• Marketing Kit – Errors & Omissions for Insurance Brokers 

    As trusted advisors to their clients on the issue of property and casualty risk management, insurance brokers face a range of their own liability exposures. ENCON’s Errors and Omissions (E&O) insurance protects insurance brokers against allegations of errors, omissions and negligent acts.


    • Licensed insurance agents and brokers

    Coverage Details

    • Policy Form – The insurance is written on a claims-made and reported basis with full coverage for prior acts
    • Policy Period – Annual and multi-year policies
    • Capacity – Limits up to $10,000,000 available with many attractive deductible options (higher limits also available upon request)
    • Territory – Services rendered and claims made anywhere in the world

    Policy Features

    • First dollar defence coverage (deductible does not apply to defence costs)
    • Split damages deductible
    • Defence costs are in excess of the limit
    • Loss of earnings coverage (up to $500 per day) for an insured when requested to attend discoveries, mediation and/or trial as part of the defence of a claim
    • Disciplinary matters coverage, subject to a sublimit of $25,000
    • Penal defence costs reimbursement, subject to a sublimit of $50,000
    • Outside directorship coverage (ODL) for non-profit organizations, subject to a sublimit of $500,000
    • Extended Reporting Period – 90 day basic (no charge) plus one year optional (max 50% of expiring annual premium)
    • Automatic confirmation of coverage to licensing bodies
    • Brokers deal directly with ENCON, affording two major advantages: the first, saving of the broker’s commission and, the second, confidential information is not revealed to competitors
    • Broad definition of insured
    • Broad definition of insured services
    • CGL insurance is available for E&O policyholders

    Additional Policy Feature for Small Firms

    Coverage is available for small firms with annual revenues of less than $2,000,000 that are claims free. Maximum limit of $2,000,000.

    • Zero dollar deductible

    Additional Coverages Available

    Submission Requirements