PROFESSIONAL LIABILITY


Professional liability has become the "products liability" of the service sector. Professional liability coverage can protect against liability and help defray the cost of defense following a claim for an error, omission, or negligence in the performance of professional services.

Professional Liability

Professional liability coverage can protect against liability and help defray the cost of defense following a claim for an error, omission, or negligence in the performance of professional services. Newer insurance policies also provide coverage for privacy violations and breaches of computer security. Companies that view their exposures as either manufacturing- or product-oriented may be surprised to find themselves exposed to professional liability risks through outsourcing, online commerce, and intellectual property issues.

And because professional liability risks are complex and extensive, identifying and quantifying these liabilities require a high degree of expert scrutiny. That's why, in addition to coverage specialists, Marsh's FINPRO practice employs attorneys, economists and actuaries to assess a company's exposure from several different vantage points.

Evolving exposures can be anticipated, and risk transfer solutions designed to fit your needs. And since FINPRO is made up of teams of experts throughout the world dedicated to understanding specialized businesses like yours, industry best practices are shared, applied and refined to continually create new business solutions.

Through constant global communication, our intellectual capital forms a worldwide network of information sharing, which ensures that our professionals remain current on business issues affecting the major industries in which they specialize, including:

  • Banking, Investment Banking and Broker/Dealers
  • Insurance Companies and Asset Managers
  • Merchant Banking and Venture Capital
  • Accountants, Attorneys, Architects and Engineers
  • Media, Communications, Entertainment
  • Technology
  • Health Care and Biotechnology
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Webcast: US Insurance Markets and Risk Trends in 2013 (Replay)
January 30, 2013  |  Views: 11042 |  Comments: 0  | Article Rating
Webcast: US Insurance Markets and Risk Trends in 2013 (Replay)
Marsh's risk and insurance experts provided an overview of the trends likely to affect insurance purchasing and risk management decisions in 2013.  >>
FINPRO Focus—A Global View: Understanding and Complying with Compulsory Multi-Jurisdictional Professional Liability Insurance Requirements
April 24, 2012  |  Views: 2199 |  Comments: 0 
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February 02, 2012  |  Views: 2116 |  Comments: 0  | Article Rating
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John Geisbush quoted on www.insurancenewsnet.com.  >>
Webcast: Hot Topics and Innovations in Financial and Professional Liability (Replay)
October 26, 2011  |  Views: 5471 |  Comments: 0  | Article Rating
Webcast: Hot Topics and Innovations in Financial and Professional Liability (Replay)
Our panel of experts address the risks observed with the new innovations being introduced in financial and professional liability.  >>
Benchmarking Trends—D&O Limit Levels Increased in 2011: October 2011
September 26, 2011  |  Views: 4626 |  Comments: 1  | Article Rating
Benchmarking Trends—D&O Limit Levels Increased in 2011: October 2011
This month's benchmarking newsletter covers changes in the directors and officers liability insurance market.  >>
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January 11, 2011  |  Views: 1620 |  Comments: 0  | Article Rating
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This point of view from our Hospitality & Gaming Practice recommends several specific actions to help mitigate the effects of a bed-big incident.  >>
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Benchmarking Services
The Benchmarking Portal's rapidly growing database contains information on nearly 115,000 insurance policies covering $US75 billion in premium placements.  >>
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Clinical HealthCare Consulting
Marsh helps health care organizations in their efforts to assess, reduce, and manage their professional liability exposures. Using a range of risk and quality reviews, programs, to...  >>
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Marsh's Clinical HealthCare Consultants combine expertise in patient safety and culture of safety initiatives with published, validated survey tools to help measure staff perceptio...  >>
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The Financial Institutions Center of Excellence, based in New York, comprises 25 professionals and is led by a team of senior advisors, each with more than 15 years of industry exp...  >>
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Marsh Aviation is the foremost broker in the placement of insurance for the General Aviation industry. We have specialists who have experience as underwriters and active pilots. Ma...  >>
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Incentive provisions are common in sponsorship or endorsement contracts with professional athletes; if the athlete achieves certain goals in his/her sport, the sponsor/endorser is ...  >>
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September 30, 2011  |  Views: 2948
No Overall Change to Insurance Rates in Q3: Marsh
Despite significant insurance losses in the first half of the year, insurers have remained competitive but cautious.  >>
October 20, 2010  |  Views: 2313
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Contacts
Commercial Business Center
Insurance for Single Practitioners and Small Businesses
800 503 9230

Lou Ann Layton
U.S. FINPRO Practice Leader
New York NY United States
212 345 3891
louann.layton@marsh.com