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Market Spotlight
September 28, 2022
 
 

Market Spotlight: Miscellaneous E&O

Financial and professional lines pricing rose 21% in the second quarter of 2022 - a decline from the first quarter increase of 28%. However, excluding cyber, financial and professional lines pricing decreased in the low-single digits in the second quarter, according to Marsh's Global Market Index Q2. That's good news for the many diverse classes of business often seen in the miscellaneous errors & omissions liability market. These professionals range from advertising agencies to event planners and graphic designers to social service professionals. There are thousands of classes of business that encompass the miscellaneous E&O market today, which provides an important coverage for individuals and businesses offering a service that relies on their professional skills and expertise. Miscellaneous E&O coverage can help protect professionals involved in a lawsuit by hiring defense lawyers, and if necessary, help pay a settlement.

Market Announcements

Prof. Liability E&O - Over 100 Classes

BTIS offers Professional Liability, or Errors & Omissions insurance, with a broad appetite for over 100 professions. This program features a fast, simple submission and binding process, along with competitive premiums and efficient servicing. We provide Professional Liability insurance through a wide range of carriers, including USLI, an A++ rated company.

States: All states

Offered by: BTIS (Builders & Tradesmen's Insurance Services, Inc.)

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Professional Liability from M.J. Hall

The 'MJ Hall' Professional Liability markets can respond with competitively priced products, broad and unique coverages and fast turnaround time. Classes we write include: Design/Build Firms, Accountants, Employment Agencies, Inspection Services, Insurance Agencies, Manufacturers , Medical Malpractice, Miscellaneous Professional, Specified Professional, Private Company Management, Real Estate, Tattoo Parlors, Tech & Cyber Risks.

States: Nationwide footprint with focus on AK, AZ, CA, HI, NV, OR, WA

Offered by: M.J. Hall and Company, Inc.

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Professional Liability - Errors and Omissions

Don't let other brokers spin your wheels. Professional liability? Call Michael McCluskey at Brooks Insurance. Over 80 markets available. 20+ years of experience wholesaling E&O and D&O. 615-400-5522.

States: All states

Offered by: Brooks Insurance Group

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Cover-Pro

Philadelphia Insurance Companies (PHLY) is committed to providing comprehensive Professional Liability coverage to a variety of professions including computer consultants, management consultants, career coaches, marketing consultants, interior designers, telecommunications consultants and many more. PHLY's policy addresses claims filed by clients resulting from negligent acts, errors or omissions and personal injury ...

States: 50 states

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Forum Discussions
 

Cargo for Livestock Transport

KY Cargo policy to cover Bison in transit .. Does anyone know?

by lindawood on Tue Sep 27, 2022

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Bicycle Event Insurance California

This is a family friendly Spooky Night Ride

by wetryharder on Thu Sep 22, 2022

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Excess Fire Coverage over California Fair Plan

Need a market to provide excess over the $3,000,000 Calif. fair plan and a DIC market that will write $3,000,000 cov. A limit

by allaireins on Tue Sep 20, 2022

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Nightclub Insurance

I have an account that really needs liquor liability and when i approach everyone it seems like the "sheep met the wolf" this account really is not that bad it is getting cancelled Becuase the insurance company is cancelling them due to non coop of his audit records that is performed by a third party auditing company and im sure they only get paid if they close there audits. which is jus...

by marinedaddy53 on Wed Sep 14, 2022

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Land lease liability

I need 2,000,000 / 4,000/000 Liabity

by wetryharder on Mon Sep 19, 2022

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