24 Nov 08

CFC turns PRO:

New errors and omissions policy for small businesses

CFC Underwriting announces today the worldwide launch of PRO, a modular E&O policy for small and medium sized professional businesses.

Particularly successful in Canada and Australia, PRO is now available for businesses in over 15 countries offering cover for not just E&O but pollution liability, intellectual property rights infringement, defamation and breach of contract as well. PRO is suitable for a wide range of businesses from management consultants and graphic designers to skateboard trainers and dog groomers. Architects and Engineers can also now benefit from a dedicated policy offering the same benefits as PRO.

PRO provides worldwide coverage. The wording has been written to provide relevant cover for a broad range of business activities and also recognises the increasing use of technology in all businesses, with an automatic extension for liability associated with a computer virus or hack attack.

Graeme Newman, CFC's Business Development Director, says: "PRO is designed to provide a sophisticated insurance solution for small and medium sized professional businesses. It offers a quick and easy buying process and a competitive price without compromising on cover; all the more important in these tough times. For brokers our streamlined processes make targeting micro businesses an attractive proposition."

Limits of liability are available up to £5,000,000 with premiums from £500.

CFC is committed to high levels of services with 90% of quotes provided within 48 hours, and a same day fast track service for urgent submissions.