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: Hedge Funds and Cyber Risk: Understanding Your Insurance Coverage
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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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Professional Liability
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Professional liability coverage can protect against liability and help defray the cost of defense following a claim for an error, omission, or negligence.  >>
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September 30, 2011  |  Views: 6846
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.  >>

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