Professional Liability & Errors & Omissions Insurance
Professional Liability Insurance, also known as Errors & Omissions (E&O) Insurance, helps protect professionals and businesses against claims arising from alleged errors, omissions, negligence, or failure to properly perform professional services.
Even highly experienced professionals can face allegations that their advice, services, or decisions caused a client financial loss. E&O insurance can help protect against the potentially significant costs associated with legal defense, settlements, and covered damages, subject to the terms of the policy.
Atlas Underwriters provides access to specialized Professional Liability and E&O Insurance solutions for a wide range of professions and industries, including individuals and businesses with complex or unique exposures.
The right professional liability coverage helps protect more than your finances—it helps safeguard your business, professional reputation, and ability to continue serving your clients with confidence.
Who Should Consider Professional Liability Insurance?
If clients rely on your professional advice, expertise, recommendations, or services, you may be exposed to claims alleging errors, negligence, or failure to deliver expected results. Professional Liability Insurance (E&O) helps protect your business, career, and financial interests from the costs associated with covered professional liability claims.
Professionals Who May Need Coverage
- Insurance Professionals
- Financial Professionals & Advisors
- Real Estate Professionals
- Attorneys & Legal Professionals
- Business & Management Consultants
- Accountants & Tax Professionals
- Technology & IT Consultants
- Marketing & Creative Professionals
- Architects & Design Professionals
Your expertise is valuable. Protect the career and business you’ve worked to build.
Request your quote today, complete our online application form.
Case Study: A $450,000 Professional Liability Claim
A financial advisor recommends a life insurance strategy to a high-net-worth client. When results fail to meet the client’s expectations, the advisor faces a $450,000 claim alleging negligence, misrepresentation, and failure to adequately explain the risks involved.
Even with proper documentation, defending a professional liability claim can be costly. Attorney fees, expert witnesses, legal expenses, and potential settlements can quickly create a significant financial burden.
With the appropriate Professional Liability (Errors & Omissions) Insurance, covered defense costs and damages may be insured, helping protect the advisor’s business and financial stability.
For financial advisors, insurance professionals, and consultants, E&O Insurance can provide essential protection against claims involving alleged errors, omissions, negligence, and professional advice.
Illustrative scenario only. Coverage for defense costs, settlements, and damages is subject to the specific terms, conditions, limits, and exclusions of the applicable policy.