E&O Insurance for Professional Services
Service providers in virtually any field are at risk of being sued. Without proper insurance coverage, attorney fees and other legal costs are an expense that the majority of businesses cannot afford to bear. To safeguard against these losses, Crum & Forster offers Miscellaneous Professional Liability Insurance (MPL).
Our MPL policy is designed specifically to address the errors and omissions (E&O) exposures and related risks that providers of professional services face in the course of doing business. Our extensive experience and our skill in tailoring coverage for our clients’ needs make us a key market for Professional Liability Insurance throughout the U.S.
To learn more, download our MPL product sheet or email [email protected].
Contact
Nick Economidis
Vice President
713-954-8114
[email protected]
Downloads
Miscellaneous Professional Liability
Executive Risk Overview
Solutions & Services
Executive Risk
Management Liability
Professional Liability
Cyber Insurance
Crime & Fidelity
Commercial Lines
Claim Services
MPL Insurance – Target Classes
We offer Professional Liability Insurance for a broad array of service providers, including:
- Administrative services / billing services / medical billing support services
- Advertising / marketing / public relations agencies
- Benefit plan consultants
- Claims adjusters and related services
- Forensic services / investigators / reverse engineers
- Franchisors
- Management consultants
- Monitoring services (non-emergency)
- Property managers
- Staffing services
- Third party administrators
- Trustees
Coverage is available for these professionals and more, and we also manuscript solutions. For details, see our MPL product sheet or email [email protected].
MPL Insurance – Policy Highlights
PRIMARY
- Non-cancelable, except for non-payment of premium
- Final adjudication wording
- Mediation deductible credit of 50%
- Personal injury coverage
- Bilateral extended reporting period (ERP)
- Worldwide coverage (claims brought in the U.S.)
- Claims-made and reported form
- Spouse and domestic partner coverage
- Duty to defend wording
- Punitive damages (where allowed) – most favorable venue
- Options for aggregate deductible, manuscript solutions for complex risks, multiyear extended reporting period and independent contractors
EXCESS
- Simple one-page, follow-form policy
CAPACITY
- $10,000,000 (Admitted) Primary or Excess
- Admitted and non-admitted policies available
- Minimum premium: $5,000
- Minimum deductible: $5,000
For additional information, see our MPL product sheet or email [email protected].
Management
Liability
We provide D&O Liability, Employment Practices Liability, Fiduciary Liability and other specialty products for commercial enterprises and financial institutions.
Professional
Liability
Our customized coverage solutions address the Errors & Omissions (E&O) risks that providers of professional services face in the course of doing business.
Cyber
Insurance
Our Simple Cyber policy offers coverage for first-party and third-party exposures, 24/7 access to Cyber Response services, and loss control resources.
Crime &
Fidelity
We offer Crime & Fidelity coverages to provide financial protection against losses due to employee dishonesty, theft, fraud, forgery and other exposures.