Professional Liability Insurance

Madison Insurance Group

Madison Insurance Group offers Professional Liability Insurance to protect businesses and individuals from potential lawsuits and financial losses resulting from professional mistakes or negligence. Our policy covers expenses such as legal fees, court costs, and damages awarded to the claimant. With our comprehensive coverage, you can have peace of mind knowing that you are protected from the financial risks associated with claims of professional malpractice or errors.

E&O Insurance Coverage

Madison Insurance Group is committed to providing our clients with the best possible insurance solutions to protect their businesses. One type of coverage that is essential for many professionals is errors and omissions (E&O) professional liability insurance.

E&O insurance, also known as professional liability insurance, is designed to protect professionals from financial losses that may result from mistakes or omissions they make while providing services to their clients. This type of insurance provides coverage for claims made by clients who have suffered a financial loss as a result of the professional’s advice or services.

Professionals who are at risk of being sued by clients for errors or omissions include, but are not limited to, lawyers, accountants, architects, engineers, and consultants. Even the most skilled and experienced professionals can make mistakes or overlook important details, and E&O insurance can help protect them from the financial fallout of these errors.

Without E&O insurance coverage, professionals may be personally liable for any damages awarded to clients in a lawsuit. This can be financially devastating, and may even lead to bankruptcy for small businesses or independent contractors. By investing in E&O insurance coverage, professionals can have peace of mind knowing that they are protected from the financial risks associated with providing services to their clients.

Benefits of Protecting your Company with Professional Liability Insurance

There are many benefits to protecting your company with professional liability insurance. First and foremost, having this type of coverage can help you avoid the financial ruin that can result from a lawsuit. If a client or customer files a lawsuit against your business for negligence or errors in your professional services, the costs associated with defending yourself in court and paying any damages awarded can be astronomical. Professional liability insurance can help cover these costs, preventing your business from suffering a devastating financial loss.

In addition to providing financial protection, professional liability insurance can also help you maintain your professional reputation. If a lawsuit is filed against your business and you do not have adequate insurance coverage, it may be difficult to find new clients or customers in the future. On the other hand, having professional liability insurance can demonstrate to clients and customers that you take your work seriously and are willing to take responsibility for any mistakes that may occur.

Finally, professional liability insurance can give you peace of mind knowing that you are protected against the risks associated with providing professional services. Whether you are a small business owner or an independent contractor, having this type of insurance coverage can help you focus on your work without worrying about the potential legal and financial consequences of a mistake or oversight. Ultimately, investing in professional liability insurance is a smart decision for any business that provides professional services, and can help protect your livelihood for years to come.

Free Virtual Webinar

Contact Our Team

You Deserve More

Publicly-held companies, large private corporations,, and major universities have benefited for years using strategies not accessible to the small and mid-market business owners.

If you need any of the following:

The Complicated Made Easy

Business Interuption Coverage

Madison Insurance Group offers an already established insurance program allowing you to protect against catastrophic enterprise risk. Underwriting approved and actuarially priced, you can rest easy knowing the program is properly funded.

Enroll Automatically Into Client Services

After program enrollment, our team maintains close communication with you, keeping you updated with potential changes to the program, compliance updates, and other information pertaining to your account. You can rest easy knowing there is someone always here to help.

Investment Allocations To Bank Accounts

Premium linked to policies are ultimately allocated to bank accounts owned by the reinsurance company and invested for the benefit of claims funding. You can rest assured knowing that investment allocations are guided by leading international investment firms.

Recurring Management On Your Behalf

Our team is continuously monitoring and improving our third-party claims management processes, annual renewal pricing, legal compliance standards, and completing regulatory filings on your behalf. You can rest easy knowing that we do the work so you don’t have to.

Join Our Newsletter

Our Domicile of Choice: Puerto Rico

Our executive team has extensive experience working in various domiciles, both in the United States and abroad. Through our work, we have discovered Puerto Rico as an ideal domicile. Our program is grounded in the insurance code of the largest United States territory, offering an entrepreneurial-minded environment that benefits US corporations alike.

In general, each state or territory of the United States has its own laws and insurance regulations. Likewise, Puerto Rico, as a US territory, maintains its own department of insurance as well as the formidable international insurance center, established to promote Puerto Rico as an advantageous environment within the international insurance community at large.

The combination of pro-business policies, robust regulatory statutes, and all-around wonderful people to work with make Puerto Rico an ideal center Madison Insurance Group.

After all, we are not the only ones doing business in Puerto Rico—if they can, so can you.