Insights Association (IA) Insurance Program
In partnership with Insights Association (IA), this customized policy provides the most comprehensive and affordable professional liability insurance coverage to IA company members.
Areas of Interest
Member-Exclusive, IA-Endorsed
As a company member of Insights Association, you are in the business of intelligence. You analyze and interpret a wide array of data to provide clients with expert advice and up-to-date market knowledge. In an unpredictable and highly litigious business climate, offering such intelligence can expose your business to a high level of risk. That’s why having professional liability insurance is so critical.
Customized Coverage for Market Researchers & Consultants
The Insights Association Professional Liability Insurance Program protects you against claims-related errors, omissions, and/or negligence arising from your professional services. This comprehensive solution commonly known as errors and omissions liability insurance (E&O) covers defense costs and settlements and provides a valuable layer of additional coverage.
About the Insurance Carrier - Lloyd’s of London
The IA Insurance Plan is underwritten by Lloyd's of London, an A.M. Best, A+ rated insurer. Lloyd’s of London has a history dating back more than 300 years, and has grown to be the world’s leader for specialty insurance.
Policy Overview and Benefits
Available Policy Limits:
- $1,000,000 per claim / $1,000,000 annual aggregate
- $2,000,000 per claim / $2,000,000 annual aggregate
- $3,000,000 per claim / $3,000,000 annual aggregate*
- $4,000,000 per claim / $4,000,000 annual aggregate*
- $5,000,000 per claim / $5,000,000 annual aggregate*
*Limits higher than $2,000,000 are subject to additional underwriter review and approval
Deductible:
- $5,000 per claim, with multiple deductible options available
Policy Type:
- Claims Made
Policy Coverage:
- Professional Liability (E&O)
- Coverage for Contingent Bodily Injury and Property damages resulting from your professional services
Cyber Liability and Computer Network Security Sub-Limit:
- $100,000 standard to all policies, with options up to $2,000,000
Other Policy Benefits:
- Broad definition of professional services including the ability to expand the definition per your specific services that are offered
- Crisis management expense
- Personal injury liability
- Coverage for HIPAA/HITECH breaches
- Coverage for independent contractors
- Defense cost included in the policy limits
- Worldwide coverage (subject to policy terms and conditions) - as long as the suit is brought in the United States
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*Please note, this is only a partial, general description of the policy benefits and does not constitute a contract. Policy coverage and benefits are subject to the terms, conditions, and exclusions contained in the policy. The policy will govern if any conflict exists between these highlights and the policy. For complete provisions and exclusions, please refer to the policy itself.
Stand-Alone Cyber Liability Insurance
Alliant is pleased to offer a stand-alone cyber liability policy through Corvus. We have this option for contracts that require higher limits and broader coverage beyond what we can offer inside the program.
Corvus is actively helping our policyholders predict and prevent adverse events, as well as supplying the coverage that helps them withstand events when they do happen. The Corvus team has decades of experience in commercial insurance and decades more building and growing technology-enabled companies.
Available Policy Limits:
- Up to $5,000,000 – subject to underwriter
Policy Type:
- Claims Made
Policy Coverage:
- Cyber Liability Insurance
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To apply for the Alliant stand-alone cyber insurance policy with Corvus, please follow the instructions below.
Corvus Smart Cyber Application
Corvus Ransomware Supplemental Application
Directions:
- Download and Save the PDF Applications Above
- Complete the Application Entirely
- Submit the Application to IA-questions@alliant.comÌý
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*Please note, this is only a partial, general description of the policy benefits and does not constitute a contract. Policy coverage and benefits are subject to the terms, conditions, and exclusions contained in the policy. The policy will govern if any conflict exists between these highlights and the policy. For complete provisions and exclusions, please refer to the policy itself.
Each party should be willing to be responsible for losses and claims to the extent that they are caused by that party’s negligence. We offer the following as a contractual provision that addresses this issue:
To the fullest extent permitted by law, Client and Consultant each agree to indemnify the other party and the other party’s officers, directors, partners, employees, and representatives, from and against losses, damages, and judgments arising from claims by third parties, including reasonable attorneys’ fees and expenses recoverable under applicable law, but only to the extent they are found to be caused by a negligent act, error, or omission of the indemnifying party or any of the indemnifying party’s officers, directors, members, partners, agents, employees, or sub consultants in the performance of services under this agreement.
If claims, losses, damages, and judgments are found to be caused by the joint or concurrent negligence of Client and Consultant, they shall be borne by each party in proportion to its negligence.
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Apply For Coverage Today!
We make the process of finding the right Professional Liability Insurance coverage as quick and easy as possible. Please download, complete, and submit the IA Professional Liability Insurance application for a quote to ia-questions@alliant.com.
IA Insurance Frequently Asked Questions
Answers to frequently asked questions to help you understand the IA Insurance Policy.
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