Insurance News

Announcing the hiring of Jessica L. Thayer, Senior Vice President
Liftman Insurance is pleased to announce the hiring of a new senior vice president and account executive, Jessica L. Thayer.  Previously, Ms. Thayer was with Marsh & McLennan for...Read More
A Message from Mark Liftman, President of Liftman Insurance
As you are aware, the economic downturn in recent years has led to wide stock market fluctuations. In addition, new laws and regulations that govern the financial industry have become more complex...Read More
Understanding Insurance Companies' Financial Ratings
Now more than ever, your insurance carrier's financial rating should be a primary concern before purchasing any type of insurance. Of course, coverage, terms and premiums must be evaluated but if...Read More

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Directors & Officers/Errors & Omissions Liability Insurance

This insurance (also known as Mutual Fund D&O/E&O insurance) protects the mutual fund, its officers, directors and employees in the event they are sued by clients for any actual or alleged negligent act, error or omission committed in the scope of performing the services of a mutual fund. Coverage includes legal defense costs even where allegations are baseless.

Lawsuits can arise even if you have not violated any laws. And even if the court rules in your favor, the cost of defending yourself could be prohibitive. Errors and Omissions insurance protects your business against claims like those cited above and also covers your legal fees.

Click here to download an Application for Mutual Fund Directors & Officers/ Errors & Omissions Liability Insurance.

Click here to download Mutual Fund Directors & Officers/Errors & Omissions Liability Insurance Claim Scenario 1.

Click here to download Mutual Fund Directors & Officers/Errors & Omissions Liability Insurance Claim Scenario 2.

Click here to download Mutual Fund Directors & Officers/Errors & Omissions Liability Insurance Claim Scenario 3.