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E&O Insurance Program
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Receive quality coverage and discounts on errors & omissions (E&O) insurance

Click here for online quick quote! 

One size definitely does not fit all when it comes to Errors & Omissions (E&O) insurance. As a TPA, you have distinct requirements for E&O coverage, as the risks and exposures your company faces are very specific to businesses dealing with financial transactions.

In partnership with Heffernan Professional Practice Insurance Brokers (PPIB), NIPA members qualify for a 5% annual credit on your premium when you purchase E&O through the NIPA program. If your E&O insurance is $12,000 per year, your 5% credit back will be $600. This benefit alone will pay for your annual membership as a NIPA Business Owner.

"As a NIPA member, my firm saved 40% from utilizing the E&O insurance program offered by Heffernan. The Heffernan staff was helpful in creating one comprehensive policy that covers all of my businesses versus the two I had with a competitor." –Theresa Conti, President, Sunwest Pensions

NIPA members receive a discount on this quality coverage, underwritten by Hanover, an A.M. Best "A"-rated carrier that is admitted in most states (the same coverage can be provided in other states as a non-admitted carrier under those states' surplus lines filings). The professional services covered include:

  • Pension Actuaries
  • Pension and Benefit Consultants
  • Pension and Benefit Administrators
  • Third Party Administrators
  • Life & Health Insurance Agents (see below)

Click here to see the coverage highlights. One extremely important feature is the policy's mutual choice of counsel provision, which allows you to work with the insurance company to select an attorney who is agreeable to both you and Hanover.

In addition to the basic broad form miscellaneous professional liability provisions, the Heffernan Endorsement Enhancement provides extremely important protection not readily available elsewhere:

  • Coverage for claims arising out of breach of fiduciary duty, responsibility or obligation in connection with an employee benefit or pension plan; and
  • Coverage for Life & Health Insurance Agents (in conjunction with TPA services and <25% of gross revenue).

Send your request via e-mail to or call Heffernan toll-free at 888.919.4TPA (4872). You may also visit Heffernan on the Web at

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