Professional Liability Insurance
E&O, D&O and EPL for publicly and privately held companies in the IT sector

Professional Liability insurance provides protection in the event your client holds you responsible for programming errors, software performance, or the failure of your work to perform as promised in your contract. Also called Technology Errors and Omissions insurance, this essential coverage includes legal defense costs - no matter how baseless the allegations. Technology Errors and Omissions insurance will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.

The risk of legal assessments caused by programming or service mistakes makes Technology Errors and Omissions insurance an absolute necessity in the IT sector. Even with IT work that seems less risky, there’s no outsmarting the consequences of a lawsuit. Practically any firm or individual that improperly performs services can cause a client to suffer economic loss. Read on how professional Technology Errors and Omissions Insurance will protect your business

Directors & Officers Liability provides coverage and protection for the directors and officers of fast growing private enterprises, IPOs, and public corporations in the event they are sued in conjunction with the performance of their duties as they relate to the company. Think of Directors & Officers Liability as a management Errors and Omissions policy.

The number of companies, and directors and officers sued in shareholder class actions has increased dramatically. New laws and federal scrutiny has significantly increased the accountability of officers and directors. Directors and Officers Liability coverage is not just a necessity - Directors and Officers Liability insurance is an asset to your company and essential when you have a board of directors.

Investors, especially Venture Capitalists, will usually require that you show evidence of Directors & Officers Liability insurance as part of the conditions of funding your company. Once you have a board of directors or venture capital funding, directors and officers liability insurance becomes a necessity

Employment Practices Liability Insurance is a relatively new form of liability insurance. It provides protection for an employer against claims made by employees, former employees, or potential employees. It covers discrimination (age, sex, race, disability, etc.), wrongful termination of employment, sexual harassment, and other employment-related allegations. Employment Practices Liability Insurance covers your firm, including its Directors and Officers.

Employment-related claims are increasing and represent a potential financial risk to your business.

Find out why you need Employment Practices Liability Insurance