As business litigation becomes increasingly common, you may be looking for more protection for your company. In this article, we discuss two types of commercial insurance to consider.

As commercial insurance advisors, Acrisure’s insurance professionals understand the risks businesses faces every day. To help protect your business and employees from the costs of expensive and time-consuming litigation, you may need additional insurance coverages designed for your business’s specific needs.

In today’s changing world, business litigation has unfortunately become common. The U.S. Chamber Institute for Legal Reform reported that litigation costs American small businesses over $105 billion per year. Learn about two ways to help protect your business here.

Added Protection for Your Bottom Line with Errors & Omissions Insurance

Errors are an unfortunate but sometimes common part of doing business. However, if you specialize in providing professional advice or other professional services, some errors could cost your business. For example, say you are a web design firm whose errors cause the launch date for a client’s new website to be delayed. The missed deadline could derail certain of your client’s marketing initiatives, which can then make you liable for damages caused to the client.

Understanding Errors & Omissions Insurance

Errors & omissions (or “E&O”) insurance, also referred to as professional liability insurance, can help provide protection against claims for damages caused by alleged acts, errors, or omissions committed while performing professional services, and from claims arising from failure to disclose information or alleged professional negligence.

What Does Errors & Omissions Insurance Cover?

E&O insurance can cover the costs arising from various service-based business liabilities, including:


Errors in services



Inaccurate advice

Court costs



E&O insurance policies have certain exclusions, and, among other things, do not cover the costs associated with criminal prosecution, illegal conduct, intentional acts of wrongdoing or criminal activity.

Who Needs E&O Insurance?

E&O insurance is critical for businesses that primarily provide services or give professional advice. Some examples of businesses that need E&O insurance include, but are not limited to, financial advisors, insurance brokers, law firms, accountants, realtors, non-profits, service providers, engineering firms and event planners.

Acrisure can help custom-tailor an E&O insurance policy that addresses your individualized business needs. Our insurance professionals can also help make personalized recommendations to help mitigate against potential liabilities stemming from errors or omissions commonly associated with organizations in your industry.

Peace of Mind for Your Leaders with Directors & Officers Insurance

You trust your directors and officers to do important work—but everyone has the potential to make a mistake. That’s why businesses with a corporate board, advisory committee or management team should consider obtaining directors and officers (“D&O”) insurance.

What Does Directors & Officers Insurance Cover?

Among other things, this liability insurance can help protect the personal assets of your directors and officers (even those that may be volunteering for a non-profit board) in the event they are personally sued for the decisions they make while managing or overseeing your organization.

Who Needs Directors & Officers Insurance?

D&O insurance is important for any business that has a corporate board, advisory committee, and management team, including non-profit organizations.

With our expertise in business insurance, we can gain an understanding of your business’s organizational structure and its goals for growth. Because most experienced leaders and managers will expect this level of protection, our brokers can help tailor D&O insurance coverage to help put their minds at ease, so they can focus on running and managing your business.


American Public Entity Programs, LLC are public sector insurance professionals specializing in the underwriting, risk management, and marketing for public entity risks. We are a strategic trading partner of Acrisure and have been designated as a double Acrisure Circle of Excellence wholesale broker. For more information, visit