Errors Omissions News

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Errors & Omissions and An Agency’s Value Proposition

Mar 22 2021 // When you go to an errors and omissions (E&O) education program, inevitably, the message contains something like this: “Do not advise that you are a professional or a specialist or otherwise create higher...

E&O-Cyber Incidents Worsened in 2020: Aon

Mar 10 2021 // Aon’s first ever Errors & Omissions/cyber insurance product snapshot presents a pretty dire picture of worsening conditions. There were on average three new E&O cyber matters per business day in 2020, a...

Big I Advantage Promotes Juratovic to Assistant Vice President for E&O

Feb 22 2021 // The Big “I” announced that Amanda H. Juratovic has been promoted to assistant vice president of errors & omissions operations at Big I Advantage. Juratovic will lead the Big “I” Professional...

E&O Risks to Agents Extend to Cyber

Feb 22 2021 // Agents are bracing for errors and omissions (E&O) claims stemming from the pandemic when insureds discover they carry inadequate coverage or none at all. Regrettably, agents likely face a similar scenario in cyber...

CFC Enhances E&O Policy for Design, Construction Contractors

Feb 10 2021 // CFC has upgraded its errors and omissions policy for US-based design and construction contractors to include costs for steps taken by the contractor to mitigate against a potential claim where work was not rectified, and...

What the Recessionary Environment Means for E&O Exposures

Feb 8 2021 // 2020 was a year of disruption, change and challenges. Businesses were forced as never before to adapt in order to survive. With these changes, many businesses took on new exposures that potentially threaten their...

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