Professional liability insurance is also known as errors and omissions (E&O) coverage and protects individuals who render opinions and recommendations and otherwise advise clients in the course of their jobs. It can provide coverage for legal fees and judgments or settlements, as well as cover claims arising from past projects and issues like allegations of slander or libel.
Tom Bongi, senior vice president of underwriting, and head of architects & engineers and miscellaneous professional liability for Argo Pro, provides an in-depth look at this type of coverage and particularly the importance of its role as more individuals choose to launch their own consulting businesses. Argo Pro is a member of Argo Group International Holdings, Ltd., an underwriter of specialty insurance and reinsurance.
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Patricia L. Harman
Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
