Professional Liability
Professional liability insurance, also called Errors & Omissions (E&O) insurance, protects professionals who provide advice, services, or expertise from claims of negligence, errors, or failure to perform. This coverage is essential for consultants, advisors, and service-based businesses.
Who Needs This Coverage
- Consultants and business advisors
- Technology and IT service providers
- Architects and engineers
- Accountants and financial advisors
- Marketing and advertising agencies
What's Covered
- Negligence and errors in professional services
- Omissions and failure to perform
- Misrepresentation and breach of duty
- Defense costs and legal fees
- Economic damages to clients
- Regulatory and disciplinary defense