What Are the Key Differences Between Marsh McLennan Agency and Newfront Professional Liability (E&O) Insurance?
Professional line and technology E&O
Newfront lists E&O among the coverages placed by its Executive Risk team and distinguishes it from technology E&O placed through Cyber Risk. Its scope statement describes general professional E&O, not the technology line. MMA’s source names E&O and separate A&E and lawyers products. A software company should tell both teams whether the concern is a service error, technology failure or both, then compare the proposed forms. [4] [3]
Advocacy and policy access
Newfront says it provides integrated claims and coverage negotiation across the Executive Risk lines it places, including E&O; its source scopes that service to the practice generally. MMA’s source identifies its professional line categories. Compare the written claims-advocacy scope each team offers for the selected E&O placement. [4] [3]
