Professional Liability

As a Professional Liability specilist, Agentic wants to take this moment to point out that professional liability may come in different forms and names depending on the area of services being provided. For instance, malpractice insurance which typically is associated with doctors and lawyers is a commonly used term. Then you will hear, "E&O", which refers to errors and omissions which is the most often used phrase. Normally, professional can be tied to areas of practice such as architects and engineers, accountants, insurance agents and brokers and consultants to name a few.

The main reason for professional insurance is to protect individuals and entities from a lawsuit which could stem from a negligence claim made by a client and damages from such an action. The intention of these policies is to cover both the legal costs and possible damages. The focus of these type of contracts rests on the alleged failure to perform on the part of, financial loss caused by and the error and omission of the service or product being rendered.

There are certain situations where becuase of the insured's professional services they may need special coverage to be extended due to a contractual requirement. Because of these special needs, we have developed partnerships with carrier that are focused on professional liability specifically and understand the complex and intrinsic nature of these risks.

Our goal is to find solutions to whichever type of professional risk you may come across and the unique nature of their operations.

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