Beazley vs 
Mylo: How Do They Compare for Professional Liability (E&O) Insurance?
Beazley sells E&O bundled with media and cyber in MediaTech; its sample application names Beazley Insurance Company, Inc., while Mylo compares quotes from multiple insurers for service businesses.
Mylo explains claims-made and occurrence E&O and compares quotes across insurers; Beazley offers E&O only in its claims-made MediaTech bundle. 4,3,2
What Are the Key Differences Between Beazley and Mylo Professional Liability (E&O) Insurance?
Choose a Claims-Made or Occurrence Form
Mylo explains both claims-made and occurrence E&O, including tail coverage after a claims-made policy ends. Beazley’s MediaTech form is claims-made-and-reported, with an Optional Extension Period rather than a choice of form. If you need occurrence coverage, ask Mylo which quotes offer it; Beazley’s sample form does not describe that option. 4 3
Compare Carriers or Buy MediaTech
Mylo compares quotes from multiple business insurers. Beazley sells E&O only in its MediaTech bundle with technology, media and cyber. Mylo gives you a broker comparison; Beazley offers its named combined product. 4 1
What Should You Confirm in Beazley and Mylo Professional Liability (E&O) Insurance Quotes?
- Ask Mylo whether the quotes include claims-made, occurrence or both, and what tail coverage costs. 4
- Ask Beazley for the price and duration of its Optional Extension Period. 3
- Request the carrier, policy form and claims contact for the actual Mylo quote. 4
- Confirm your profession fits MediaTech and check how its aggregate is shared across coverage lines. 3
Beazley vs Mylo Professional Liability (E&O) Insurance Compared
Beazley vs Mylo: Professional Liability (E&O) Insurance: documented features by provider
| Criteria | Beazley MediaTech for Small Businesses | Mylo Professional Liability Insurance |
|---|---|---|
| How to Apply | Beazley's MediaTech application asks applicants to describe the professional and technology services they perform, disclose employee count and multi-year US and non-US revenue, and state whether written client contracts include scope-of-work, damages-cap and consequential-damages-disclaimer provisions. 2Company-reported. Application form F00859, 042022 edition, General Information, Revenue Information and Contractual Controls sections; a completed application does not establish acceptance. | Mylo says it recommends coverage customized to the business and compares professional liability quotes from top-rated business insurance companies to find a combination of coverage and price. 4Company-reported. Product page "How will Mylo find me the right policy?" section. |
| Coverage Features | The sample MediaTech form covers a Tech & Professional Services Wrongful Act: a negligent act, error, omission, misstatement or unintentional breach of contract in rendering Professional Services, defined as services performed for others for a fee. 3Company-reported. Sample policy form F00731, 022019 edition, insuring agreements and definitions; the issued policy's wording and any endorsements control. The sample form's definition of Professional Services excludes services performed as an accountant, architect, surveyor, health care provider, lawyer, insurance or real estate agent or broker, or civil or structural engineer, so those licensed professions are not covered by this professional E&O trigger. 3Company-reported. Sample policy form F00731, 022019 edition, Professional Services definition; a business in one of these excluded professions would need different coverage even if it buys MediaTech. | Mylo describes the policy responding to breach-of-contract claims, bodily injury or property damage claims, financial-loss claims, and consequential-damages claims arising from a client relationship. 4Company-reported. Product page coverage descriptions; actual insuring agreements and exclusions are set by the issued policy. Mylo explains that professional liability comes in claims-made and occurrence forms, and that tail coverage can be added to a claims-made policy to extend reporting after it ends. 4Company-reported. Product page FAQ; which form and tail terms are offered depends on the placed carrier. |
| Role in This Line | Beazley sells professional errors and omissions coverage bundled inside MediaTech, a single small-business form that also includes technology E&O, media liability and cyber coverage. It is not sold as a standalone professional-liability policy for this segment. 1Company-reported. US small-business MediaTech product page; does not address any larger-account professional liability program Beazley may write separately. | Mylo brokers professional liability insurance by comparing quotes from multiple business insurance companies rather than underwriting the policy itself. 4Company-reported. Professional liability product page. |
