Errors & Omissions/Professional Liability


Financial Institutions, Insurance Solutions and Liability Coverage in Toronto, Mississauga, Ajax

Professionals and professional firms are constantly at risk of being sued over the services they perform.  Professional Liability Insurance protects organizations and individuals from claims arising from the delivery of professional services.  It protects against liability arising from the accusations of negligence or the failure to deliver the services expected of them.

Professional Liability/Errors & Omissions Liability is a necessity for today’s professional. Not only does it provide financial protection to the firm and its professionals and employees; the evidence of insurance can expand client opportunities and help make clients and prospective clients comfortable that your operations and risk management and loss control efforts have been vetted by a large and experienced third party.

Professional Liability Insurance may take on different forms and names depending on the profession.  These can include Professional Liability, Errors & Omissions Liability, Multimedia or Media Liability and Malpractice Liability.

Our team of experts will determine the coverage that fits your needs.
We work with several different industries:

  • Accounting
  • Actuaries
  • Associations
  • Technology
  • Communications
  • Media
  • Graphic Designers
  • Lawyers
  • Consultants
  • Financial Institutions (link to FI)
  • Fiduciaries
  • Medical
  • Nursing Placement Agencies
  • Chiropractic
  • Dental
  • Insurance Brokers
  • Investment Advisors
  • Mortgage Brokers
  • Architects
  • Engineers
  • Interior Designers
  • Landscapers and Land Surveyors
  • Market Researchers
  • Marketing
  • Publishers
  • Translators
  • Printers
  • Placement Agencies
  • Property Managers
  • Speech Language Pathologists and Audiologists
  • Directors and Officers (link to D&O)

Professional Liability Insurance is complex and there is no standard policy contract in the industry. Even if the insurance companies are regulated, their products are not.
Your coverage should be explained and negotiated by a truly independent insurance broker who possesses the following characteristics:

  • No ownership by or in any insurance company or insurance conglomerate,
  • No material debt or unique, undisclosed remuneration agreement with an insurance company,
  • No exclusive insurer based products or programs,
  • Dedicated to you and your company,
  • Experience with these products, markets, claims and board presentations,
  • Direct access to a large number of insurance companies,
  • Ability to help you identify coverage priorities,
  • Ability to deal with conflicts of interest inherent in D&O insurance coverage,
  • Willingness and ability to compare wordings and make recommendations based on your needs and priorities,

Well represented and well diversified, Mitchell Sandham has built strong relationships with all of the major insurance companies.  Our product expertise exists across all lines of insurance coverage and is continually strengthened.  Contact us to discuss your organizations Professional Liability exposures.

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