Errors or omissions insurance (E&O), also referred to as professional indemnity insurance (PII), is a specific type of liability insurance designed to safeguard individuals and businesses that offer professional advice...
E&O Insurance Claims3 posts
Errors & Omissions (E&O) insurance is important for freight forwarders because they are responsible for coordinating the shipment of goods from one place to another, often across international borders.
E&O insurance is designed to cover the costs of legal defense, settlement, or judgment in case of a lawsuit or claim made against the policyholder due to an alleged error or omission in their professional work.
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