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Consultants Preferred® for Growth Enterprises

With the potential for missed deadlines, mismanaged projects or even failure to accurately identify a client’s problem and provide an appropriate recommendation, consulting professionals can be exposed to a myriad of risks in the performance of their job.

Consultants Preferred® for Growth Enterprises addresses errors and omissions (E&O) exposures with broad coverage specifically designed for consulting professionals providing management consulting, marketing consulting, business consulting and technology consulting (up to 25% of insured's business).
Features and Benefits Back To Top
  • Includes our duty to defend a lawsuit, regardless if deemed groundless or fraudulent
  • Covers claims arising from technology services (up to 25% of the insureds’ business)
  • Provides worldwide coverage (except OFAC countries)
  • Covers personal injury claims of libel, slander and defamation
  • Includes CrisisFund® coverage that responds to crises, including public relations assistance available with no deductible
  • Ineligible classes are investment consultants or financial advisors, safety consultant and medical consultants
 
Claims Back To Top

To report a Consultants Preferred claim:

Mail: c-Claim for Financial Lines
        175 Water Street, 9th Floor
        New York, NY 10038

Fax: 866-227-1750

Claim Scenario:

A consultant was hired to write a database for a firm to track its customer base, with the expectation of future increased sales. Due to a software bug, the database never functioned properly leading to lost sales. The consultant settled for approximately $25,000 in damages.