Errors & Omissions (E&O) insurance

Errors and omissions insurance covers the costs of claims made against you or your staff, often due to inadequate work or negligence. 

A strong defence is vital even when allegations are unfounded – your future prosperity depends on it. You will need to assemble an experienced legal team at considerable expense - and even then, you may be liable for damages or need to settle out of court.

How does E&O insurance protect companies?

Who needs E&O insurance? 

Any business providing a service needs Errors and Omissions cover. Just a few examples:

• Contractors
• Maintenance companies
• Mechanics
• Electricians 
• Plumbers 
• Graphic designers
• Beauty parlours
• Wedding planners 
• Printers 
• Real estate agents
• and many more. 

If you are providing advice for a living, or working in a regulated sector, we recommend professional indemnity insurance. If you are making or designing products, consider product liability as well. 

E&O is not as comprehensive as professional indemnity cover or directors and officers cover, but for many businesses and tradespeople, it offers cost-effective protection.  

Policy highlights

Defence costs

We cover the costs of making a legal defence

Claims and damages 

If a court orders you to pay damages, your insurance will pick up the tab

Negligence (actual or alleged)

Sometimes you will be at fault – sometimes claims will be frivolous. To protect your reputation, you need to be ready to defend both.   

Covers temporary workers 

Freelancers, contractors, temps. This policy covers people working for you, even if not in full time capacity. 

Libel and slander 

When you say something you shouldn’t…and later regret it.

Retroactive cover

We can cover work done previously to the policy period, subject to certain terms and conditions. 

Who is the cover with?

We use a variety of insurers on the open market, depending on the nature of the risk. We enjoy excellent relationships and access to many insurance markets with expertise in a broad range of industries.