Insurance For Actuaries
Macario Insurance Group can provide actuaries with a variety of types of business insurance solutions such as errors and omissions insurance, professional liability insurance, and general liability insurance in various states, including Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington and Wisconsin.
Professional Liability – Errors and Omissions – Malpractice Insurance
Actuarial professional liability insurance, which is also commonly referred to as actuarial errors and omissions (E&O) and actuarial malpractice insurance, is in most cases the most important form of commercial insurance that an actuary can carry. Professional liability insurance for actuaries is designed to protect an actuary in the event that they are accused by a client of making an error or mistake in their work.
General Liability Insurance
Actuarial general liability insurance is most commonly purchased by actuaries who own or lease an office space, in order to protect themselves against lawsuits from clients or other third parties arising from incidents such as slipping and falling on a wet floor, etc. Often times landlords and lenders will require that general liability insurance be purchased as part of a lease agreement or business loan contract.
Many actuaries have needs for other types of business insurance such as cyber liability insurance, workers comp, and more. To find out more about which types of business insurance that your business needs, contact us today.