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E&O insurance protects professionals from claims alleging errors, omissions, or negligence in their services. Also called professional liability insurance or professional indemnity insurance.
Professional Indemnity Insurance (PI insurance) covers claims arising from providing professional services, including allegations of negligence, errors, omissions, or breaches of professional duty, that result in financial loss to a client or third party.
Run-off insurance refers to the coverage arrangement used when an insured has ceased operations or stopped providing professional services but remains exposed to claims arising from past acts.
Understand the difference between admitted and non-admitted insurance, how they work across borders, and what they mean for policyholders, brokers, and global programs. Includes real-world examples and practical insights.
Employment Practices Liability Insurance (EPLI) policies are complex contracts with varying coverage terms, exclusions, and conditions. Unlike general liability insurance, EPLI is a named-perils policy, meaning it covers only the ...
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