Executing E&O Claims

KMRD Are You Ready for One Minute From Normal?

At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready? Even the best managed professional services firms can potentially be accused of negligence by a client or vendor. After all, even conscientious, diligent staff members can make mistakes. As a result, it […]

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Anticipating E&O Claims

Stress

Anticipating E&O Claims/heading] Even the best managed professional services firms can potentially be accused of negligence by a client or vendor. After all, even conscientious, diligent staff members can make mistakes. As a result, it is imperative to choose an E&O policy that can protect your firm’s assets and reputation from potential financial ruin. When […]

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Does Your Company Need E&O Liability Coverage?

KMRD Are You Ready for One Minute From Normal?

“Learned professions” including legal, medical, engineering, accounting and financial services firms were formerly alone in being regarded as professional services firms. According to a number of courts, though, this term has been broadened to describe a wider and more diverse group including firms providing physical or manual services. These firms can include plumbers, roofers, exterminators, […]

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Errors with E&O – Part 4

KMRD Are You Ready for One Minute From Normal?

At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready? If human beings were perfect, there would be no need for Errors & Omissions coverage. Until we get perfection, we are fortunate it exists. Following the 2008 financial crisis, Robert Boatti joined […]

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Errors with E&O – Part 3

KMRD Are You Ready for One Minute From Normal?

The Holmdel Fabric Company, like Ford, Hewlett Packard and Apple, was launched in a garage. Through hard work and intelligence, the founder built the firm into an enterprise employing more than 100 workers. Holmdel held many patents, including one for a fabric which changed color with a person’s body temperature. An entrepreneur saw an opportunity […]

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Errors with E&O – Part 2

KMRD Are You Ready for One Minute From Normal?

If human beings were perfect, there would be no need for Errors & Omissions coverage. Until we get to the level of expertise suggested, we are fortunate it exists. An international investment management company hired Do It Right Software Solutions to build a Secure Client Space. In its Scope of Work, Do It Right listed […]

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Don’t make these E&O errors

KMRD Are You Ready for One Minute From Normal?

At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready? Insufficient or incorrect E&O coverage could financially ruin your firm one minute from normal. Following are a few “don’ts” regarding your E&O coverage following an incident: Don’t alter or make changes to […]

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