Koosh Insurance · Management Liability

    Professional Liability (E&O)

    Professional liability is what answers the lawsuit that starts with the words "you should have known." The contract you misread. The advice that turned out to be wrong. The deliverable that missed the spec. General liability covers the physical world — bodily injury and property damage. Professional liability covers the economic damage that flows from doing your actual job.

    See what's covered

    Coverage

    What this coverage includes

    • Defense costs for claims of negligence, errors, or omissions in your professional services
    • Settlements and judgments within policy limits
    • Coverage for breach of contract related to professional services in many forms
    • Disciplinary proceedings defense for licensed professionals
    • Defense provisions that vary by carrier — some pay defense outside the limit, while many E&O forms erode the limit with defense costs. We compare these structures at quote.
    • Prior-acts coverage tied to your retroactive date

    Who Buys This

    Who typically buys this coverage

    • Consultants and advisors of every type — management, IT, marketing, HR
    • Accountants, bookkeepers, and tax preparers
    • Real estate professionals and property managers
    • Insurance and financial advisors
    • Architects, engineers, and design professionals
    • Tech companies and SaaS providers (technology E&O)
    • Healthcare providers (medical malpractice is a specialized form of professional liability — typically written on dedicated malpractice policies rather than generic E&O)

    Why Koosh

    Why Koosh Insurance

    A $1M professional liability policy from one carrier can have meaningfully broader protection than a $1M policy from another. Definitions of "professional services" vary. Exclusions vary. Defense provisions vary. We read the forms. When the dispute happens, the policy you carry determines whether you fight it or fund it.

    Form comparison, not just premium comparison — we surface the differences before you bind.

    Specialty market access — technology E&O, healthcare malpractice, financial services E&O, real estate E&O all need specialty carriers we work with directly.

    Retroactive date discipline — we protect your prior-acts coverage on every renewal, the most common silent gap in E&O.

    Contract review at quote — we read the insurance requirements in your client contracts and size limits to match what's required.

    Claims advocacy — when a claim hits, we work with you and the carrier from notice through resolution.

    FAQ

    Frequently asked questions

    General liability covers bodily injury and property damage — the physical world. Professional liability covers economic damages from professional advice or services that turn out to be wrong. A consultant whose recommendation costs the client money has a professional liability claim, not a general liability claim.

    The earliest date the policy will respond to claims, even if reported during the current term. If your retroactive date moves forward when you switch carriers, you've created a coverage gap for prior work. We protect retroactive dates at every renewal.

    Yes. Liability limitations in contracts can be challenged, narrowed, or invalidated depending on jurisdiction and circumstance — and they typically don't cover defense costs even when they hold. You still need a policy that pays your legal bills.

    Only if your retroactive date predates the work. New policies often start with a retroactive date matching the inception date, leaving prior work uncovered. We push for full prior-acts coverage whenever the underwriting allows.

    Yes — frivolous professional liability claims still cost five figures or more to defend. Your insurer pays defense costs and assigns counsel, separate from any settlement.

    Most professional services contracts require $1M per claim and $1M aggregate as a minimum, though larger engagements and government work often demand $2M / $2M or higher. Send us the contract and we'll size it correctly.

    Related

    Related services

    Directors & Officers (D&O)

    Protection for executives and board members against management decisions.

    Employment Practices Liability (EPL)

    Wrongful termination, discrimination, harassment claims.

    Cyber Liability

    Cyber threats, data breaches, ransomware, and network security incidents.

    This page provides general information about Professional Liability (E&O) insurance and is not a substitute for tailored advice from a licensed insurance broker. Coverage availability, terms, exclusions, and pricing depend on your specific business operations, location, claims history, and carrier underwriting. Contact a Koosh Insurance broker for a personalized consultation. Koosh Insurance — License #L135215.

    Get a quote for Professional Liability (E&O)

    Talk to a licensed Koosh broker. We'll review your specific situation, source quotes from appropriate carriers, and walk you through the coverage that actually fits your business.

    (954) 309-3900
    service@koosh-ins.com
    4491 S State Rd 7, Suite 202, Davie, FL 33314