Negligent acts, errors, and omissions
Claims alleging your professional work caused financial harm, including allegations that turn out to be groundless.
General liability excludes the advice you were paid for. E&O is the policy that responds when the work product is the problem.
The professional services exclusion
It sits on every CGL policy. If you are paid for expertise, that exclusion is where your uncovered claims live.
What the policy covers
The pieces, and what each one is actually for.
Insuring agreement
Coverage
Defense costs
Frequently the entire value of the policy. Whether defense sits inside or outside the limit changes the economics of every claim.
Tech E&O
Technology and cyber combined
Failure of the product or service to perform, bundled with privacy and network security coverage. Standard for software, MSPs, and SaaS.
Extension
Contingent bodily injury and property damage
Restores coverage where a professional error leads to physical harm, which is otherwise excluded on both policies.
Endorsement
Additional insureds and vicarious liability
Client required wording for the entities you contract with, plus coverage for independent contractors working under you.
Tail
Extended reporting period
The right to report claims after the policy ends. Price it when you buy it, not when you retire or sell.
Read this part
Terms that decide the claim
Two E&O quotes at the same limit and premium can behave completely differently.
- Retroactive date. Full prior acts is the goal. A retro date equal to inception means only work performed going forward is covered.
- Definition of professional services. If it does not describe what you actually do, the carrier has a coverage defense.
- Consent to settle and the hammer clause. A pure consent provision protects your reputation. A hammer clause transfers the cost of fighting to you.
- Defense inside or outside the limit. Inside is standard on most E&O forms and it should be priced accordingly.
- Contractual liability carve-backs, which decide whether the indemnity you signed is actually insured.
How we place E&O
Work the inputs before working the market.
Step 01
Define the services precisely
We draft the description of professional services rather than letting a carrier template define your business for you.
Step 02
Protect the retro date
Every prior policy is reviewed before we move a carrier. Continuity of the retro date is non negotiable.
Step 03
Match the contracts
Limits, wording, and additional insured status set against what your master service agreements actually require.
Step 04
Plan the tail
Succession, sale, or retirement gets addressed at placement so the extended reporting option exists when you need it.
Professions we place
ConsultantsTechnology and SaaSManaged service providersAccountants and bookkeepersArchitects and engineersStaffing firmsMarketing agenciesInsurance agentsProperty managersCourt reporting agenciesHome inspectorsNonprofit professional services
Not on the list is not the same as not placeable. Ask.
Questions we get
Straight answers.
My client contract requires two million in E&O. Can I just buy the limit?
You can, but read the rest of the clause first. Most contracts also dictate retro date, notice provisions, additional insured status, and how long you must maintain the policy after the engagement ends. Buying the limit alone can still leave you in breach.
What happens to my coverage if I close the business?
Nothing, unless you buy the tail. A claims made policy stops responding when it expires. An extended reporting period keeps the door open for one to six years, and it is far cheaper to arrange before cancellation than after.
Do I need E&O and cyber, or does one cover the other?
For technology companies they are usually combined and should be. For everyone else they respond to different events. E&O is about the work. Cyber is about the data and the systems.
Next step
Send us the submission
Loss runs, current declarations, and five minutes of context. You will hear back the same business day with what we can do and which markets we are approaching.