsel
Aggregate Deductibles
Deductible Reduction Coverage – Reduce deductible by 50% per claim
No Contractual Liability Exclusion
Broad Definition of Professional Services (includes HR consultants)
Consent to Settle Provision: 70/30 Standard
First Dollar Defense
Defense Outside the Limit of Liability Option
Choice of Defense Counsel
Aggregate Deductibles
Deductible Reduction Coverage – Reduce deductible by 50% per claim
No Contractual Liability Exclusion
Broad Definition of Professional Services (includes HR consultants)
Consent to Settle Provision: 70/30 Standard
Special IAOA Member Enhancement Endorsements
IAOA members will also receive a unique policy enhancement by endorsement, including:
These enhancements are available exclusively to IAOA members participating in the affinity program and are designed to offer superior protection and flexibility.
Available exclusively to Aspen policyholders, you’ll have access to free, confidential risk management and mitigation strategies designed specifically for insurance professionals. Aspen has partnered with the national law firm Wilson Elser Moskowitz Edelman & Dicker LLP (“Wilson Elser”) to offer policyholders direct access to experienced attorneys for real-time consultation via phone or email.
Services include:
This service is designed to help you stay ahead of risk, reduce distractions, and control costs—empowering your agency with tools to proactively manage liability in an increasingly complex environment.
ADMINISTERED BY
HIRSCH INSURANCE BROKERAGE, LLC
Clicking "Apply Here" will take you to the Hirsch Insurance Brokerage website to complete your application.