Errors and Omissions Insurance, known commonly as E&O, protects against claims which arise from a failure to provide professional services. We help our clients analyze their E&O Insurance coverage and find solutions which are most suitable for their business.
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 and we have top-notch licensed brokers, available nationwide.
Many E&O policies are issued on a Miscellaneous Professional Liability (MPL) form and require significant changes to reflect a company’s specific business practices. Without these changes, many policies are simply inadequate. They do not cover the day to day risks of running a business.
Common exclusions include medical management, accounting or actuarial services, merger and acquisition services. For example, a medical group with a medical management exclusion would prevent their policy from covering their actual day to day activities. These gaps in coverage tend to go unnoticed, until there’s an actual claim.
It’s our job to analyze your company’s policy, uncover gaps and then provide a solution customized for your business.
We have specific insurance programs, custom-built for the following industries:
- Commercial Real Estate Firms and Brokers
- Residental Real Estate Agents
- Property Managers
- Title and Escrow Agents
- Mortgage Bankers and Brokers
- Architects and Engineers
- Insurance Agents
- Management Consultants
- Technology Consultants
- Accountants and Auditors
- Medical Groups
- Third Party Administrators
- Preferred Provider Organizations
Speak to one of our licensed representatives for a FREE policy review – we can provide recommendations on how to best protect your business. Call us at 201-847-9175.