Professionals across all industries are expected to maintain high standards of knowledge, ethics, and service. However, mistakes happen—even among the most experienced professionals. Whether it’s a documentation oversight, a miscommunication, or improper employee training, these errors can lead to costly claims. That’s where the SBE Miscellaneous Errors and Omissions Insurance program from Professional Liability Insurance Services, Inc.® (PLIS, Inc.) comes in. This comprehensive E&O program is designed for a wide range of specialty businesses that need tailored protection against professional liability exposures.
Ideal Accounts and Appetite
This program is designed for over 240 professional categories, including consultants, instructors, inspectors, technology professionals, business service providers, and other specialized roles not easily classified under standard E&O programs. If you’re working with a unique professional risk that doesn’t fall into a typical mold, this program is structured to accommodate it.
Typical accounts may include:
- A marketing consultant who advises multiple clients on branding and messaging strategies
- A freelance instructional designer creating corporate training materials
- An IT auditor who provides cybersecurity assessments for small businesses
Coverage Highlights and Advantages
The SBE Miscellaneous E&O program offers robust coverage options to address both common and complex professional liability exposures. Key features include:
- Backed by Certain Underwriters at Lloyd’s (A.M. Best Rated “A”)
- Claims-made and reported policy form
- Pay-on-behalf policy with duty to defend
- Limits ranging from $100,000 to $5,000,000
- Optional prior acts coverage (subject to underwriting approval)
- Punitive and exemplary damages included where insurable
- Optional enhancements like Defense Outside the Limits, contingent BI/PD, personal injury sublimits, and electronic media coverage
- Aggregate deductibles and first-dollar disciplinary/subpoena defense options
- Premium financing and 20% commission payable
Underwriting Notes and Minimum Premiums
PLIS, Inc. offers flexible, in-house underwriting with a simplified 2-page application and supplemental forms as needed. Most classes do not require a minimum premium, making this program highly accessible for smaller or emerging businesses. Original documentation is not required, and turnaround time is typically 24–48 hours.
Territories and Availability
This non-admitted program is available in all 50 states, including D.C. Agents and brokers can access coverage for clients nationwide, with no state-level admitted restrictions.
Why Work With PLIS, Inc.?
PLIS, Inc. is a trusted program administrator with deep expertise in professional liability coverage. They partner with Specialty Risk Management® (SRM®) to offer insureds access to licensed risk managers through a confidential hotline. This added value service includes real-time consultation on client contracts, indemnification language, and risk mitigation strategies—support that may even impact deductible efficiency and future premiums.
With no voicemail during business hours, dedicated underwriters are available to assist you throughout the sales process, helping you find the right fit for your client’s needs quickly and efficiently.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for professionals in over 240 categories, including consultants, instructors, IT professionals, and other niche service providers who face potential E&O exposures.
Is there a minimum premium requirement?
There is no minimum premium on most classes, making the program accessible to smaller businesses and startups.
What kind of support is available during the underwriting process?
PLIS, Inc. provides in-house underwriters who are available without voicemail during business hours to help guide you through the submission and quoting process.
Are prior acts covered under this policy?
Yes, prior acts coverage is available for an additional premium and subject to underwriting approval, provided there is no prior knowledge or notice of a claim.
What carriers back this program?
The program is backed by Certain Underwriters at Lloyd’s, rated “A” by A.M. Best.
Need help placing an account? Connect with a market specialist.