Professional Services Insurance

Specialized insurance services for professional services

You’re under pressure to balance delivering quality client service with maintaining regulatory compliance, addressing cyber and data privacy concerns, and meeting contractual obligations. If you make an error or offer improper advice, you could be held liable for injuries, property damage, or financial loss—resulting in substantial legal fees and settlement costs.

B. F. Saul Insurance offers specialized insurance solutions that help mitigate your professional services firm’s risks.

We have in-depth knowledge and experience working with professional services firms like these:

Attorneys & law firms
Accountants & CPA firms
Investment advisors, private equity funds, & venture capital
Technology services
Title agents

Q: What insurance is essential for professional services firms?

A: In addition to general liability and property coverage, professional services firms should carry errors & omissions (E&O) insurance to protect against claims of negligence or mistakes in client work.

Q: Does business size change insurance requirements?

A: Larger firms often need higher coverage limits and more complex policies. Smaller firms may still face the same risks, but can tailor coverage to scale with their operations

Q: How does cyber liability affect professional services?

A: Firms often handle sensitive client data, making them prime cyber targets. Cyber liability coverage helps with breach response, legal costs, and recovery expenses.

Q: Are employees covered if they work remotely?

A: Yes, but you may need to update your policies. Workers’ compensation and cyber coverage should reflect the risks of remote or hybrid work environments.