Errors and Omissionserrors and omissions insurance, EPL Insurance

Errors and Omissions insurance is a requirement if your goal is to protect your company from allegations against your company.  The cost of this critical coverage is small compared to the potential loss.

Employment Practices Liability Insurance (EPLI)

Most unfortunately for the owners of business in today’s market, the number of employment related lawsuits is definitely steadily increasing. Even if companies have good or even excellent Human Resources policies and procedures in place are often those that are sued. Even if the outcome of the suit is proof that your company has not have done anything wrong, the legal defense costs could be very expensive just the same. Claims against your company can be made from allegations by employees or non-employees and can include:

  • Age Discrimination

  • Disability Discrimination

  • Origin / Nationality Discrimination

  • Harassment

  • Retaliation


Directors & Officers (D&O) insurance and Errors & Omissions (E&O) insurance

Directors and officers of any organization whether it be a profit or a non-profit may be subject to lawsuits filed by investors or other parties who hold them specifically responsible for the management decisions of the company. As is the case with many claims, the legal defense costs alone can be very high even if the final outcome of the situation is that the lawsuit in question is dropped or if it is settled outside of court.

Directors & Officers (D&O) insurance works to limit the liability and protect the personal assets of each director or officer. Errors & Omissions (E&O) insurance is a different coverage from D&O insurance. E&O insurance covers the employees and company representatives as well as the company itself from unintentional errors committed or errors of omission.


Contact a trusted professional independent insurance consultant at Mallory-Tate Insurance Services, LLC. to further understand whether you need D&O or E&O insurance.