A recent study from The Hanover Insurance Group, Inc. found nearly half of professional service providers faced allegations of non-performance by customers in the last two years, underscoring the need for professional liability insurance, also known as errors and omissions insurance. The study, conducted in conjunction with Zogby Analytics, surveyed decision-makers at professional service firms,… Continue reading Hanover Study Confirms Importance of Errors and Omissions Insurance for Professional Service Providers
Tag: errors & omissions insurance
InsurTech Corvus Expands Offering with the Launch of Smart Tech E&O
Boston-based InsurTech, Corvus Insurance has expanded its product line with the launch of Smart Tech E&O, a data-enabled Tech E&O and Cyber Liability policy which helps both brokers and policyholders better predict and prevent risk. The product assists both brokers and policyholders through automated IT security analysis, industry benchmarking and ongoing monitoring, as well as… Continue reading InsurTech Corvus Expands Offering with the Launch of Smart Tech E&O
U.S. Risk Announces Acquisition of U.S. E&O Brokers
U.S. Risk, LLC, a top ten property and casualty wholesaler and MGA announced today that it has acquired U.S. E&O Brokers (“U.S. E&O”), a wholesale broker and MGA focused on delivering professional lines coverage for insurance agents. U.S. E&O is headquartered in Houston, Texas, with additional locations in Connecticut, Colorado and New Mexico. The U.S.… Continue reading U.S. Risk Announces Acquisition of U.S. E&O Brokers