PSA Perspective Blog | Contact Us | (800) 677-7887 |

Professional & Management Liability

Our goal is to ensure you and your business are properly protected. Accordingly, we will use our experience and knowledge to build the best professional liability insurance program for you.

Errors & Omissions Liability Insurance

Professionals face significant exposure from claims for losses or injuries to third parties arising from negligence in rendering their professional services. These claims are not addressed by your traditional General Liability Insurance. Our professional liability specialists work with doctors, attorneys, architects, engineers, accountants and other professionals, helping to ensure their practices are properly protected.

Directors & Officers Liability Insurance

If your organization has a board or you serve on a board as a director or officer, you need protection in an event of a lawsuit. Directors and Officers Liability Insurance is a specialized form of professional liability coverage for legal expenses and liability to shareholders, bondholders, creditors or others caused by actions or omissions of a director or officer of a corporation or nonprofit organization.

Employment Practices Liability Insurance (EPLI)

Employment-related claims, allegations of wrongful termination, discrimination, workplace harassment and retaliation arising out of employer-employee relationships are prevalent. Employment Practices Liability Insurance (EPLI) helps protect your company against claims from your employees that result from the general conduct of your business. An EPLI policy can protect your company against costs associated with the following: defending a lawsuit in court; judgments and settlements; and legal costs, whether your company wins or loses the suit.

Cyber Liability Insurance

Almost every company has some kind of network, database or online presence that can put the organization at risk for litigation. And most businesses are not aware that traditional general liability insurance policies do not cover exposures related to cyber liabilities. Cyber Liability Insurance is designed to protect businesses against liability and expenses arising from the theft or loss of data, as well as liability and expenses arising from a breach of data security or privacy. Cyber Liability Insurance is important for any organization that maintains a website, stores non-public client and/or employee information within a network, conducts business via the Internet or accepts payment online.

Fiduciary Liability Insurance

Fiduciary liabilities policies protect the individuals who administer employee benefits covered by Employee Retirement Income Security Act (ERISA), such as retirement plans and employee benefit programs. Even with participant-directed plans and the use of professional advisors, plan fiduciaries can be personally liable.

Areas of Risk Management

Recent Blog Posts

Mar
29th
The ACA Is Still the Law of the Land (Benefit Minute)

Republican efforts to repeal and replace parts of the Affordable Care Act (ACA) with the American Health Care Act (AHCA) stalled on March 24, 2017 when Speaker of the House Paul Ryan determined he did not have the support needed to pass the bill in the House of Representatives and withdrew it without a vote. […]

Mar
24th
Executive Leadership: It’s time to make cyber resiliency YOUR next priority

You’ve probably read about major cybersecurity failures of large organizations, such as Yahoo, Sony, LinkedIn, Target, the Democratic National Committee, and the list goes on. While they’re not always in the headlines, evidence shows that small and medium-sized organizations are increasingly becoming the targets of cyber criminals and malicious actors. According to the most recent […]

Mar
17th
Work-Life Balance is a Myth — Instead, Find Work-Life Bliss

The day author and speaker Deirdre Maloney was interviewed on TV about a blog she wrote, she couldn’t get past what she saw on the screen — and how she felt afterward.

Mar
1st
How to Electronically Distribute ERISA-Required Documents (Benefit Minute)

Distribution of ERISA-required documents is challenging for employers.  Hard copy distribution is inefficient, costly, not environmentally friendly and out-of-date in the digital age.  However, electronic distribution must be accomplished in a manner that complies with Department of Labor (DOL) requirements and results in actual receipt by plan participants.