Errors & Omissions

Errors & Omissions (E&O) insurance also known as Professional Liability, provides coverage against claims of mistakes and/or negligence. Errors & Omissions insurance covers various types of potential exposures that are routinely excluded from most General Liability policies. Policies can cover legal costs and settlements in an event of a claim.
Errors & Omissions policies are designed to suit specific professional needs. These policies will contain provisions specific to the exposures of that industry. Novum Underwriting Partners specializes in the following:
Miscellaneous Errors & Omissions (E&O)
Overview
The most comprehensive of the E&O policies available, Miscellaneous E&O has a broad policy form. By design, these policies contain broad form endorsements to cover a multitude of professional services. With hundreds of eligible class codes, Novum will tailor an E&O policy to cover your insureds exposures.
Product Limits
$1,000,000 - $15,000,000
Stand-alone or Package
Carriers
AM Best "A" rated carriers
Admitted and Non-Admitted
Territories
Available in all states
Target Classes
Property Managers
Executive Search Firms
Staffing Firms
Consultants
Payroll Services
Tutors
Photographers
Paralegals
+ many more
Search any class
Technology Errors & Omissions (E&O)
Overview
Technology Errors & Omissions is specifically designed to suit the unique exposures businesses with technology-based services and technology products encounter. With the evolving marketplace of liabilities that technology companies face, Technology E&O is continually evolving to provide coverage against claims involving the E&O of software, hardware, and intellectual property claims.
Product Limits
$1,000,000+
Carriers
AM Best "A" rated carriers
Admitted and Non-Admitted
Highlights
Modular form covers E&O, Media, and Cyber
Broad professional liability policy
Coverage for invasion of privacy, defamation, and plagiarism
1st and 3rd party cyber coverage
E-crime
Loss Prevention and Risk Management Services
Target
Technology-based Companies
Territories
Available in all states
Lawyers Professional Errors & Omissions (E&O)
Overview
Lawyers Professional Liability insurance provides coverage against claims of negligence or mistakes that cause financial harm to another person or company. Examples of harm include, negligence, misrepresentation, violation of good faith and fair dealing and inaccurate advice. It covers both the obligation to pay damages for covered claims, as well as the cost to defend against such claims.
Target
3 to 150 Attorney Law Firms

Submit Errors & Omissions easily with Novum Online
Highlights
Unlimited Extended Reporting Period
Mutual Selection of Defense Available
Sublimit Supplemental Privacy Coverage for Crisis Management, Notification & Credit Monitoring, and Data Forensics Expenses
50/50 Consent to Settle Provision
Disciplinary Proceedings, Lost Earnings, and Subpoena Coverage
Coverage for Predecessor Firms, Independent Contractors, and Of Counsel
Educational Portal and up to 5 hours of free CLE for policy holders