Errors & Omissions (E&O)
Miscellaneous Errors & Omissions (E&O)
Limits Available Up To $2M/$4M + $1M DOL (For Qualified Risks)
Coverage Available For 230+ Professional Services
Every company needs Errors & Omissions (E&O) coverage. At some point in a company's lifespan, a mistake will happen... a liability will occur... and a customer will sue.
Don't be misled that a GL policy will pick up a negligent act, error, omission.
That's why your clients need Miscellaneous E&O.
Claims Made and Reported.
Coverage provided by certain underwriters at Lloyd's
What is Errors & Omissions (E&O)
Errors and Omissions Insurance is a liability policy available to protect individuals and entities from claims of negligence or failing to perform professional services to others for a fee. These entities have different needs depending on the industry, the professional services provided, their specialty, etc. Errors and Omissions coverage may also be required for your client's services. There are a variety of additional coverage options via endorsements that can customize a policy for your client.
Is Your Client's Company at Risk?
An individual or an entity providing professional services to others for a fee has an exposure. Professionals are held to a higher standard that can be dictated by their industry. A claim, even if groundless, can generate substantial costs which could jeopardize the financial stability of your client. In the increasing litigious environment, is your client in a position to absorb this cost? The risk can be transferred to a Miscellaneous Errors and Omissions policy.
Be aware, professional services are typically excluded by General Liability policies.
No matter how ridiculous any claim may seem, your client can find themselves paying hefty legal fees and damages that could be covered with E&O Insurance.
Errors & Omissions For Over 230+ Professionals:
Sample of Professions Below:
Allied Health Classes
Alcohol & Drug Testing
Diagnostic Imaging & X-Ray
CPR Training (no medical)
Health Screening Center
Home Health Agencies (Non-Medical)
Occupational Counsel / Therapist
Employee Related Services
Employee Relations Consultants
Employment / Executive Search Agency
Employment Background Services
Manpower Resources Consultant
Medical Answering Services
Nursing Employment / Agencies (staffing only)
Benefit Admin Consultants
Risk Management Consultancy
Financial Related Services
Bookkeeper (No CPA Services)
Debt Collection Services
Payroll Process Services
Benefit Admin Consultant
Medical Billing & Collection Services
Cost Estimation Services
Fund Raising Consultants
Credit Reference Services
Premium Finance Companies
Health & Beauty
Skin Care Consultant
Exercise & Diet Control Consultant
Skin Care Consultant
Body Tan Services
Actuaries (excluding P&C Insurance Companies)
Loss Adjusters & Assessors
Personal & Property Appraisers
Premium Finance Company
Risk Management Consultants
Misc. Medical Support Service
Medical Billing (including Coding)
Nurse Agencies (Staffing)
Healthcare Reimbursement Counseling
Payroll Processing Service
Medical Case Manager
Medical Management Consultant
For ALL Professions & Information refer to our
Loss Control Consultants -
Specialty Risk Management , Inc. (SRM ).
SRM's Loss Control Consultants are available to Insureds throughout the policy period to help mitigate and control exposures and events.
We work with you to identify exposures and potential ways to avoid or minimize issues, lessening the impact to your business. We are a resource in the areas of loss control, customer complaints, professional and contractual standards, risk management and others.
SRM has consistently provided a combination of services to our client base in a wide range of industries for over 17 years through our Loss Control Consulting Service. SRM is staffed with experienced professionals who are licensed in the field of Loss Control and Risk Management at the State and National level.
SRM can assist with a variety of topics including loss control procedures, document review, (contracts), and sample templates of written communications for Insured's to use as needed.
Unlimited Telephone access to independent and licensed Loss Control Consultants
Experience working with a variety of government agencies (FDA, Health Departments, EPA, State & Local Health Departments, FBI, Police, etc...)