Protecting Your Employees And Your Bottom Line
It is essential for large corporations to purchase errors and omissions (E&O) or directors and officers (D&O) insurance coverage. These policies protect your company in case an employee in a position of power makes an error, oversight of act of negligence that could cost tens of thousands to several million dollars in a lawsuit.
At Hiltgen & Brewer, P.C., we represent clients that have errors and omissions or directors and officers coverage and defend those individuals and their corporations. Our senior partners share more than 50 years of combined experience resolving issues related to insurance coverage and liability. From our Oklahoma City offices, we represent clients nationwide.
Advising You With All Issues Related To E&O And D&O
Companies purchase errors and omissions and directors and officers insurance to protect the personal assets of their board of directors and other professional employees. Without liability insurance, many corporations would have difficulty attracting top talent because of the fear of being sued and the substantial risk to personal assets. Two common forms of liability insurance include:
- Errors and omissions insurance:
Knowledgeable, experienced professionals are still capable of making an inadvertent error or omission when advising their clients. Or, a business professional may have acted satisfactorily but still faces a frivolous claim from an unhappy client. In either case, their employer’s errors and omissions insurance policy can protect the company from losses resulting from a dispute. While E&O insurance covers good-faith mistakes, it does not cover criminal activity.
- Directors and officers insurance:
As high-profile individuals, directors and officers may face lawsuits against them directly. These lawsuits usually pertain to their management of a company; for example, mismanagement, lack of governance or failure to follow company bylaws. If the business they work for has D&O coverage, the policy will cover the costs related to the dispute, including litigation. Directors and officers insurance policies also do not cover unlawful acts.
We defend corporate clients in a variety of insurance-related concerns, including coverage disputes and insurance bad faith claims. Our attorneys are prepared to protect your interests through any means necessary — negotiation, mediation or litigation.
Discuss Our Insurance Defense Services Today
When you need effective and efficient representation, get in touch with Hiltgen & Brewer, P.C. For further information about our experience and results in errors and omissions defense call at lawyer at 405-605-9000 or contact us online to schedule a consultation.