Specialty Insurance Blog

Back to Basics – What is Errors & Omissions Insurance?

A short review of the basic professional and management liability coverages (E&O, D&O, EPL, Cyber Risk) will be helpful for some clients, and the first Back to Basics summary covers Errors & Omissions (E&O, Malpractice or Professional Liability). Errors & Omissions (E&O, Malpractice or Professional Liability) insurance protects professionals and professional organizations from financial loss from allegations of negligence. There are many types of professional classes that need E&O insurance, including: Doctors Attorneys Technology Developers/Platforms Engineers Consultants Insurance Agents/Brokers Professionals of all types hold themselves out to clients as experts in their area of practice. There is always a possibility that a professional's work may fail to meet their clients' expectations, resulting in a claim or lawsuit. E&O insurance is... Read more →

The Surplus Lines Market – Dramatic Growth

The Excess & Surplus Lines market (E&S or surplus lines) market is the home of specialty lines insurance, where more challenging and complex risks are placed, and where underwriters and brokers can develop new coverages. The E&S market has been growing strongly over the last few years. Read more →

The Opportunity of Unstructured Data

Check out a recent article on analytics and unstructured data in insurance on our related blog – the Innovate Insurance Blog. Specialty Insurance Blog – News & Commentary on Specialty Insurance – with an Emphasis on Professional Liability Insurance Read more →

Underwriting Takeaways for Insurtechs

Check out a recent article on underwriting best practices for Insurtechs on our related blog – the Innovate Insurance Blog. Read more →

Program Managers & Insurtech

Insurance program managers (MGAs) are increasing their involvement with Insurtech, including product development and business process applications. Read more →