Capital Insurance Group: Peace of Mind with E&O Insurance

Professionals across a broad spectrum of industries are relied upon for their experience, expertise and ability to deliver. Whether you’re an attorney working on a company merger, an architect designing a home or an accountant managing your client’s wealth, there is a standard of care that must be met. Yet things still can go wrong, even for those firms with strong best practices in place. The result can be costly when allegations are made claiming financial damages due to an error, omission or negligence as a result of the professional services you provide.

That’s when Errors & Omissions (E&O) insurance steps in. Also known as Professional Liability, E&O coverage is designed to protect a company and its practitioners from devastating expenses as result of litigation, settlements and damage awards. Without E&O insurance, you could be looking at having to pay significant expenses on your own – even if the allegations made against you are meritless. You have attorney fees, forensic analysis, media relations, investigative expenses, and the costs of expert witnesses that can be devastating for any firm, especially smaller companies.

A Custom Policy Designed to Respond

At Capital Insurance Group, we’ll go over your firm’s exposures and advise you on how to mitigate your risks. We’ll also put together a tailored E&O insurance proposal that addresses your risk profile within the industry you serve. We’ll discuss enhancements and additional available features that can provide you further protection. This includes having legal fees covered outside of your total limits of liability, which leaves your full limits of insurance available to cover settlements or awards. Also, for some professionals, it’s important to insure activities that occurred prior to implementing a new insurance policy. If this is the case, we will discuss adding “prior acts coverage,” which can be written to cover the actions or professionals in firms you are acquiring while they were operating independently of your company.

Professions Covered

Errors and omissions insurance is available to professionals in many sectors, including the following

  • Law Firms
  • Accounting Practices
  • Architect & Engineers
  • Design/Build Contractors
  • Medical Practices
  • Healthcare Providers
  • Real Estate Firms
  • Technology Firms
  • Many Others

We’re your trusted partner.

Our 35-year history of providing superior services and professionalism has established us as a leading agency in Southeast Michigan. Our “Crain’s Detroit Business” listing of “top agencies” is testimony to our commitment to you. We also give back to the communities we serve, contributing 1% of our revenue to a number of local charities. Capital Insurance Group has the experience, expertise and passion to help protect you against the exposures you face individually and professionally. We provide a broad portfolio of personal, business, and employee benefits solutions and would like the opportunity to show you how we can make difference in the way you see insurance. Give us a call at (248) 333-2500 to discuss your specific needs.