Errors & Omissions Insurance

Errors & Omissions Insurance

When Things Go Pear-Shaped – and it’s your fault

If your work involves selling your knowledge, services and expertise to others, then Errors & Omissions Insurance is a must. It’s an essential piece of armor for anyone who could be sued for making a mistake.

In this everything-by-yesterday world, even the most respectable company can find itself in dispute with a client over an error, a delay or alleged breach of contract. 

Errors & Omissions Insurance (E&O Insurance) provides indemnity for losses you are legally liable for if you make a mistake or are negligent, or if your product or service is defective, inadequate or fails to perform.

What if...

Allegations are unexpectedly made against your business for:

  • Negligence or breach of duty of care
  • Negligent mis-statement & defamation – unwitting or intended comments
  • Infringement of intellectual property rights including copyright, performance and broadcasting rights
  • Breach of contract
  • Dishonesty of your partners, directors, employees or freelancers

Failure to defend your business adequately could cause irreparable reputational damage - not to mention the financial implications.

Errors & Omissions Insurance helps with:

  • Indemnification and Defense costs: legal expenses cover to defend your cause in a dispute
  • Rectification: the carrier may pay to rectify the problem to mitigate costs and avoid an expensive liability claim
  • Outstanding fees: If a dissatisfied client threatens legal action and defaults on fee payment, the policy can cover outstanding fees

We can help you review your contractual obligations to identify the extent of indemnities that your clients require.

Download: Science & Technology Brochure PDF Document

Prof_Indemnity_E_and_O_man_walking_tightrope_4.jpg

They are the best insurance company to deal with and our contacts there get 10 out of 10!

ICT

 

Ready to work with us?

You can call us to talk more about your business on +1 646 665 7737

What's Covered?

Monthly Payments
Cancel Anytime
Benchmark Us
Quote within 24 hrs

About La Playa Science & Technology

Specialist & Independent

Specialist & Independent

La Playa's specialist Science & Tech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language.  We’ll support you with great advice - helping you make good decisions for your business. 

Advice You Can Trust

…from an expert who understands you

Tech-based business is 24/7, global and borderless, always exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.

  • Specialist insurance for science and technology
  • Independent professional advice
  • Relationship-based service: right beside you when you make a claim
  • “Can do” culture
  • Seamless insurance across US and UK
     
Photo from Science & Technology
Elaine155.jpg

Elaine Lamb

DIRECTOR, LA PLAYA INTERNATIONAL (LONDON)

Direct Dial: 646 583 1574 or +44 (0) 20 3865 0149

Mobile: 646 665 7737

Email: elaine.lamb@laplayainsurance.com

Twitter: @EREDINGTON

+1 646 665 7737
+44 (0) 20 3865 0149
+44 (0) 1223 200650