Specialty and Niche Commercial Insurance Products
For Corporations, Businesses and High Net Worth Individuals

Errors and Omissions for IT Companies and IT Professionals

 

IT Professionals
Computer Keyboard
Computer Chip

Errors and omissions insurance is business liability insurance for business professionals providing consulting and related services. An error or omission, a mistake, which causes financial harm to another, can occur on almost any transaction in any profession. This type of insurance helps to protect a professional, an individual or a company, from bearing the full cost of defense for lawsuits relating to an error or omission in providing covered Professional Services. This is a separate coverage from a standard CGL Commercial General Liability or Property insurance policy.

If you regularly give advice to your clients, handle data belonging to them or their business or are responsible for a client's intellectual property, you will need professional indemnity insurance. Despite feeling confident in the quality of your work, you're still vulnerable to a claim of negligence when professional advice or services fail to meet a client's expectations, something that could result in them suffering financial loss.

Errors and Omissions Insurance may be referred as: E&O (Insurance), Errors (&) Omissions, Professional Liability (Insurance), Malpractice (Insurance)

Eligible IT Risks:

  • IT Consultants
  • Website Developers
  • Computer Hardware Sales/Support
  • Network Support Services
  • Software Developers
  • Data Storage/Retrieval Services
  • Computer Training
  • Web Hosting Services
  • From one person firms to nationals

100% U.S. Receipts!
Coverage Available for risks with US fee revenue.