A professional service refers to a type of service that requires specialized knowledge or skills, typically provided by professionals in a specific field. These services are often based on the providers’ professional expertise and are meant to offer advice or solutions tailored to the needs of clients.
Professional services cover a broad spectrum of industries including, law, accounting, architecture, engineering, healthcare, consulting, and marketing. The value of these services lies in the quality of expertise, the process of service delivery, and the impact or effectiveness of the results achieved.
Professional Service Providers often have unique insurance needs due to the nature of their work and the risks associated with their professions. At BR Risk Group™ Specialty Insurance, we offer the following tailored coverage solutions for Professional Services of all kinds:
Coverage for negligent professional services provided to a client.
Coverage for liability expenses associated with a data breach to your system.
Coverage for employers against claims made by employees regarding employment-related issues.
Coverage designed to protect individuals serving as directors and officers of a company
Coverage against lawsuits from customers, clients, and other third parties.
Coverage for financial losses to businesses resulting from criminal acts.