Professional Liability / Errors & Omissions Insurance

Today we are seeing a steady increase in the number of claims against clients delivering professional services. Professional Liability insurance, also known as Errors and Omissions (E&O) insurance, protects a business when a client holds the company responsible for a service provided, or a failure to provide a service, that did not have the expected or promised results.

As most commercial liability policies exclude Professional Liability coverage, your client should consider this additional protection for settlements, defence costs, negligence, mistakes and oversights against potential damages whether or not they’re found liable.