Non-Profits & Social Services

Professional Liability coverage is designed to protect professionals such as accountants, attorneys, real estate brokers, consultants, etc. from liability incurred as a result of errors and/or omissions in performing their professional services. Although there are a few exceptions such as physicians, architects, and engineers, most professional liability policies only cover economic or financial losses suffered by third parties, as opposed to bodily injury and property damage claims.

Workers’ Compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of their employment. While plans differ among states, provisions can be made for weekly payments in place of wages (functioning in this case as a form of disability insurance), compensation for economic loss (past and future), reimbursement or payment of medical and like expenses (functioning in this case as a form of health insurance), and benefits payable to the dependents of workers killed during employment (functioning in this case as a form of life insurance).

Directors & Officers liability Insurance (D&O), is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations & trials as well. Intentional illegal acts, however, are typically not covered under D&O policies.

The baseline for commercial insurance programs, a General Liability policy is issued to business organizations to protect them against liability claims for bodily injury and property damage arising out of premises, operations, products, and completed operations; and also offers protection for advertising and personal injury liability that businesses are exposed to in the normal course of their daily operations.