In a marketplace where professional liability exposures are growing in both frequency and severity, brokers are increasingly tasked with helping clients secure more than just baseline protection. For those navigating complex risks, SWG’s Errors & Omissions (E&O) Excess Coverage offers a strategic solution to extend liability limits and reinforce client confidence.
Why Excess E&O Coverage Matters
Standard E&O policies often cap out before the full financial impact of a claim is realized—especially in sectors like finance, tech, legal, and consulting. Excess coverage steps in after the primary policy is exhausted, providing an essential buffer against catastrophic losses.
For brokers, this is a key value-add: helping clients future-proof their risk management strategy while meeting contractual or regulatory insurance requirements.
SWG’s E&O Excess Coverage: What Brokers Should Know
SWG’s offering is designed with flexibility and breadth in mind, making it a strong fit for a wide range of professional clients.
Core Features
- Follow-form excess liability: Seamlessly mirrors the terms and conditions of the underlying E&O policy.
- Limits up to $10 million+, depending on the risk profile.
- Worldwide coverage, including U.S. exposures.
- No Self-Insured Retention on excess policies.
Ideal Clients for E&O Excess Coverage
Brokers should consider recommending SWG’s E&O excess solutions to clients who:
- Operate in high-liability sectors (e.g., financial services, legal, IT, healthcare)
- Handle sensitive data or provide critical advice
- Work with large contracts or enterprise clients
- Have international operations or U.S. exposure
- Are scaling rapidly or undergoing mergers and acquisitions activity
In an era of escalating liability risks, E&O excess coverage is no longer optional for many clients—it’s essential. By partnering with SWG, brokers can confidently offer scalable protection that evolves with their clients’ businesses.
*Insurance coverage availability may differ between provinces.
**Content is current as of the date of broadcast and is subject to change without notice.
