Client Data Loss: E&O Insurance Safety Net

Client data loss can happen due to various reasons like cyber attacks, accidental deletion, or system failures. E&O Insurance acts as a safety net, covering costs associated with: – Notifying affected clients – Providing credit monitoring services – Legal fees and settlements – PR efforts to restore reputation It helps businesses manage the financial impact […]

What is E&O Insurance?

E&O Insurance protects businesses and professionals against claims made by clients for negligence, mistakes, or omissions in the services provided. Key Points: – Covers legal costs and compensation payouts – Safeguards business reputation and finances – Essential for professionals like consultants, advisors, and service providers Why Do You Need E&O Insurance? – Protects against financial […]