Professional Liability Insurance

AIG helps protect your company’s financial well-being with professional liability insurance designed to meet the unique exposures of professional service providers.

Why choose AIG for Professional Liability Insurance?

AIG brings 40+ years of experience to our professional liability solutions. Sometimes called “errors and omissions (E&O) insurance,” professional liability insurance is essential for service providers in today’s litigious environment. Businesses need help mitigating exposures arising from allegations of negligent acts, errors, and omissions. Even if a lawsuit is without merit, defense and reputation impact can be costly.  

We address unique risks with innovative, sustainable solutions and collaborate with our clients throughout the claims process. To meet evolving needs for consistent, seamless multinational programs, we operate a global network of 215+ countries and jurisdictions, offering a wide range of professional liability policies. 

The AIG Advantage

Decades of market leadership, historical claims data, and diverse experience in approximately 70 countries and jurisdictions provide our clients with cutting edge solutions.

Decades-Long Leadership

We bring 40+ years of experience to our solutions. To tailor these based on industries and risks, we apply insights from one of the largest, most varied claims portfolios in our industry. This helps our policy forms stay ahead of new and emerging exposures.

Creative Solutions

Our policies are designed to respond to covered losses based upon our clients’ unique risks, like complex media and technology. We provide seamless integration with AIG Financial Lines to meet professional and management liability needs.

Proven Claims Expertise

Veteran in-house AIG claims professionals work with third-party experts to collaborate with our clients and address claims timely. Through our extensive claims data, we help clients evaluate, understand, and mitigate losses.

  • Brings 40+ years of experience to craft tailored coverage solutions based on clients’ definitions, industries, and risks
  • Applies insights from one of the largest, most varied claims portfolios to help ensure policy forms stay ahead of new and emerging exposures
  • Meets clients’ evolving needs for consistent, seamless multinational programs through a global network of approximately 70 countries and jurisdictions 

  • Policies respond to covered losses based upon client’s unique risks, such as complex media and technology, through a broad range of entity-based professional liability coverages
  • Provides seamless integration with AIG Financial Lines to help meet clients’ professional and management liability needs 
  • Enables innovative coverages, such as public relations firm costs and optional income loss protection

  • Provides veteran in-house, dedicated claims professionals, along with third-party experts, to address claims with timely, unparalleled expertise
  • Utilizes 40+ years of claims data to help clients evaluate, understand, and mitigate losses 
  • Actively collaborates with clients throughout the claims process

Advantages in Action

Challenge

A client expanding its overseas operations sought professional liability coverage for its complex risks and proof of local coverage to satisfy contract requirements.

Solution

AIG delivered a multinational professional liability program to address the client’s unique overseas risks with proof of local coverage.

AIG Benefit

The client met its contractual requirements supported by AIG’s multinational capabilities while operating overseas.

Challenge

A software developer sought broad coverage for potential design defect, media, and other third-party liability claims.

Solution

AIG customized a blended media and technology professional services policy that addressed the company’s complex risks.

AIG Benefit

With proper coverages in place, the client moved forward with new product development.

Challenge

A client was sued for alleged contributory copyright infringement by a competitor who sought several million dollars in damages.

Solution

Understanding the client’s business and AIG’s professional liability claims trends, our experts resolved the claim through mediation.

AIG Benefit

The client’s claim was ultimately settled for less than $500K, substantially below the original demand.

AIG Professional Liability Solutions

Our customizable entity-based Errors and Omissions (E&O) policies offer coverage for public and private service providers, which may be subject to third party liability. Coverage is also available for public relations firm costs and optional income loss protection resulting from reputational damage. Bermuda-based excess coverage is available for all AIG E&O products.

Offers coverage for professional services providers in connection with claims alleging negligence in professional services rendered to others. Coverage can be customized for a particular company’s professional service(s).

Good for: Companies seeking to repond to claims for economic losses sustained by third parties as a result of alleged negligence.

Specialty Professional Liability Insurance Brochure (PDF)

Offers coverage for technology service providers in connection with claims alleging errors or omissions in their performance of technology services.

Good for: Companies seeking to respond to claims for economic losses sustained by third parties due to alleged negligence in their performance of technology services.

Technology Services Coverage Brochure (PDF)

Errors and Omissions coverage can be designed to address the unique exposures faced by robotics developers; also provides specialized robotics risk management services.

Good for: Companies developing industrial, manipulator, service, telepresence and other types of robots and seeking coverage for claims involving financial loss.

Robotics Services Coverage Brochure (PDF)

Offers coverage for a variety of risks, including trademark or copyright infringement, defamation, false light, false imprisonment, product disparagement, and infliction of emotional distress.

Good for: Companies seeking to respond to liability faced from developing or distributing media content.

Media Content Coverage Brochure (PDF)

Publishers and Broadcasters Insurance offers comprehensive coverage for publishing and broadcasting companies, from risks related to news reports to podcasts to content fed via wireless devices.

Good for: Publishers and broadcasters seeking to respond to claims against a wide range of liabilities.

Publishers and Broadcasters Coverage Brochure (PDF)

Offers liability coverage for covered financial loss due to negligent design or product manufacturing which (1) causes the property of others to become impaired or (2) prevents the manufacturer from fulfilling its contractual obligations.

Good for: Developers of component parts and parts designed or manufactured to be incorporated into the products of others. Examples include gears, sensors, filters, gaskets, flanges, fasteners, wiring, piping, containers, turbines, generators, and batteries.

Offers coverage for school entities and public entities in connection with covered claims arising from the services they provide, their management decisions and their employment practices.

Good for: Schools or public entities seeking coverage designed specifically to help protect the organization, its employees and its leaders or directors and officers from losses in connection with liability arising within the course of their duties.

Corporate Counsel Premier offers coverage for the spectrum of claims employed lawyers can face from shareholders, employees, regulators, clients, or other third parties.

Good for: Companies seeking to respond to claims alleging professional malpractice to help protect against losses to the personal assets of corporate counsel and the employer’s balance sheet.

Corporate Counsel Premier® Brochure (PDF)

AIG ReputationGuard® helps protect a company’s reputation and brand value by providing access to world-renowned public relation professionals. With ReputationGuard®, our policyholders are positioned to deploy preemptive and post-crisis communication in conjunction with expertise from our mitigation and response teams.

ReputationGuard® Brochure (PDF)

Specialty Risk Protector

With one policy and a single application process, the Specialty Risk Protector (SRP) policy form makes it easy to attain best-in-class coverage for a wide range of E&O exposures and cyber liability coverage.

Download the SRP application (PDF)

Learn more about the application (PDF)

Brokers: Meet Your AIG Team

View contact information for AIG’s national product and distribution teams.

Download More Information

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Professional Liability Highlight Sheet

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Professional Liability for Advertising Agencies

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Professional Liability for Manufacturers

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Professional Liability for Staffing Services

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Professional Liability for Testing and Training Providers

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Professional Liability for Trustees

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ReputationGuard with Income Loss Protection

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Technology E&O Claims Scenarios

What is Professional Liability Insurance?

Sometimes known as “errors and omissions (E&O) insurance,” professional liability insurance covers you if you make a mistake or are simply accused of making a mistake. Allegations of negligent acts, errors, and omissions can be costly – whether a lawsuit has merit or not. Today’s litigious environment makes it essential for service providers to protect themselves.

The scenarios described herein are offered only as examples. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy. Anyone interested in the above product(s) should request a copy of the standard form of policy for a description of the scope and limitations of coverage.

  • General Insurance

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  • How AIG meets the evolving needs of wholesale brokers

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