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.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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]
