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About Us
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Professional liability insurance (PLI), more commonly known as errors and omissions (E&O) insurance protects professionals and companies that provide advice or service from bearing the full cost of defending against a negligence claim made by a client, including any damages awarded.
Basically, if you provided incorrect or incomplete advice to a client and they incurred a loss as a result, you could be sued. PLI covers the related costs — such as legal fees (including when the action turns out to be groundless), and settlement or awarded damages.
PLI may take on different forms and names depending on the profession, especially medical and legal, and is sometimes required by law and/or under contract by other businesses. Costs associated with criminal prosecution, as well as civil actions not included in the policy, are excluded from coverage.
Protect your business. We can help.
NFP is a leading insurance broker and consultant that provides specialized business and personal insurance, group benefits, retirement and individual solutions through our licensed subsidiaries and affiliates. Our expertise is matched by our commitment to each client's goals and is enhanced by our investments in innovative technologies in the insurance brokerage and consulting space.
NFP enables client success through global capabilities. Our expansive reach gives us access to highly rated insurers, vendors and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients' needs. We've become one of the largest insurance brokerage, consulting and wealth management firms by building enduring relationships with our clients and helping them realize their goals.
Visit us at Insurance for Work, Home and Life | NFP