Manufacturers E&O or Errors & Omissions Insurance – what is it, who needs it, why do manufacturing companies need it. I’m going to answer these questions and more in this article. So when we think of E&O or Errors & Omissions insurance we tend to think of occupations or professions that provide advice to their … Read More
The cost of Technology Errors & Omissions (Tech E&O) Insurance will depend on several factors, such as: The type of technology product or service is insured. As an example, a low-hazard technology provider like a website developer is going to pay less for E&O insurance than say a Fintech company that is handling money transactions … Read More
You’ve heard the abbreviations of E&O and D&O Insurance policies and you may assume they are similar but wonder what the differences are. In this video and post, I’ll explain what each policy is and how they are actually entirely different from each other. So let’s start off by answering the question of what each … Read More
If you’re in the process of selling your company, the buyer or buyer’s attorney may be insisting that you purchase something called tail insurance and you’ve never heard that phrase before. What’s a tail? What’s tail insurance? Why do I need it, and why do I need it now that I’m selling my business? I’m … Read More
Technology Errors & Omissions insurance or tech E&O insurance for short is a specialized professional liability policy written for a variety of companies in the technology industry. In this video and post, I’m going to go over what tech E&O covers, what it doesn’t cover and how it’s purchased. So, I’ve spoken before about E&O … Read More
Professional Liability insurance, errors and omissions, E&O, and malpractice insurance all fall into a similar bucket of coverage and are designed to protect an insured from claims which can arise from providing professional advice or services to clients. In this video and post, I’m going to explain professional liability insurance or E&O insurance in detail … Read More
Do Plumbing Contractors need E&O Insurance? What is Contractors E&O insurance? Plumbers E&O Insurance In this video and post, I’m going to discuss a specialty form of insurance known as E&O, or Errors & Omissions Insurance for Contractors, looking specifically at Plumbing Contractors and associated trades such as: Plumbers Heating & Air-Conditioning – HVAC Sheet … Read More
When you hear the phrase “prior acts” or “full prior acts coverage” from an insurance broker they are talking about a feature in a claims-made policy form. Claims made policy forms are a type of policy structure that is used for Directors and Officers, Errors & Omissions, Employment Practice Liability, Cyber, and other forms of … Read More
E&O Insurance– The Definition of Professional Services E&O or errors and omissions insurance, also known as professional liability, and in the medical world as malpractice insurance, is another one of those insurance policies that are not standardized and require a level of expertise to understand and interpret. The E&O policy is intended to … Read More
Hedge Fund D&O and E&O Insurance. Do you really need it? I’m often asked by hedge fund managers about the need for D&O and E&O Insurance? I’m just a startup, what’s the risk? I’m a very low-risk fund, who’s going to sue me? I get it. Fund managers are risk-takers. It’s what makes you successful. … Read More
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