CFC vs 
Marsh: How Do They Compare for Professional Liability (E&O) Insurance?
Marsh places professional liability for specialist sectors from banking to biotech, with attorneys, economists and actuaries assessing exposure. CFC sells E&O as a package policy with optional add-ons, with limits up to $10 million.
Banking, insurance, asset-management and legal firms fall within Marsh’s stated professional-liability industries, while CFC ordinarily declines insurance agents, financial advisors, lawyers and stockbrokers. 4,2
What Are the Key Differences Between CFC and Marsh Professional Liability (E&O) Insurance?
Privacy and Cyber Coverage
Marsh says many professional-liability policies it places also cover privacy violations and computer-security breaches in the same policy. 4 CFC offers cyber and privacy liability as an optional add-on to its Professional services policy. 2 Ask whether the coverage is included or added, and compare its limits and exclusions.
Claims Contact
CFC assigns claims to a named Claims Manager on a dedicated professions unit after a policy is in force. 3 Marsh describes attorneys, economists, actuaries and coverage specialists assessing client exposures, but its reviewed page does not identify a claims contact. 4 Ask Marsh who will handle your claim and whether that contact stays with you through resolution.
What Should You Confirm in CFC and Marsh Professional Liability (E&O) Insurance Quotes?
- Confirm whether CFC will accept your profession; its brochure lists several financial and legal roles as declined. 2
- Ask Marsh whether the specific policy includes privacy and computer-security coverage; its page says this applies to many policies, not all. 4
- Compare limits, retentions, exclusions and claims contacts in the actual policy documents. 4 1
- Request the issuing insurer for each quote; the reviewed pages do not name one. 4 1
CFC vs Marsh Professional Liability (E&O) Insurance Compared
CFC vs Marsh: Professional Liability (E&O) Insurance: documented features by provider
| Criteria | CFC Professional Services | Marsh Professional Liability Insurance Brokerage |
|---|---|---|
| Who It’s For | CFC says it favors business, educational, environmental, food, HR, market-research, quality-assurance, security and traffic consultants, event organisers, freight brokers, loss adjusters, private investigators and trade associations, and ordinarily declines debt collectors, financial advisors, health and safety consultants, insurance agents, lawyers, mortgage brokers, pre-purchase home inspectors, stockbrokers, tour operators and valuers. 2Company-reported. Brochure's "What we love" and "What we ordinarily decline" lists; actual acceptance depends on individual underwriting. | Marsh names specialized industries its professional liability experts serve, including banking and broker/dealers, insurance companies and asset managers, merchant banking and venture capital, accountants, attorneys, architects and engineers, media and entertainment, technology, and healthcare and biotechnology. 4Company-reported. Marsh professional liability page, What We Offer section. |
| Coverage Features | CFC says the E&O cover includes breach of contract, bodily injury, property damage, vicarious liability of subcontractors, IP infringement, pollution liability, libel, slander, defamation, document loss and withheld fees, with worldwide legal cover. 2Company-reported. Brochure's "Comprehensive errors & omissions cover" and "Comprehensive legal cover" sections; exact wording and exclusions are set by the policy as issued. Businesses can add a separate commercial general liability limit, property, and cyber and privacy liability to the E&O policy, plus optional umbrella liability that sits over the E&O and CGL layers. 2Company-reported. Brochure's "Modular package policy" and "Umbrella liability" sections; availability depends on underwriting. | Marsh says professional liability coverage can protect a company against liability and defense costs from a claim alleging an error, omission or negligence in performing professional services, and that many policies also cover privacy violations and computer security breaches. 4Company-reported. Marsh professional liability page opening description; illustrative policy description, not a specific policy form. |
| Role in This Line | CFC sells professional errors & omissions as a modular package policy it calls "Professional services" (branded on the brochure as "Miscellaneous professional liability"), which pairs E&O with optional general liability, property and cyber add-ons rather than selling E&O alone. 1,2Company-reported. Professional liability product page's "Professional services" tile and the miscellaneous professional liability brochure. | Marsh's financial and professional liability practice places professional liability (errors and omissions) insurance; MMA also places E&O coverage within its executive and professional liability practice for middle-market clients. 4,5Company-reported. Marsh professional liability page and MMA executive and professional liability page. |
