Protecting your professional services business has never been easier.
Whether you are an attorney, a CPA, an architect, or any other type of service professional, your services are counted on for consistency and quality. And you’re passionate about what you do, how you do it, and the benefits that your clients enjoy as a result. But no matter how long you have been practicing, any expert can find themselves liable for their clients’ outcomes. Consider the following:
- In New York, a jury ruled that a law firm pay a municipality $397,000 as a result of allegedly providing bad or insufficient advice.
- The State Bar of California holds lawyers legally responsible for disclosing to clients whether they have professional liability coverage.
- Attracting and retaining talented employees in a creative field, such as an architectural firm, is crucial. In 2018, median turnover rates for the top 50 firms was 10–14 percent.
What happens if your financial advice results in losses to your client? Does your international practice have the right protection from one country to the next? If you make a mistake—and we all do—is your professional liability insurance going to cover you when a client sues?
Our professional services insurance specialists understand the unique challenges (and the high stakes) that come from a professional services business. Here are some of the reasons why clients turn to DHW for professional services insurance coverage:
Complete market coverage—Our professional services insurance program covers the entire marketplace, leaving no stone unturned for your own personal best coverage option.
Broad spectrum of industries—Professional liability coverage applies to an umbrella of professions, with varying degrees of subtleties and challenges to consider. Our professional services experts bring deep experience in helping attorneys, CPAs, architects, and other service providers with their insurance coverage needs.
Tailored policies to fit your needs—Just as the professional services you provide, there is no one-size-fits-all solution to the type of professional liability insurance you will need. That’s why our policies are hand-tailored to fit your individual needs and challenges, including worldwide coverage, defense costs, alleged or actual negligence, claims and damages, and patents and trade secrets.