Misc Pro
Errors & omissions for a wide variety of small and medium-sized businesses

The business landscape is diverse and evolving. While major industries have established professional liability programs to support their areas of expertise, countless small and medium-size niche businesses may find themselves at risk without the right coverage.

ProFinity offers a full-service E&S professional liability solution for a wide variety of small and mid-size enterprise (SME) firms. Enjoy direct access to an experienced miscellaneous E&O underwriter who delivers same-day service.

Imagine these scenarios: 

• Your management consulting firm was hired by a chief operating officer (COO) to help overhaul the operations of a major health insurer. Your recommendations included restructuring back-office functions and significant investments in accounting and workforce-management solutions. Halfway through implementation, the COO and two other C-level executives were fired and you were told that all work should stop so the client could revisit the project.  Weeks later, your firm was sued by the client, alleging you underestimated restructuring costs by several million dollars and that the changes made to the back office have harmed the client’s ability to conduct business and resulted in lost revenue.
   
• Your executive search firm was hired to conduct a search to replace the retiring chief financial officer at a well-respected college.  After you identified and vetted candidates, the school conducted interviews and hired of one that was presented by your firm. Once the new CFO began, it became clear that her skillset did not match the background and experience presented to the school.  An investigation revealed false statements on the candidate’s CV. The school sued your firm, seeking compensation for the cost of the investigation and termination of the candidate, as well as extra expense incurred from alleged mistakes the candidate made while employed by the college.
   
• Your language translation firm was hired to translate English-language safety manuals for a client expanding globally. Months after the manuals were published, it was discovered that several did not meet local regulatory requirements, which resulted in penalties being assessed against your client. The client hired another firm to review all the materials and discovered that, in addition to the already identified mistakes, several manuals had been incorrectly translated in key areas. The client sued your firm for the regulatory penalties incurred, as well as the extra expense to correct the mistakes made and replace the manuals.

These examples illustrate real-life situations where you could be at risk without professional liability coverage. We are here to protect you in the event of a claim being brought against you and, providing coverage exists, will indemnify you for your professional errors.