Companies who provide professional and technology services, or are non-proﬁt organizations, face exposure to lawsuits for ﬁnancial loss experienced by their customers.
These claims are generally for negligent acts that occurred when services were provided. Additionally, defense costs incurred by the insured to defend themselves, and/or the company, are also covered under this insurance. E&O insurance is the core of an effective risk and liability management strategy. Our professionals at ISU Insurance Services-Cormac Tasman can help you identify your company’s speciﬁc exposures and structure a cost-effective insurance solution which will include the appropriate type and limits of E&O insurance.
In an ever-growing litigious environment, it is critical that your company’s Officers and Board of Directors are not personally liable for crippling law suits. Without the right D&O Insurance for these top executives, it will be difficult for recruit and retain top talent. D&O provides your executives personal liability and ﬁnancial loss protection from wrongful acts committed- or allegedly committed- in their capacity as your corporate officers.
Employees today are savvy about the company’s responsibilities; and, it is not uncommon for a company of any size to experience a claim from an employee based on sexual harassment, age discrimination or wrongful termination. The damage from one of these lawsuits can even close your company down. EPLI covers the damages and legal defense costs for these type
Cormarc Insurance Services can assist with any questions you might have in regarding these coverages, some of these coverages can be simple endorsement add-ons to a current Business Policy.