Professional Liability (E&O Insurance)

Professional Liability

Professional Liability, also known as errors & omissions (E&O) insurance, is designed to protect professionals from liability that arises from the rendering of professional services. This includes protecting the professional from claims by a client or others. Typical coverage is due to wrongful acts of a professional that may include actual and alleged errors and omissions, negligence, misstatement or misleading statements, and breach of duty.
 
Professional Liability Insurance is a critical component of risk management for any business offering expert services. It provides financial protection and enhances credibility and trust worthiness of a business.

At PLATFORM, We Know Professional Liability

Our tailored polices ensure your business is protected from potential legal claims arising from negligence and wrong full acts. Our expertise includes some the following:

Industry-Specific Expertise

Risk Assessment & Management

Policy Customization

Legal & Regulatory Compliance

Claims Handling & Support

Client Relationship

Secure Your business with Professional Liability Protection

We act as your trusted advisor and advocate, ensuring comprehensive coverage and risk management. Our continuous policy reviews and updates adapt to industry standards and regulations, while bespoke policy designs cater specifically to your professional sector’s unique needs. We prioritize risk management by proactively identifying and mitigating potential risks to prevent costly disruptions and uphold your business’s integrity.

Key Coverages to Protect Your Business

Professional liability coverage can protect professionals and professional service firms against liability and help defray the cost of defense following a claim for an error, omission, or negligence in the performance of professional services.

Coverage for Negligence

Legal Defense Costs

Breach of Duty

Regulatory Defence Coverage

The PLATFORM Approach to Excellence Starts Here

At PLATFORM, we seamlessly integrate market and placement excellence, analytics and benchmarking, risk quantification and program optimization, and claims advocacy and risk advisory to deliver a comprehensive service offering tailored to your needs.

Market & Placement Excellence

As strategic brokers, we use our industry knowledge and network to deliver tailored solutions. Our commitment to excellence ensures the best coverage at competitive rates and comprehensive risk management strategies.

Analytics & Benchmarking

We use analytics and benchmarking to empower our clients to make informed risk decisions. With data insights, we create tailored risk programs aligning with each organization’s risk tolerance, ensuring optimal coverage.

Risk Quantification & Program Optimization

We use risk quantification and optimization techniques for bespoke, optimized risk and insurance programs. By measuring risk and adjusting coverage, we deliver tailored solutions offering maximum protection and value.

Claims Advocacy & Risk Advisory

Our dedicated team ensures that clients receive the full benefit of their coverage during claims, while our expert risk advisors provide strategic insights to mitigate potential risks. This dual approach enhances protection and supports our clients’ long-term success.

Our Solutions