Error & Omission Insurance

Covers legal fees, court costs, and other expenses incurred while defending against claims of professional negligence or mistakes.

The policy covers any settlements or court judgments awarded to plaintiffs, ensuring professionals are not held personally liable.

Covers claims related to failure to meet professional standards of care or negligence in providing services.

Provides protection against claims where mistakes or oversights in professional services result in financial losses for clients.

May cover claims related to unintentional defamation or intellectual property violations during professional services.

Provides coverage against claims arising from professional mistakes, errors, acts, omissions, or negligence in service delivery.

Specifically designed to protect service-based businesses in consulting, healthcare, IT, finance, and legal sectors from litigation risks.

Covers legal costs and settlements while demonstrating commitment to professionalism and responsibility to clients and partners.

Meets mandatory requirements for contracts with clients and compliance with regulatory standards in many industries.

Ensures business operations can continue while resolving legal matters, preventing financial disruption or bankruptcy.

Claims that a professional failed to meet the accepted standards of care, resulting in financial loss or harm to the client.

Providing inaccurate or misleading information about the nature or quality of services can lead to client lawsuits.

Cases where services are not delivered according to agreed-upon timelines or standards, leading to breach of contract claims.

Unauthorized sharing of confidential client information, whether intentional or accidental, can result in legal action.

Mistakes made during the provision of professional services, such as incorrect advice or oversight.

Covers the fees for legal representation in the event of a claim, ensuring professionals have access to proper legal defense.

Provides protection in cases where important client-related documents are lost, damaged, or destroyed.

Covers costs incurred to mitigate or reduce the impact of a professional error or omission, even if a claim has not yet been filed.

Includes coverage for fees related to resolving disputes with clients, whether through negotiation, arbitration, or litigation.

Provides immediate financial support for urgent legal or defense costs, ensuring timely action without financial delay.

Extends coverage to the insured's family and legal representatives in cases of death, incapacity, or legal proceedings.

Covers all expenses related to defending a claim, including attorney fees, court costs, and other legal expenses.

Provides coverage for costs associated with investigating a claim or potential claim before legal proceedings.

Notify the insurer as soon as a potential claim or incident is identified with detailed summary and documentation.

Insurer evaluates whether the claim falls within policy scope, reviewing the nature of alleged wrongful acts.

Insurer appoints legal counsel with mutual consent to represent the insured's interests.

Legal counsel formulates strategy, prepares defense, explores settlements, and determines effective legal actions.

Legal team conducts in-depth review of all relevant documents and evidence to build strong defense.

Insurer covers ongoing legal fees and expenses during the defense process.

If appropriate, legal counsel may recommend settlement to resolve the claim efficiently.

Case concludes with either settlement agreement or court judgment, with insurer handling payments per policy terms.

The insurer's financial stability is critical in ensuring their ability to cover high-value claims promptly and without complications.

Look for an insurer with a proven track record in efficiently handling and settling claims with minimal business disruption.

The insurer should have deep understanding of E&O liability risks and specialized knowledge in professional indemnity coverage.

Strong reinsurance arrangements ensure the insurer has financial backing needed to handle large or complex claims.

Ability to customize coverage to fit specific company needs with flexible limits and tailored endorsements.

Responsive and knowledgeable customer service team to guide policy selection and assist with claims.

Shields professionals from personal financial liability due to errors, negligence, or omissions in their work.

Having E&O insurance is often required for securing high-value contracts and provides client assurance.

Allows professionals to make strategic decisions with confidence, fostering innovation and calculated risk-taking.

Often required by law or contractually mandated in sectors like financial advisory, legal, and healthcare.

Covers legal fees, settlements, and damages, enabling businesses to survive high-value claims without major disruption.