Professional services
For firms whose product is judgement, the largest exposure is not the office. It is a claim that the advice was wrong — and those claims can arrive years after the work was done.
The risks we see
What actually goes wrong in this sector.
Advice-based liability
Professional indemnity responds to financial loss caused by your work. It is the core cover, not an add-on.
Long-tail claims
Claims can emerge long after an engagement ends, which makes continuous cover and run-off arrangements essential.
Client contract requirements
Corporate clients frequently mandate minimum limits before they will engage you at all.
Data and records
Client information held on your systems is both a practical and a reputational exposure.
Cover that responds
What we would look at placing.
A starting point, not a recommendation. What you actually need depends on how you operate, and that is a conversation.
Professional Indemnity Insurance
Claims arising from advice, work or omissions.
Public Liability Insurance
Visitors to your offices and work at client sites.
Property Insurance
Offices, equipment and records.
Employee Benefits
Health and group life in a talent-driven market.
Business Insurance
Interruption cover for loss of fee income.
Gaps we find when we review existing policies
If you already have cover, start here.
These are the things we most often find missing when we read a policy in this sector. Any one of them is worth checking today, whether or not you ever speak to us.
- Cover allowed to lapse between engagements, leaving historic work exposed
- No run-off cover when a firm restructures or a partner retires
- Limits below what client contracts actually require
- Sole practitioners assuming a limited company structure removes personal exposure