Professional and Executive Liability Claims Services
Professional and executive liability claims and risk mitigation solutions from the industry leader in managing the cost of professional liability litigation.
At Gallagher Bassett, our professional liability clients include insurance companies and captives, MGUs/MGAs, self-insured individuals and organizations, and program managers across a wide spectrum of professional liability (aka Errors & Omissions or E&O) lines including, but not limited to:
- Architects
- Engineers
- Attorneys
- Home inspectors
- Title agents
- Realtors
- Financial advisors
- Insurance agents
- Private detectives and law enforcement
- Many other professions.
The law is continually developing, and claims asserted against professionals are more complex than ever. The proper handling of these claims requires in-depth understanding of the industry.
Our professional liability team is staffed with claims attorneys who have years of experience defending these exposures in courtrooms around the country and with claims executives who have handled thousands of professional liability claims and know the field intimately.
An early investigation of the facts, and a thorough evaluation of potential exposure are essential to designing a strategy to manage professional liability claims to the most appropriate, cost-optimal resolutions.
Gallagher Bassett applies a unique approach to each claim and provides clients with a specific game plan for the handling of each case. We understand the balance in protecting professional reputations, evaluating exposure, and managing outside counsel and litigation.
Today`s complex business environment makes executive teams ever more vulnerable to liability claims. Industry scrutiny from customers, regulators, investors, shareholders, employees, and other stakeholders leaves little room for error. Organizations of any size in the commercial sector, privately held or publicly traded, need to protect their balance sheets and their executives` personal assets from catastrophic losses.
Gallagher Bassett offers a wide array of Directors & Officers (D&O) claims solutions, including:
- D&O Liability, primary and excess
- Side A D&O, primary and excess
- Side A DIC D&O, primary and ex Organizations of any size in the commercial sector, privately held or publicly traded, need to protect their balance sheets and their executives` personal assets from catastrophic losses.
- Employment Practices Liability (EPL), primary and excess
- Fiduciary Liability, primary and excess
- Public Offering Securities Insurance (POSI), primary, excess, and Lead Side A DIC.
Typically, Crime/Fidelity insurance is purchased in conjunction with D&O insurance. We provide claim solutions for crime coverage for damages arising from:
- Social engineering
- Business email compromise
- CEO fraud
- Vendor/supplier fraud
- Funds transfer fraud
- Theft of clients` property
- Employee theft and employee fraud
- Credit card and check fraud.
Gallagher Bassett`s management liability team is comprised of tenured claims specialists and attorneys with extensive experience in achieving superior claim outcomes.
In private legal practice, members of our team have more than 20 years of experience defending directors and officers in various industries, in claims involving alleged fraudulent transfers, securities violations, and breach of contract. As claims professionals, our team has more than 20 years of experience handling D&O claims and claims under crime policies.