professional LIABILITY (errors & omissions) e/o

Businesses face risks every day. Management and professional liability insurance is designed to protect you and your business against the potentially devastating costs of those exposures. Without adequate insurance protection, your clients, your reputation, your company and even your personal assets may be at risk.

Losses and lawsuits can come from any direction. You need a trusted advisor with the vision to help you anticipate those risks and determine the best coverage options for your business. Travelers can help protect businesses of all sizes with a full range of customizable management and professional liability insurance coverages.

Consider Management and Professional Liability insurance to cover the unique risks that your organization faces in the course of doing business. In addition to providing the peace of mind that your business is protected, proper coverage can also help give your business the tools and claim resources to respond to an incident. From employee-related issues to cyber risks, this suite of products can help companies get the coverage to compete in today’s marketplace.

Management and Professional Liability insurance refers to the suite of products that Travelers offers to help protect organizations from the risks of operating in the 21st century. Regardless of whether your company was at fault, these risks can come from customers, who perceive that you made a mistake that caused them financial loss or reputational harm, or from employees, who could claim that they were treated unfairly.

Management and Professional Liability insurance coverage from Travelers can help minimize the potential financial damage your business could incur when faced with such claims. Talk to your independent agent to learn more about your specific risks and which products may be right for your organization.

E&O insurance protects businesses and individuals against allegations of inadequate work or negligent actions.

CyberRisk insurance is designed to cover the costs associated with a cyber event or a security breach, including costs for forensic investigations, legal expenses and regulatory defense expenses and fines.

D&O Liability insurance helps cover defense costs, awards and settlements arising out of an actual or alleged wrongful act, including lawsuits brought against an organization’s board of directors and/or officers.

This liability insurance provides coverage for defense costs and damages related to employment-related claims including allegations of wrongful termination, discrimination, workplace harassment and retaliation.

This insurance typically covers payments to kidnappers or extortionists, loss of ransom in transit and other expenses incurred as a result of a kidnapping.

This coverage can help protect a nonprofit organization’s mission and vision when allegations of wrongful acts are brought against the organization and its directors and officers.