Here are some of the most common questions we hear on a daily basis. If you have further questions after reading this, please contact one of our technology insurance specialists at 800.336.5659.
What does CCBsure® stand for?
Computer-Centric Business Insurance Program. Originally, CCBsure® catered exclusively to computer consulting businesses. As technology has evolved, so too has the ability of our program to cover a broader range of Technology businesses. Today, thousands of computer consulting, software development, IT staffing and systems integration companies, contractors and the agents that represent them, rely on CCBsure® to provide the insurance their business needs.
Who is the insurance carrier?
CCBsure® uses only the most financially secure, "A" rated, (or better), insurance companies. A.M. Best provides information about the financial stability of insurance companies by assigning these companies a rating. An "A" rating is considered excellent and assures consumers that insurance companies with this rating are financially sound with the strongest claims paying capabilities.
Who is ISG International?
ISG is the Program Administrator for the CCBsure® Insurance Program. G. Philip Feldman, CEO of ISG, developed CCBsure® in 1990. Today, ISG International specializes exclusively in Technology business and has realized an astonishing growth rate as more and more independent agencies IT companies and individuals turn to CCBsure® for their business insurance needs.
How long does it take to get a quote?
Although we ask you to give us 48 business hours to complete your request, same-day coverage is available if needed. If your technology risk is larger, the process may take a little longer, depending on underwriting circumstances. In most cases, however, you will have some type of pricing indication within 48 business hours.
How will our agency be billed?
We can either agency bill your office, or we can bill your client directly.
Will I receive confirmation of coverage?
Yes. We will send you a binder confirming the coverage has been placed, allowing you to show your client proof of your insurance coverage. You will then receive a policy shortly thereafter.
Can CCBsure® review my insured's contracts for their client's insurance requirements?
Absolutely. Our experienced staff of tech insurance professionals are familiar with the insurance contract language of your insured's clients and will be happy to review these requirements and indemnification provisions for you. It must be understood, however, that all legal documents, including contracts, should also be reviewed by the insured's legal counsel.
What types of payment plans are available?
Payment plans vary depending on factors such as the insurance company used and the amount of premium. The CCBsure® package for contract professionals will, in most cases, require payment in full in conjunction with the start date of your insurance. For larger companies whose premium is more significant, there are more options available for payment.
How much commission will I earn?
While our commission structure is extremely competitive, commissions and incentives are based on any of several factors including producer involvement, the size of group business, the products and coverage you are purchasing and your volume of business with CCBsure. The CCBsure program offers agents the opportunity to provide their technology clients with expertise and knowledge, speed and responsiveness and broad market reach to offer the most flexible insurance package available.
Can I buy just the Errors or Omissions (E&O) portion of the Package?
While E&O coverage is available on a stand-alone basis, our customers often tell us that the combined CCBsure® product is more affordable than quotes they have received for E&O alone. Furthermore, it is in your best interest to have your liability policies with a single insurance carrier to avoid possible disputes between insurance companies should a liability claim occur. One package means better coverage and faster claims handling when you need it most!
What other coverage might my insured need?
CCBsure® can address all of your insured's technology business insurance needs. From Commercial Liability to Disability, Workers' Compensation, Crime and allegations of sexual harassment and discrimination, the CCBsure® staff understands more than insurance - they understand how these policies need to be combined to properly cover your insured's technology business.
Who is responsible for issuing Certificates of Insurance for my insured's clients?
You are responsible for getting certificates sent to the insured.
Our CCBsure broker agreement gives you permission to issue certificates directly.
I have more questions that aren't addressed here. How do I get these questions answered?
Call a Technology Insurance Specialist at 1-800-336-5659. Our offices are open from 8:30am - 6:00pm Eastern Standard Time. |