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.

Marsh helps organizations like yours address their needs in this area. Tailored solutions are described below. For more information on all our offerings on this topic plus reports, articles and press releases, visit our Professional Liability homepage.


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
FINPRO Financial Institutions Center of Excellence
Views: 26437  |  Comments: 0  |  Category: Solutions  |  Published: 04-Nov-2011
FINPRO Financial Institutions Center of Excellence
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  Read More >>
Culture of Safety Surveys
Views: 25703  |  Comments: 0  |  Category: Solutions  |  Published: 15-Nov-2010
Culture of Safety Surveys
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  Read More >>
Professional Liability
Views: 27007  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
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.  Read More >>
General Aviation
Views: 26758  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
General Aviation
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  Read More >>
Entertainment & Media: Contingency Insurance
Views: 25287  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
Entertainment & Media: Contingency Insurance
Contingency Insurance provides for loss sustained if any insured person in connection with the insured event is necessarily prevented from commencing, continuing or completing thei  Read More >>
Incentive Bonus
Views: 26788  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
Incentive Bonus
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  Read More >>
Professional Liability for Sports & Events
Views: 24002  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
Professional Liability for Sports & Events
Exposures arising from the performance of duties by athletic trainers, physicians, and other professionals might be imputed to promoters, sponsors, events, or teams.  Read More >>
A Winning Strategy for Recovery Audit Contractor (RAC) Survival
Views: 25711  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
A Winning Strategy for Recovery Audit Contractor (RAC) Survival
A proactive approach to case management can help improve patient outcomes, reduce length of stay, lower resource utilization, enhance documentation/compliance, and improve both phy  Read More >>
Patient Safety
Views: 25517  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
Patient Safety
An estimated 15 million incidents of patient harm occur in U.S. hospitals each year. Marsh's Clinical HealthCare Consultants help health care organizations in their efforts to asse  Read More >>
Clinical HealthCare Consulting
Views: 26975  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
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  Read More >>