Professional Liability

Professional liability insurance covers liability for damages arising from the rendering of or failure to render professional services. Protect yourself and your business from claims not covered by commercial general liability coverage.

The need for professional liability coverage developed due to typical general liability insurance policies only responding to bodily injury, property damage, personal injury or an advertising injury claim. Because professionals can cause claims without bodily injury, property damage, personal injury or an advertising injury claim, additional coverage is needed to fill this gap. Common claims made on these policies include negligence, misrepresentation, violation of good faith and fair dealing, and inaccurate advice.

Types of Businesses

• Architects
• Home inspectors
• Lawyers
• Physicians
• Real estate brokers
• Accountants
• Insurance Agents
• Tech Companies
• And More…

Technology Professional

Tech E&O manages risks, resulting from providing a product or service to a third party, that are not covered by a CGL policy. Specifically, tech E&O protects your business in the event that a third party suffers a financial loss due to your product or service not performing as it was intended or expected, including the event of an error or omission committed by your company. These policies also cover defense costs in the event of litigation. One example of Tech E&O coverage is described in the paragraph below:

A mistake was made and an error in the code of a website or program your company produced isn’t found before it is implemented. A third party depends on this product or service to operate its business and its operations are stalled due to the error, causing them a financial loss.

For coverage definitions, videos, and useful product resouce information click below to go to our Client Connection page.