Professional Liability Insurance

Why choose Zurich for professional liability insurance?

Zurich’s Pro Plus Professional Liability Insurance, also called Errors & Omissions (E&O) Insurance, gives practitioners in technology, manufacturing and a variety of professional service industries the flexible, effective solutions they require. It also includes Security and Privacy (S&P) and a host of other cyber-related coverages that are crucial in today’s digitally focused business environment.

Our expansive offerings and deep knowledge can also help you explore different approaches to Professional Liability coverage through Captives and other alternative structures, such as Integrated Risk Programs and Structured Risk Programs for a diverse portfolio of often complex risks.

Flexible solutions

Pro Plus offers a comprehensive suite of coverages in one program. Our modular format lets customers choose the solutions they need to create a single, tailored policy.

Claims and underwriting advantage

Our Claims specialists include qualified, experienced attorneys who understand the unique challenges of professional liability issues and dedicated E&O underwriters who bring extensive knowledge and experience to support our customers.

Global reach

Zurich’s presence in more than 200+ countries and territories addresses exposures on a multinational basis and helps provide protection where you do business.

Professional Liability Solutions

Benefits of Professional Liability Insurance

Among the benefits available to Pro Plus customers:

Admitted insurance coverage for E&O available in most states
Duty to defend
Defense costs for privacy-related regulatory proceeding
Consumer-redress funds coverage following a privacy breach
Cyber security insurance considerations
- Ability to insure professional liability and security and privacy (S&P) exposures under a single limit
- Covered exposures include business income loss, system failure and social engineering
- Risk management solutions from experienced cyber risk specialists dedicated to helping protect your business from ever-evolving cyber threats

Additional Professional Liability enhancements available

Pro Plus enhanced endorsements can provide an even greater array of protections to qualified customers:

Alternative dispute-resolution incentives
Bodily injury/property damage (BI/PD) carve-back
Crisis management coverage
eDiscovery services
Pro rata cancellation

Retention-reduction options

Industries that typically need professional liability insurance

Companies within industries that provide professional advice, or products to clients such as:

Technology

Computer hardware
Software products and services
Technology service providers

Miscellaneous professionals

Third-party service providers

Manufacturing

Component manufacturers
Contract manufacturers

Want to learn more?

Connect with our Customer Inquiry Center for more information.

FAQs

Professional Liability Insurance is a form of insurance that protects specialized professionals from financial harm and reputational risks they might incur in the course of doing business. It is also called Errors & Omissions (E&O) Insurance by some industries.

A Professional Liability policy is designed to protect your business when errors or omissions are made or alleged and can include negligence, misrepresentation or inaccurate advice. Professional Liability Insurance is different from General Liability Insurance, which covers physical losses, such as injuries to people or damage to their property.

Professional Liability Insurance helps specialized professionals protect their businesses and reputation. High-profile industries often attract risks associated with the services they provide, making them vulnerable to lawsuits. The list is expansive and includes service providers, manufacturers and technology companies. Dissatisfied clients, whether justified or not, can sue you if they believe your mistake led to financial losses. Allegations of failure to provide professional services might include:

Missing a project deadline
Breach of contract
Professional negligence

You’ve worked too hard to see your business threatened by a lawsuit. Mounting a defense, even for an unwarranted lawsuit that you win, can wage a heavy financial and reputational toll. Professional Liability Insurance can help cover expenses associated with: