A professional in any field can be sued for an actual or alleged error or omission. Their personal fortune is on the line when they are named in a professional liability lawsuit, and they may not have been responsible for the alleged mistake. In other words, an individual could not hide behind the corporate veil for an error or omission.
E&O claims do not tend to be frequent, but they can be severe. For this reason, professionals might not know they have the exposure. Having insurance to cover E&O can also be used for the professional’s marketing efforts.
AJ Wayne’s specialty is providing Errors and Omissions Coverage for various classes of professionals. The list of classes we have entertained is endless. We have more than 40 different potential markets that will consider Miscellaneous Professional Liability Insurance. Our facilities can do the following:
These are some “sample classes” we write under Miscellaneous Errors & Omissions (we can do many more classes than what is listed below):
AJ Wayne has served as an industry leader in the insurance brokerage community since 1989.