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What are the exposures considered when underwriting E&O coverage?

April 26, 2017coverage exposures Underwriting

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What are the exposures considered when underwriting E&O coverage?

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Many factors are considered when underwriting E&O coverage. The first is the type of services offered by the company. Certain services are riskier and therefore can potentially cause greater damages than others. For example, the potential financial loss suffered when a web-hoster is down is far greater than that of a travel agent booking the wrong ticket.