Errors and Omissions Insurance
Expert protection for your hard work
In professional services, mistakes can happen, but they don’t have to define your business. Errors and omissions (E&O) insurance provides a financial safety net, allowing you to focus on delivering exceptional services without fear of the unexpected.
What is Errors & Omissions (E&O) insurance?
Errors and omissions insurance, also known as professional liability insurance, offers specialized protection for professionals against claims of negligence, errors, or omissions in their services. It’s designed to address financial and reputational risks, ensuring your business can navigate challenges with resilience.
Who we protect
Your business is diverse, and our tailored coverage mirrors that. If you operate in one of these industries, you should consider E&O coverage:
- Architects and engineers
- Event services and planners
- Gyms and personal trainers
- Hair salons and spas
- Healthcare operations (e.g., in-home nursing and PSW, cosmetic health services, dental practices, nutritionists, recovery centres)
- Home inspectors
- Interior designers
- Immigration consultants
- Lawyers (additional coverage to that provided by the Law Society)
- Trademark and patent consultants
- Recruitment and employment firms
- Physiotherapists, massage therapy, and chiropractors
- Professional services
Protection against mistakes before they happen
Customers who count on your expert advice to power your business forward — it is what sets you apart. But sometimes, oversights occur that have negative implications for your clients. That is where Errors & Omissions (E&O) coverage steps in, giving you the protection you need to keep moving forward with confidence.
Secure your business with expert protection.
Ensure your business can continue to operate in the face of an E&O claim. Connect with one of our expert brokers to protect your business so you can serve more clients with confidence.
Frequently asked questions
Find answers to common questions about errors and omissions insurance.
What does errors and omissions insurance cover?
Errors and omissions insurance helps you to keep your business operational by:
- Covering legal expenses: Errors and omissions insurance supports your business by covering unexpected legal fees if there is a claim about a mistake in your advice or services.
- Meet contract obligations: A service agreement may require proof of E&O coverage as part of the deal. With E&O insurance in place, you can confidently meet the contract requirements and move forward with your projects.
- A simplified claims process: handling claims can be overwhelming, but we’re here to help. With support from our team of expert brokers, we will efficiently handle the claims process so you can focus on growing your business without added distractions.
Do I need errors and omissions insurance?
When others turn to you for expert advice in your industry, you may have a professional liability risk that your general liability policy does not cover. With E&O insurance, even if a claim against you lacks merit, you can rest assured that your defense will be taken care of.
What is not covered by an E&O policy?
E&O does not offer protection against:
- Bodily injury or property damage
- Criminal, dishonest, or fraudulent acts
- Contractual obligations or breach of contract
- Cost guarantees or price estimates
- Incorrect estimates of profits or economic returns
- Patent and misappropriation of information
- Violation of securities act
Have more questions?
Contact us for more information.