Protection & Coverage for Professional Service Firms
Policies That Cover All of Your Needs
When it comes to professional service firms, insurance needs can actually be quite complex. That’s because the issues that can arise are actually quite numerous. Unfortunately, most agents don’t understand this. Rather than examine the specific needs and liabilities of your firm, they’ll often lock you into one of the stock policies their company sells. These policies look great on paper but typically fail to cover your full range of risks.
At Navion, we understand the nuances of professional services firms, so we design policies that cover the range of risks across all areas of your business.
We Cover All of Your Risks. Even the Ones You Don't See.
Depending on the nature of your company, your needs can range from simple to complex. All firms need coverage for their offices and employees, but many need policies that go beyond that.
We offer professional liability coverage to protect you from the risks associated with the services you’ve performed, including errors, misstatements and failure to deliver expected results to a client. We also protect you from data theft and cyber liabilities.
Even though many claims are fraudulent, defending against can prove expensive and time-consuming, so we help you identify risks before they come problems.
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Buying Attorneys Professional Liability Insurance – What You Need to Know
Summary This article provides an overview of key considerations when purchasing a professional liability (malpractice) policy for your law firm. While cost is always a concern, compromises in coverage can reduce the value of a policy. Selecting a Broker for Attorneys Professional Liability Insurance Application Process for Attorneys Professional Liability Selecting an Attorneys Professional Liability Insurance Company Admitted versus Non-Admitted Insurers Insurer Financial Ratings Claim Service and Risk Management Services Selecting an Attorneys Professional Liability Insurance Policy Claims-Made Coverage "Claims-Made" versus "Claims-Made and Reported" Coverage Prior Acts Coverage Extended Reporting Period