Error Omissions
Error Omissions
Submit your information below so we can contact you with a FREE quote
[All fields are required.]
Actual Annual Revenue:
Verify:
=
I have read and agreed to theTerms & Conditions
Error Omissions
Error Omissions

Category Archives: E&O Insurance

Reducing E&O Liabilities for IT Businesses

IT consultants are hired to analyze, repair or create IT systems and structures for other businesses or organizations. They are even commonly tasked with more specific things such as writing code, installing programs and setting up hardware. Essentially, IT businesses focus on protecting other businesses from technological problems so that they can run smoothly. As business technology changes and evolves, IT consultants are taking on more and more responsibilities, which …

Also posted in blog, e and o, E&O, Professional Liability Insurance | Tagged , , , | Comments Off on Reducing E&O Liabilities for IT Businesses

How Your Company’s Website Could Be an E&O Exposure

A company website is an important aspect of a business’s online presence. Your business’s website is often the first impression your company gives to potential customers. It should be clear, clean, easy-to-navigate and contain enough information to answer common customer and potential customer questions and leave visitors with a good grasp of what your company is about.

In contrast, a website – even one that looks great – can actually …

Also posted in blog, E&O, Professional Liability Insurance | Tagged , , , , , | Comments Off on How Your Company’s Website Could Be an E&O Exposure

3 Things to Consider When Purchasing E&O Insurance


3 Things to Consider When Purchasing E&O Insurance
Errors and omissions (E&O) insurance is the essential policy that covers a business or individual consultant in the event that a client accuses them of being responsible for a wrongdoing in a service they provided, or failed to provide. E&O insurance may be called by different names; for example, in the medical field it is often referred to as malpractice insurance and for some types of professionals in may be …

Also posted in blog, E&O, Errors and Omissions Insurance | Tagged , , | Comments Off on 3 Things to Consider When Purchasing E&O Insurance

D&O and E&O Insurance: What’s the Difference?

D&O and E&O Insurance: What’s the Difference?

On the surface, it can be tough to tell the difference between directors & officers (D&O) and errors & omissions (E&O) insurance. Both policies, at their core, are designed to safeguard a business against losses from claims of negligent or malicious acts. However, this does not mean that the two policies are interchangeable. That is a common misconception, but the two policies each have distinct areas that they cover, and

Also posted in blog, D&O Insurance, Directors & Officers Insurance, E&O, Errors & Omissions, Errors and Omissions Insurance | Tagged , , , , , , | Comments Off on D&O and E&O Insurance: What’s the Difference?

Reducing Insurance Agency E&O Exposures

Insurance agents and producers better than anyone else know that as professionals you are exposed to allegations and claims that an error or omission caused financial damage to an insured. Even with best practices in place, mistakes can happen considering the massive volume of transactions that occur in a typical agency over the course of a year.

The most frequent E&O liability claims for insurance agents include failure to place …

Also posted in E&O, Error & Omissions, Errors and Omissions Insurance | Tagged , , , , , | Comments Off on Reducing Insurance Agency E&O Exposures

Selecting the Right Real Estate E&O Insurance Policy

Selecting the Right Real Estate E&O Insurance PolicyReal Estate Errors & Omissions (E&O) or Professional Liability insurance is a critical component of any sound insurance program for those involved in real estate sales, property management and related fields. That’s because the single greatest liability exposure most real estate agents and brokers face are malpractice lawsuits filed by dissatisfied buyers or sellers. Allegations can include misrepresentations, negligence, failure to disclose and other violations of the agent’s or broker’s

Also posted in blog, E&O | Tagged , | Comments Off on Selecting the Right Real Estate E&O Insurance Policy

Insurance Agency E&O: Discussing Coverage Gaps with Insureds

Insurance Agency E&O Discussing Coverage Gaps with InsuredsA recent case in Ontario, Canada highlights the importance of an insurance agent/broker’s responsibility to review coverage gaps with clients. In the Ontario case, a motion was allowed for summary judgment against an insurance brokerage and the individual broker for failing to meet their duty of care to arrange adequate insurance coverage.

The specifics of this case involve a client who was in a motor vehicle accident while operating his …

Also posted in blog, Insurance agents | Tagged , , , , , | Comments Off on Insurance Agency E&O: Discussing Coverage Gaps with Insureds

What’s Trending in Errors & Omission Insurance

Professions Vulnerable to E&O ClaimsProfessions Vulnerable to E&O Claims

An article published in Insurance Business America (IBA) Magazine last month highlighted several trends in certain professions regarding Errors & Omissions (E&O) insurance. Before we review these professions, let’s first take a look at what E&O insurance is and how it works.

E&O Insurance Defined

E&O insurance covers professionals for claims of negligent acts, error or omission during the course of providing one’s professional …

Also posted in blog | Tagged , , , , | Comments Off on What’s Trending in Errors & Omission Insurance

Going Cyber-Bare Exposes Insurance Agents to E&O Claims

 Going Cyber-Bare Exposes Insurance Agents to E&O ClaimsAre You Talking About Cyber Liability Coverage to Your Clients?

Recent studies from various sources cite that there are a few common reasons why companies don’t purchase Cyber Liability insurance – even in light of all the media attention that data breaches and cyber security garner. Lack of education ranks high on the list for not securing coverage with many firms thinking they’re just not vulnerable to attacks. They either …

Also posted in agents, Cyber Liability, Cyber Risk, Cyber Security, Errors and Omissions Insurance | Tagged , , , | Comments Off on Going Cyber-Bare Exposes Insurance Agents to E&O Claims

Emerging Cyber Risk for Directors & Officers Grow in Frequency

Emerging Cyber Risk for Director & Officers Grow in FrequencyRecent Conference Highlights Emerging Cyber Risk for Directors & Officers

Earlier in June of this year, we wrote about the increased importance of the role by boards of directors in cyber security, brought to light in the wake of several high-profile data breach cases such as Target, and the call from SEC Commissioner Luis Aguilar in May for corporate boards to ensure they’re taking the necessary steps to address …

Also posted in Directors & Officers Insurance, Directors and Officers Insurance | Tagged , , , , , , , | Comments Off on Emerging Cyber Risk for Directors & Officers Grow in Frequency
Error Omissions
Error Omissions
Submit your information below so we can contact you with a FREE quote
[All fields are required.]
Actual Annual Revenue:
Verify:
=
I have read and agreed to theTerms & Conditions
Error Omissions
Error Omissions