Should an analytics consultancy and a data product use the same E&O description?

Describe them separately. Consulting may involve advice and analysis; a hosted product may involve software, integrations, data, and service commitments. Ask which service definitions fit each activity.

Ask the insurer to map consulting deliverables and hosted product functions to the proposed service definitions; review the exclusions for each activity.2,4

Share sample statements of work, service commitments, and a product description so the application reflects the work.1

Read the Analytics Insurance Buying Guide

Spot, a product of Tools for Enlightenment, publishes this guide and works in the commercial insurance market. This is general buyer education. Policy wording and applicable state rules determine terms for a particular business.

Updated 2026-09-28. Editorial Policy

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