Terms
ISO AI Exclusions
ISO AI exclusions refer to a suite of highly restrictive, standardized endorsements introduced by the Insurance Services Office (ISO) to explicitly strip generative AI coverage out of standard Commercial General...
AI Exclusion Clause
AI exclusion clauses are restrictive endorsements that insurance carriers are quietly adding to commercial policies—such as General Liability, Cyber, and Technology Errors and Omissions (E&O)—to completely strip away coverage for...
Follow Form
Follow Form is a term that may refer to a type of insurance coverage. It is a type of coverage that is similar to an all-risk or open policy. Follow...
Lost Policy Release
Lost Policy Release is a type of insurance document used to release the insurer from any liability for a policy that has been lost or destroyed. It may refer to...
Reasonable Expectations Doctrine
The Reasonable Expectations Doctrine, also known as the Reasonable Expectation Doctrine, may refer to a legal principle that is used in insurance law. It is based on the notion that...
BOR
What is a BOR? It’s your “Broker Of Record.” This is an insurance industry term that many people don’t know about, but it could be the most important thing to...
Bordereau
A bordereau, in the realm of commercial insurance, refers to a document or report used to summarize and provide detailed information about multiple insurance policies or claims. It serves as...
Basic Causes of Loss Form
A basic causes of loss form (also known as a BCL Form) may refer to an insurance policy that covers losses resulting from specific causes. It is an all-risk policy,...
Declaration of Insurance
A declaration of insurance is a document that outlines the key terms and conditions of an insurance policy, including who is insured and coverage type. Also known as the "declaration...