About the Service
Professional indemnity / errors & omissions (E&O) insurance is a risk management solution for companies providing professional services. It protects the company and its employees against the financial consequences of errors made in the performance of their professional duties.
Purpose of Cover
- Maintaining the company’s financial resilience in the event of claims brought by clients
Insured Events
- A claim for compensation arising from an error, omission or act of negligence in the provision of professional services
Scope of Indemnity
Includes, but is not limited to:- Legal defense costs
- Compensation for losses caused
- Expert assessment and out-of-court settlement expenses
