E&O Insurance for Risk Managers and Risk Management Companies
We provide errors and omissions insurance, also called professional liability insurance, to risk managers and risk management companies.
Risk managers analyze an entity's exposure to risk and determine how to minimize the potential impact of such risk through risk avoidance, risk reduction, risk transfer, risk retention, and other approaches. Risk managers involved in enterprise risk management strive to enhance shareholder value by minimizing and managing risk in the strategic, operational, financial, and hazard categories.
Specifically, risk managers provide a variety of services, including the following:
- The identification and analysis of risks and hazards with which clients are faced;
- The determination of effective methods of minimizing and managing risks;
- The formulation of risk management policies and procedures;
- The interaction with insurance providers for the purpose of negotiating insurance coverage;
- The assistance in training client employees with respect to risk management issues.
Do not hesitate to call us to discuss your E&O for risk managers insurance needs.