Our Specialties
Errors and Omissions Insurance
Reduce Financial Risks with Errors and Omissions Insurance
Errors and Omissions insurance protects employees and employers from financial losses resulting from claims of negligence or inadequate work by clients. This insurance is important for businesses that provide professional services as clients may hold them liable for errors or mistakes. It helps to mitigate financial risks and maintain a business’s reputation in the industry by covering legal fees and settlements that may arise from such claims.
Questions we ask our clients:
- Are you or your business giving professional advice to customers as a consultant or expert in your industry? Could this advice cause a financial loss to the customer?
- Are you a contractor and missing a deadline could result in legal action?
If you answered yes to any of the above questions, errors and omissions insurance may be for your business.
Also, if you fall into any of the below categories:
You are a service-based business
To protect your clients
To preserve your assets
What We Cover
Industries Suited For Errors and Omissions Insurance
- IT/Technology Professionals
- Accounting
- Health/Beauty Services
- Marketing
- Contractors
- Architects & Engineers
- Real Estate Agents
- Consulting
- Insurance Agents/Brokers
What We Achieve
By having the best brokers, the broadest market access, and the best service are instrumental today in the wholesale business. To excel, a wholesaler must do more. That’s why Praxis Insurance is investing in being different and better – We place you first!