It’s important to always do the right thing. But that doesn't mean that your clients or customers will do what's right. Errors and Omissions insurance will protect your company should a lawsuit arise due to an error or an alleged error by not delivering a promised result.
Professional Liability insurance is a form of errors and omissions insurance for professionals. It protects you in the event that a client claims that he or she experienced a financial loss due to an error or omission made by you or your company.
If your organization has a team of executives or a board of directors, you'll need to consider D&O insurance. Directors and Officers insurance will protect your firm against “wrongful acts” or actions made by board directors and/or executives.
These policies provide:
- Defense costs
- Settlements
- Judgments
Why Choose Insource
Over the past decade, the number of claims have skyrocketed from disgruntled clients, who in turn have made claims against the professional that represented them. These professionals in response to the client’s allegations, have been forced to submit a claim against their professional liability policies.
We will take the time to listen to your concerns, identify your exposures and will then tailor a professional liability insurance policy specifically designed for your business.