Errors and Omissions Insurance covers your business for claims made against you or your firm for breach of professional standards. Normally, Errors and Omissions or Professional Liability is written specifically for the risks associated with a particular business or profession. Lawyers, Physicians, Architects, Technology Consultants, Writers all may require this type of insurance, but the policy itself should be written to address the specific exposure that each professional has.

Directors and Officers Liability is also specific to the type of business operation and entity insured. It protects the firm against claims made against the Governing Board and its members for breach of their responsibilities to the firm. It may also protect against certain claims made by competitors and shareholders. D&O may also include Employment Practices Liability to cover claims made against the firm and its officers for wrongful termination, harassment, failure to hire, and other causes brought by employees or former employees.