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) 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 designed... Read more →