Errors and Omissions Insurance
Errors and Omissions liability insurance provides coverage for lawsuits that are a result of the provision of professional services. We work with our clients in helping them analyze the coverages most suitable for them. Depending upon the industry, state, size and history of the company, any number of professional liability options are available. We maintain strong relationships with many carriers that can custom tailor a program for your organization.
Directors and Officers Liability Insurance
Directors and Officers liability insurance is one of the fasted growing areas of our practice. The ever changing legal environment has led to a need for officers and directors to be protected from the business pursuits of the entities they are associated with. Increasingly, officers and directors are held liable for day to day management decisions such as hiring and firing, investment choices, and even failure to maintain the proper amount of insurances for their businesses. Their liability lies in the inability to establish policies and procedures designed to mitigate negative consequences of their daily operations. Our specialists review each company’s risks and build custom programs specific to the needs of each client.
Employment Practices Liability Insurance
Employment Practices Liability Insurance is a must for virtually any business. Employment Practices Liability Insurance ( EPLI ) provides protection for employers from lawsuits associated with daily employment activities of their company. EPLI can help protect against lawsuits relating to:
- Sexual Harassment
- Hiring and Firing Policies
- Hostile Work Environment
- Advancement and Promotions
Fiduciary Liability Insurance
Fiduciary insurance refers to insurance protection against claims for mishandling or misappropriating funds of other for which the company is maintains control over. A common fiduciary responsibility could be the management and control over a company’s 401K and pension plans. Officers and Directors can be held individually responsible for the mismanagement or misappropriation of assets held on behalf of others.
Commercial Crime Insurance
Commercial Crime insurance refers to insurance protection against claims for theft of the company’s money or other assets. The theft of a company’s money and securities could affect their ability to continue operating. Many Directors and Officers (D&Os) lawsuits are brought about because of a theft and the Directors and Officers failed to put proper safeguards in place or failed to maintain proper insurances against the theft.
Malpractice refers to liability insurance protection for individuals such as doctors, lawyers and accountants. We custom tailor programs for each of our clients in order to best meet their needs as they relates to risk, risk management and retention. Our programs provide the flexibility to expand or contract as business needs change and in some cases to help insureds participate in the savings of profitable years.
Privacy & Network Security Insurance
Our Privacy & Network Security Insurance policies are designed to cover the risks associated with operating in todays technology driven business environment.