Alliance Risk vs 
Pie Insurance Professional Liability (E&O) Insurance
Pie explicitly says its E&O policy doesn't protect against criminal prosecution; Alliance Risk's exclusions list names fraud and intentional wrongdoing instead.
What Is Alliance Risk?
Alliance Risk describes itself as an independent commercial insurance brokerage serving complex businesses, including technology startups. Its offering includes technology E&O placement and review of existing policies. 1,2
What Is Pie Insurance?
Pie Insurance sells and administers small-business commercial insurance, with affiliated carriers writing its workers’ compensation program and outside carrier partners supporting selected other products. Businesses can start a workers’ compensation quote online or use an agent, then manage documents, certificates, billing, audits and claim reporting through Pie’s service channels. 4,5,6
What Is Professional Errors and Omissions (E&O) Insurance?
Professional errors and omissions (E&O) insurance, also called professional liability insurance, addresses claims that professional services or advice caused a client financial loss. What's covered depends on the services actually scheduled in the policy, not the product label alone. 8,9,10,11
Key Differences in Professional Liability (E&O) Insurance
What Each Page Says Falls Outside the Policy
Pie's page states a specific limit on what the policy can do:
Pie describes errors and omissions insurance, also called professional liability insurance, as covering legal fees, costs, and damages for claims that a business's advice or services caused harm, including claims of inaccurate advice, misrepresentation, negligence, or violation of good faith, but says it does not protect against criminal prosecution. 7Company-reported. Errors and Omissions product page as read on 2026-09-23; the issued policy controls actual insuring agreements and exclusions.
Alliance Risk's exclusions list names different ground instead: bodily injury or property damage, intentional wrongdoing or fraud, employment disputes, cyber incidents and prior known claims. 3
Who Each One Names as a Buyer
Pie names attorneys among the professionals who often carry E&O insurance, alongside architects, contractors and engineers. Alliance Risk's list does not name attorneys, instead naming accountants and tax professionals, real estate and insurance agents, and financial planners. 7 3
Proof of Coverage Requirements
Pie notes that some states or clients require proof of E&O coverage before a professional can take on work. Alliance Risk's page makes no comparable statement about state or client mandates for its target professions. 7 3
What to Confirm in Professional Liability (E&O) Insurance Quotes
- Ask Pie which carrier partner would actually issue your policy, since its page names none specifically. 7
- Ask Alliance Risk the same question, since its page also names no carrier. 3
- Get actual limit and premium figures from both, since neither publishes them for this line. 7 3
- If a client or state requires proof of coverage, confirm the certificate format each company provides before you commit to work. 7
Offering Details
Alliance Risk vs Pie Insurance Professional Liability (E&O) Insurance: documented features by provider
| Criteria | Alliance Risk Professional Liability Insurance | Pie Errors and Omissions Insurance |
|---|---|---|
| Role in This Line | Alliance Risk places professional liability (errors and omissions, or E&O) coverage as a broker, saying it backs placements with risk-specific underwriting input and carrier partnerships rather than underwriting the policy itself. 3Company-reported. Professional liability product page. | Pie says it helps small businesses get the best errors and omissions coverage 'from our insurance carrier partners,' identifying itself as an intermediary rather than the underwriter for this line. 7Company-reported. Errors and Omissions product page as read on 2026-09-23. |
| Issuing Insurer | The reviewed professional liability page does not name the insurer that would issue a policy; it refers generally to 'strong carrier partnerships' without identifying a specific carrier. 3Not publicly disclosed. Professional liability product page as read on 2026-09-23. | The reviewed page refers only to 'our insurance carrier partners' and does not name a specific insurer for Pie's errors and omissions product. 7Not publicly disclosed. Errors and Omissions product page as read on 2026-09-23. |
| Who It’s For | Alliance Risk targets professional liability at consultants and advisory firms, accountants and tax professionals, architects and engineers, real estate and insurance agents and brokers, marketing and PR agencies, IT and technology consultants, healthcare providers, and financial planners and investment advisors. 3Company-reported. Professional liability product page; eligibility for a particular company depends on underwriting. | Pie names architects, contractors, attorneys, engineers, consultants, marketers, counselors, and real estate agents as professionals who often carry E&O insurance, and notes some states or clients require proof of coverage. 7Company-reported. Errors and Omissions product page as read on 2026-09-23; not an exhaustive eligibility list. |
