Professional Liability (Errors & Omissions)
Professional liability (or) omissions (E&O) insurance is a type of coverage that protects professionals and businesses from claims arising due to negligence, mistakes, or failures in the services they provide. Those who work professional services are subject to a higher duty of care and responsibility because of their unique qualifications and expertise. E&O is essential […]
Cyber
This covers claims of financial loss due to a cyber attack or privacy breach. It should include both first party (breach response, loss of income, systems restoration, ransomware, data restoration) and third party (privacy liability, network security liability, regulatory liability) coverages.
Umbrella and Excess Liability
Excess liability insurance, increases your total limits of insurance beyond those of your primary liability policies, such as general liability and automobile liability. For example, your primary CGL policy has a $5 million dollar limit. In order to have a $10 million total limit, you can purchase another $5 million dollar Excess Liability to stack […]
Property including Business Interruption
Property covers your physical assets including buildings, contents, electronics, inventory, machinery and equipment when damaged by perils such as fire, flood, windstorm, or earthquake. It can cover the cost to repair or replace the damaged property for Replacement Cost or Actual Cash Value. Actual Cash Value (ACV) covers the cost to repair, rebuild or replace […]
Employment Practices Liability
Employment Practices Liability (EPL) insurance protects organizations against allegations and lawsuits by employees who claim their legal rights have been violated. EPL exposures have expanded from discrimination or harassment brought by employees to include a wide range of evolving exposures including accessibility, gender issues and disputes over performance reviews and promotion. Policies can be broadened […]
Directors’ & Officers’ Liability
Directors and officers (D&O) liability insurance is designed to protect individuals who are personally sued for wrongdoing while serving as directors or officers of an organization. It provides coverage for defense costs and any resulting settlements the directors, officers and the organization are required to pay. Wrongful acts and allegations covered under D&O policies include: […]
Crime
Crime coverage helps protect against criminal acts committed by employees and certain types of fraud committed by third parties such as credit card forgery or alteration, computer fraud and theft, stealing and embezzlement, destruction of property, and social engineering.
Commercial General Liability
Covers bodily injury or property damage claims from a third party as a result of your business operations. It usually includes personal & advertising injury, products-completed operations and can include extensions for tenant’s legal liability and medical payments.
Commercial Automobile / Fleets
Covers physical damage to your commercial vehicles and third-party liability. A fleet policy applies to a number of vehicles, usually with the requirement that they be under common ownership.