Overview of the Program From McGowan, Donnelly & Oberheu
The McGowan Companies, through McGowan, Donnelly & Oberheu, LLC, offers a comprehensive Errors and Omissions (E&O) Professional Liability Insurance program designed for a wide range of professional service providers. As a trusted wholesale broker, we provide access to both primary and excess E&O coverage, tailored to mitigate the financial risks professionals face in the course of business. With access to multiple carriers and availability in most states, this program gives agents and brokers a flexible, nationwide solution for placing E&O risks.
Ideal Accounts and Appetite
This program is ideal for professionals who provide expert advice or services and are at risk of claims due to negligence, errors, or omissions. Eligible classes include but are not limited to:
- Actuaries
- Benefits Consultants
- Bookkeepers
- Business Brokers
- Claims Adjusters
- Collection Agents
- Credit Counselors
- Document Storage Services
- Employment Agencies
- Expert Witnesses
- Franchisors
- HR Consultants
- Management and Market Research Consultants
- Medical Billing Services
- Premium Finance Companies
- Safety Consultants
- Temporary Staffing Services
- Third Party Administrators
- Testing Laboratories
- Trustees
If you have clients operating in any of these fields, especially those with growing operations or specialized exposures, this program is built to support their coverage needs.
Coverage Highlights and Advantages
Our Errors and Omissions program provides professional and management liability coverage designed to protect businesses from claims of negligence, misrepresentation, violation of good faith, and inaccurate advice. Key features include:
- Access to both primary and excess coverages
- Flexible policy structures to accommodate various industries
- Coverage for defense costs, settlements, and judgments
- Customized underwriting for niche and hard-to-place risks
For example, if you're working with a medical billing company expanding into new markets or a management consultant serving high-value clients, this program can help safeguard against the unique exposures those professionals face.
Underwriting Notes and Minimum Premiums
Underwriting is tailored to the specific class of business. While minimum premiums vary by risk and carrier, we strive to provide competitive pricing for both small and mid-sized firms. Our underwriters are experienced in reviewing complex professional liability risks and can assist in structuring placement options that meet your client’s needs.
Territories and Availability
This program is available in most states, including but not limited to: CA, TX, FL, NY, IL, PA, OH, GA, NC, and many others. Coverage is offered on an admitted basis in most available states, depending on the class and carrier involved. We work with a variety of markets to ensure broad geographic and industry reach.
Why Work With The McGowan Companies?
The McGowan Companies is a trusted name in specialty insurance, and McGowan, Donnelly & Oberheu brings deep expertise in professional liability. Agents and brokers benefit from our market reach, responsive service, and ability to accommodate both standard and hard-to-place accounts. Whether you are placing a single policy or looking for a long-term solution for your professional clients, we offer the tools and support to help you succeed.
For more information on Errors and Omissions Professional Liability Insurance, please contact us!
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for professionals such as consultants, claims adjusters, staffing agencies, HR specialists, and medical billing services that face liability risks from the services they provide.
Is this E&O insurance available nationwide?
The program is available in most states, including all major markets. Availability may vary by class of business and carrier.
What coverage limits are offered?
Both primary and excess coverage limits are available. Limits can be tailored based on the client’s size, industry, and risk profile.
Can you help with hard-to-place risks?
Yes. We specialize in placing both standard and non-standard E&O risks and have access to multiple carriers to support complex or unique exposures.
How quickly can I get a quote?
Turnaround times vary depending on the complexity of the risk, but our underwriting team works efficiently to deliver quotes as promptly as possible.
Need help placing an account? Connect with a market specialist.