| Coverage Features | Alliance Risk lists negligent acts or omissions, breach of contract, misrepresentation, and missed deadlines as typically covered, and says bodily injury or property damage, intentional wrongdoing or fraud, employment disputes, cyber incidents, and prior known claims are excluded and belong to other lines such as general liability, EPLI or cyber liability. 3Company-reported. Professional liability product page; coverage and exclusions described in general terms, subject to the policy as issued. | Pie describes errors and omissions insurance, also called professional liability insurance, as covering legal fees, costs, and damages for claims that a business's advice or services caused harm, including claims of inaccurate advice, misrepresentation, negligence, or violation of good faith, but says it does not protect against criminal prosecution. 7Company-reported. Errors and Omissions product page as read on 2026-09-23; the issued policy controls actual insuring agreements and exclusions. |
| Limits and Retentions | The reviewed professional liability page gives cost ranges by firm size (for example, solo practitioners at $500-$3,000 a year up to mid-sized to large firms at $10,000-$50,000-plus) but does not publish specific coverage limits, retentions or deductible amounts for this line. 3Not found in reviewed sources. Professional liability product page as read on 2026-09-23; cost figures are illustrative premium estimates, not published limits. | The reviewed page does not publish limits, deductibles, or premium ranges for errors and omissions coverage. 7Not publicly disclosed. Errors and Omissions product page as read on 2026-09-23. |
| Risk Services | Alliance Risk describes its approach to professional liability as including industry-specific risk reviews, claims-trend analysis, customized policy language, review of client contracts to limit personal exposure, and expertise structuring claims-made policies including tail coverage, prior acts and retroactive dates. 3Company-reported. Professional liability product page, Our Approach to Professional Liability and The Alliance Risk Difference sections. | Not described in the reviewed sources. |
| How to Apply | The professional liability page's only application route is a generic 'Get a quote' request; it does not list the specific submission information Alliance Risk asks for on this line, unlike its D&O, EPLI and fiduciary product pages. 3Not found in reviewed sources. Professional liability product page as read on 2026-09-23. | Pie directs errors and omissions buyers to contact the company to start a quote through its website. 7Company-reported. Errors and Omissions product page as read on 2026-09-23. |
| Claims Support | Alliance Risk says professional liability clients get access to a legal network and claims experts who understand the client's industry, providing a defense strategy if a claim arises. 3Company-reported. Professional liability product page, The Alliance Risk Difference section. | Not described in the reviewed sources. |
Full Comparison
More Alliance Risk vs Pie Insurance Comparisons
Other Professional Liability (E&O) Insurance Comparisons
Sources
Alliance Risk
- About Us. Alliance Risk; Our Story. Accessed 2026-09-16.
- Tech E&O Insurance. Alliance Risk; Opening placement description; Get Your Tech E&O Risk Review; What We Need for Your Quote; Policy Review. Accessed 2026-09-16.
- Professional Liability Insurance. Alliance Risk; Professional Liability Insurance That Safeguards Your Expertise; Our Approach to Professional Liability; The Alliance Risk Difference; What Is Professional Liability Insurance?; What Does/Doesn't Professional Liability Insurance Cover?; How Much Professional Liability Insurance Cost? Accessed 2026-09-23.
Pie Insurance
- Legal. Pie Insurance; State Licenses; footer disclosure naming producer and workers’ compensation versus third-party underwriting roles. Accessed 2026-09-15.
- Workers’ Comp Insurance For Small Businesses. Pie Insurance; Get a workers’ compensation quote online; insurance made for your small business; quote inputs; coverage description; quote-time and savings qualifications; AM Best link. Accessed 2026-09-16.
- Online Account Tutorial. Pie Insurance; Payment-method updates; instant and custom certificates; policy information; document access; agent-handled custom certificate qualification. Accessed 2026-09-15.
- Errors and Omissions Insurance. Pie Insurance; Errors and Omissions Insurance hero: also known as professional liability insurance...; professions that often carry E&O; What's typically covered by errors and omissions insurance? Inaccurate advice, Misrepresentation, Negligence, Violation of good faith; Make sure you're covered: Start now. Accessed 2026-09-23.
Professional Liability (E&O) Insurance Guide
- FAQ: Professional liability insurance. Texas Department of Insurance; What’s professional liability coverage?; What types of damages…; What’s general liability insurance?; Do I need professional liability… if I have general liability…?; Is professional liability insurance required?; Can a client require…?; What’s the difference between occurrence policies and claims-made policies. Accessed 2026-09-16.
- Professional liability insurance. Insurance Information Institute; Opening paragraphs (professional services/advice and E&O name); Claims not covered by general liability; What types of businesses need professional liability insurance?; What’s covered… and what’s not (claims-made versus occurrence, defense and judgments, non-financial/intentional limits, BOP/in-home exclusion). Accessed 2026-09-16.
- Get business insurance. U.S. Small Business Administration; Six common types of business insurance table. Accessed 2026-09-16.
- Professional Liability – US Direct Errors and Omissions Insurance. Hiscox Inc. specimen; About this Policy / Coverage for Claims Made Against You; I.A Insuring Agreement; I.B Defense; I.C Settlement; II.A Notice of Claims; II.C Optional Extended Reporting Period; III.A, III.K, III.M, III.R, III.S Exclusions; IV.A–B Limits and Deductible; VI.O Professional Services; VI.U Wrongful Act. Accessed 2026-09-16.
