Professional Liability Insurance in Ottawa (E & O Insurance)
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With over 1 Million residents living in the greater Ottawa metropolitan area, Canada’s capital city continues to see new businesses popping up almost every day. As Canada’s most educated and technologically driven city, Ottawa businesses — and consumers — are now savvier than ever, meaning any serious professional needs to ensure they are properly protected with adequate professional liability insurance.
Whether you are a business owner, contractor, or consultant working in Ottawa, professional liability insurance can help minimize risk and protect you in the event of a claim of wrongdoing. Even if you’ve done nothing wrong, a simple accusation can set your business back with lofty legal fees — all of which are completely covered by professional liability (also known as Errors and Omissions) insurance.
Who Needs Professional Liability Insurance in Ottawa?
While many Ontario citizens think of Ottawa as being primarily a hub for government workers, the city is actually booming with businesses in a wide range of industries. Some of the most common professionals that need errors and omissions insurance in Ottawa include:
Nicknamed “Silicon Valley North”, Ottawa’s technology sector is exploding with innovative companies like Shopify and JDS. As the tech sector expands across the region, with it comes increased risk for IT professionals tasked with setting up systems and protecting data for clients.
With the tech boom underway in Ottawa, a need has grown for professionals with the new media skills to create engaging content and market innovative products. From copyright infringement to branding disagreements and everything in between, new media professionals take on significant risk when contracting for clients.
Across industries, managers take on the burden of leading teams and setting the standard for handling their clients’ assets and brands. When even a small amount of negligence is suspected — even by a team member — mangers can find themselves under the microscope.
Of course, as one of Canada’s largest cities, this is just a small sample of the large network of professionals who could be exposing themselves — and their businesses — to unnecessary risks.
Get a Free Quote and Get Covered Now
If you are working in Ottawa and have direct or indirect interactions with clients, you owe it to yourself to see if you are adequately protected. Don’t put yourself and your future in jeopardy; get your free E&O insurance quote today.