Professional Services / Errors and Omissions
Private practitioners and businesses offering professional services to their clients are required to adhere to ever more stringent regulations regarding their responsibilities and liabilities. This is why, at AFER Group Ltd., we design a range of Error & Omission Liability (E&O) contracts.
We have the solution !
To provide you with a suitable insurance solution
Your business may be held accountable for a customer's financial losses resulting from an error or omission, whether it's on your part or one of your employees'. E&O insurance offers coverage that extends beyond the limits of general liability insurance.
While you excel in your field, nobody is entirely immune to making an error, and consequently, the risk of a lawsuit exists. The AFER Group Ltd. has created innovative solutions to safeguard you from E&O liability.
With the emergence of new categories of information technology professionals, generalizing trends in errors and omissions insurance is increasingly challenging, making the benefits of this insurance more specialized.
In an era where blame is quickly assigned, and lawsuits are filed, professionals must take measures to safeguard themselves, their business, and their reputation from allegations of negligent acts. Errors and Omissions (E&O) insurance offers protection against these threats, whether they are well-founded or not.
What is it about ?
Professional liability insurance – general formula
Errors and omissions insurance, also referred to as professional liability insurance, lies at the core of an efficient risk management strategy for your business. We can assist you in pinpointing your distinct risks and devising a customized insurance program that is cost-effective while encompassing the appropriate types and levels of coverage.
Key Features and Benefits
The AFER Group Services are as follows:
- Trend analysis services
- Financial modeling
- We represent national and international insurers without geographical restrictions
- We can provide you with valuable insights on the appropriate coverage to secure, the necessary insurance amounts, reasonable premiums, and equitable deductibles.