Professional services firms face unique liability exposures from the advice and work they provide. A single error or oversight can lead to costly lawsuits. Our programs protect professionals from the financial consequences of claims and client disputes.
Coverages we place
Professional liability (E&O) for errors, omissions, and negligence
General liability for office and client-site injuries
Cyber liability for data breaches and client data protection
Directors & officers for management decisions
Business owner's policy for office property and liability
Workers' comp for office employees
EPLI for hiring, firing, and workplace claims
Fiduciary liability for firms managing client assets
Who needs this coverage
Accounting firms, law firms, engineering firms, architecture firms, management consultants, IT consultants, financial advisors, and marketing agencies.
What drives your premium
Professional discipline and services provided
Annual billings and client base
Contract sizes and scope of engagements
Number of professionals and staff
Claims history and risk management practices
Common exclusions
Intentional fraud or criminal acts
Known issues or circumstances prior to policy inception
Bodily injury (covered by GL, not E&O)
Investment guarantees or promised returns
Regulatory fines for willful violations
Frequently asked questions
Do professional services firms need E&O insurance?
Yes. E&O is the most critical coverage for any firm that provides advice, designs, or services. A single claim of professional negligence can exceed $100,000 in defense costs alone.
What's the difference between E&O and malpractice?
They're essentially the same coverage. 'Malpractice' is typically used for medical and legal professionals. 'E&O' is the broader term used across all professional services industries.
Do I need D&O as a small firm?
If you have partners, a board, or investors, D&O protects personal assets of leadership from claims related to business decisions. It's increasingly important even for small firms.