FREE access to Professional Liability Insurance.

Click here for more information.
You are currently not signed in. Any products you have purchased will not be available until you Sign In.
For a personalized walk-through of IRMI Online, Request a Demo.

claims-made multiplier

A factor applied to rates used for a claims-made commercial general liability (CGL) policy, depending on how long an insured has been in a claims-made program. The insured receives a larger credit its 1st year in a claims-made program, and the credit is reduced in each subsequent year (unless the retroactive date is advanced). The credit virtually disappears in the 5th claims-made year.

Navigation

Social Media