Professional Liability Insurance for Insurance Companies

We offer professional liability insurance, also called errors and omissions insurance, to insurance companies. Insurance companies face professional liablity claims primarily based on their handling of claims, but also based on the products that they sell, the financial advice they provide, their management of assets, their loss control, personal injury rehabilitation, and safety inspections.

We offer professional liability insurance to all types of insurance and reinsurance companies that write any type of P&C (admitted or surplus lines), life or health business, including:

• Stock Insurance Companies
• Mutual Insurance Companies
• Captive Insurance Companies
• Risk Retention Groups (RRG)
• Fraternal Groups
• Reciprocal Exchanges

The typical policy is offered on a claims made basis and provides coverage to insurance companies such as any actual or alleged error, misstatement, misleading statement, act, omission, neglect, or breach of duty, committed or attempted by or on behalf of any insured, in their capacity as such, in performing, rendering, or failing to perform or render professional services. The coverage varies by insurance company and the policy should be reviewed in order to understand the exact coverage, including limitations and exclusions.

Do not hesitate to call us to discuss your professional liability insurance needs.