Simply put, Excess lines is a specialty market that insures things standard carriers won’t cover. The difficult or high-risk exposures in which carriers specialize may range from a mobile home or a day care center to a multinational oil company.
Errors and omissions insurance (E&O) is a type of professional liability insurance that protects companies and their workers or individuals against claims made by clients for inadequate work or negligent actions.
EPLI is insurance that gives companies coverage against employment-related lawsuits such as claims of harassment, wrongful termination, breach of contract, discrimination or other work-related issues.
Directors and officers (D&O) liability insurance is insurance coverage intended to protect individuals from personal losses if they are sued as a result of serving as a director or an officer of a business or other type of organization.
Crime insurance addresses the most common threats to organizations, including losses due to employee dishonesty, credit card forgery, computer fraud and theft, and the disappearance or destruction of property.
A Fidelity Insurance policy covers losses sustained by the employer as a result of an act of forgery, fraud or dishonesty from an employee. The loss can be of money or goods, for the duration of the policy.
No matter the size of your business, you and your employees need protection in case of a lawsuit. General liability insurance helps by protecting you from those things that can occur as part of doing business. You could have a claim for a slip and fall on a wet floor, be sued for libel or slander due to an advertising error, have a claim for injury resulting from use of your product, or you could even have damage to property you rent.
Your business interacts all day long with contractors, clients, vendors, and employees. Liability claims are a constant possibility, and when they occur, the outcome could be devastating to your business.
Skyscraper experts are knowledgeable risk managers and can work with you to secure tailored solutions for your unique needs. Contact us today so that, instead of worrying about risks, you can get back to growing your business.
