Professional Liability

Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm. Professional liability insurance may take on different forms and names depending on the profession, especially medical and legal, and is sometimes required under contract by other businesses that are the beneficiaries of the advice or service.

Coverage sometimes provides for the defense costs, including when legal action turns out to be groundless. Coverage does not include criminal prosecution, nor a wide range of potential liabilities under civil law that are not enumerated in the policy, but which may be subject to other forms of insurance. Professional liability insurance is required by law in some areas for certain kinds of professional practice.

Businesses face risks every day. Risk requires protection. Without it, you could lose everything:
your clients, your reputation, your company – even your personal assets. Losses and lawsuits can come from any direction. That is why you need a trusted advisor with the vision to help you anticipate challenges and assist in keeping you and your organization protected with a suite of products and services.  We can help protect any size business through a full range of customized management and professional liability insurance coverages

With dedicated policies for private companies, public companies, nonprofit organizations, financial institutions and professional services, as well as managed care organizations, healthcare organizations and community homeowners associations, you'll get the coverage that fits your unique business, responsibilities, and exposures. Choose either standalone coverage or a suite of coverages on a single policy. Our carriers have the flexibility to adapt to you and your business.