When your clients purchase Professional Liability or Errors & Omissions (E&O) insurance, they are buying more than an insurance company’s promise to pay a claim should they suffer a loss. They are purchasing security and peace of mind.
At AP Specialty, we understand that your clients are looking to you for your expertise in securing the proper policy fit to protect them in the event of a claim of harm or injury arising from an alleged error or omission made during the course of providing professional services. With AP Specialty as your professional liability wholesale partner, we’ll assist you every step of the way with the information and knowledge that will aid you in providing the most comprehensive insurance coverage at a competitive price for your clients’ E&O needs.
Coverage Enhancements Available
The policies we offer are customized for the particular profession your client serves and then further tailored to his or her needs. Coverage is available to cover the costs incurred for settlements, damage awards and defense costs. We also offer Professional Liability policies that provide legal defense costs outside of liability limits, meaning attorney fees won’t cut into what’s available to pay settlements or damages. It’s even possible, depending on the policy, to get legal expenses paid for from the first dollar forward. What’s more, your client may be interested in covering work done prior to initiating a policy, which we can accommodate under Prior Acts coverage. We also have policies that are designed for professionals who are winding down their careers, such as physicians, and want coverage that will respond to a claim during their retirement.
We are actively involved in the placement of insurance for standard classes of E&O business including, but not limited, to:
AP Specialty has strong relationships with leading markets in these disciplines. In addition, we have policies available for a broad range of professions. Please review our list of eligible classes.
We can assist you in securing the right Professional Liability insurance for your clients. To find out more about our products and services, please give us a call at (310) 322-1301.