Errors & Omissions

Errors and Omissions

• Product details
  Product details

  Benefits & Services

  – Specialized underwriting and claims handling
  – High service standards, including standards for quote turnaround time, policy issuance and claims resolution
  
• Bermuda
  Bermuda

  Capacity

  – Up to USD 25 million

  Coverage

  – Excess follow form errors and omissions coverage
  – Focus on selected professions: lawyers, management consultants, managed care, insurance companies and other miscellaneous classes
  

  Client Profiles

  – Multinational and large national companies
  – Public and private companies
  

  Attachment Point

  Minimum USD 25 million

  Limits On Product

  USD 25 million
• North America
  North America

  Capacity

  Up to USD 25 million

  Coverage

  – Insurance companies
  – Insurance agents and brokers 
  – Real estate firms
  – Trustees (bankruptcy-related or other)
  

  Client Profiles

  – Public and large private companies, including Fortune 500, middle market and micro-caps
  – Financial institutions 
  – Private commercial companies with total assets greater than USD 100 million, revenues greater than USD 100 million and more than 1,000 employees
  

  Typical Information Required

  Completed application with requested attachments

  Attachment Point

  Primary and excess

  Limits On Product

  Up to USD 25 million
• Latin America
  Latin America

  Capacity

  Up to USD/GBP 15 million

  Coverage

  – Primary and excess follow form coverage
  – Focus on selected professions: lawyers, insurance brokers, accountants and other miscellaneous classes
  

  Typical Information Required

  – Structure of partnership (if relevant) 
  – Financial statements 
  – Description of professional services offered 
  – Loss history
  – Risk management information
  

  Limits On Product

  Up to USD/GBP 15 million
• Continental Europe
  Continental Europe

  Capacity

  Up to USD/GBP 15 million

  Coverage

  – Primary and excess follow form coverage
  – Focus on selected professions: lawyers, insurance brokers, accountants and other miscellaneous classes
  

  Typical Information Required

  – Structure of partnership (if relevant) 
  – Financial statements 
  – Description of professional services offered 
  – Loss history
  – Risk management information
  

  Limits On Product

  Up to USD/GBP 15 million

Industries

• Architects
• Engineers
• Alternative Energy
• Coal & Consumable Fuels
• Electricity
• Equipment, Services & Distribution
• Oil & Gas
• Water & Multi-utilities
• Banks
• Capital Markets
• Financial Services
• Insurance
• Real Estate
• Biotechnology
• Healthcare Providers & Services
• Healthcare Technology
• Life Science Tools & Services
• Medical Equipment & Supplies
• Pharmaceuticals
• Hardware & Equipment
• Internet
• Semiconductors & Equipment
• Software & Services
• Telecommunications
• Legal Services
• Accounting & Financial Administration
• Management Consulting
• HR & Employment
• Freight Forwarding
• Logistics

Disclaimer
This general product description is informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Products are subject to legal and underwriting requirements. Coverages may not be available in all jurisdictions, including without limitation any jurisdiction within the United States, and may be available only through appropriately licensed producers. In addition, XL GAPS’s provision of publications or services is not an indication of the existence or availability under any policy of coverage for any particular property or type of loss or damage. Policies underwritten from Bermuda are only available through non US-based brokers. The Insurance companies of XL Group plc are: Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company, XL Select Insurance Company, XL Insurance Company of New York Inc., XL Insurance (Bermuda) Ltd, XL Insurance Company Limited, XL Insurance Switzerland Ltd, XL Insurance (China) Company Limited, XL Insurance Argentina SA Compañia de Seguros and XL Insurance Mexico SA de CV. Coverages placed with Lloyd’s Syndicate #1209 are managed by XL London Market Ltd and supported by XL corporate members at Lloyd’s. Additional important information regarding our business is provided on our Legal Notices page.