Errors and Omissions Insurance

Coverage Extension


Professional indemnity / Errors & Omissions insurance is no longer a necessity solely for professions such as law, IT Services, Accountancy and Engineering firms. Any professional service provider can be held liable for their actions and face costly legal expenses and damages. Claims can arise against you in a number of ways including but not limited to:

  • For negligence if you fail to exercise the standard of reasonable care for your profession (in common law)
  • For defamation
  • Under the misleading or deceptive conduct provisions
  • For breach of a contract to perform professional services.

The potential consequences of these claims are serious. At the very least your firm could incur legal costs to defend the claim. You could also be liable to pay compensation as well as the claimant’s costs and expenses.You need E&O insurance if you provide any professional service involving specialised knowledge or expertise. This includes:

  • Advice
  • Design
  • Consultancy
  • Opinion or
  • Analytical Services


Clients are increasingly aware of their rights to pursue a professional or specialist for damages if they hold you responsible for their loss. A simple error or omission is all it takes to trigger a claim and involve you and your firm in expensive and time-consuming litigation. This policy covers Legal Cost which can be:

  • Damages
  • Claimant’s costs and expenses
  • Legal defence costs

Covers claims against you resulting from the professional services you provide, includes:

  • Contractual liability
  • Breach of professional duty
  • Libel and slander
  • Infringement of intellectual property rights


  • Advancement of costs
  • Compensation for court attendance
  • Continuous cover
  • Employee dishonesty
  • Extended reporting period
  • Contractors and consultants
  • Joint venture liability
  • Lost documents
  • Territorial limits
  • Mitigation of loss