Tailored insurance with a professional edge
Arthur J. Gallagher provides professional services insurance for those individuals and businesses who have risks relating to the professional advice and services offered to their clients.
We have one focus - to ensure that you and your business financially survives any insurable event. Our advice is based on practical, proven knowledge of the needs and challenges facing professionals in a wide range of industries. Of course you need insurance, but you also need the right risk management program. Our team will guide you through reviewing your risks, and identifying management and mitigation strategies.
We are partners with a number of associations and industry bodies relevant to professional services, including the Institute of Learning Professionals (ILP) and the Professional Speakers Association (PSA)
Who requires professional services insurance
It is important for any professional offering advice or services as part of their work to protect themselves against claims of negligence. The professional services organisations we support, includes:
- Accountants and financial planners
- Creatives and designers
- Engineers and architects
- Learning professionals
- Lawyers, barristers and solicitors
- Market research
- Real estate agents
- Recruitment consultants
Protecting your business
Companies that perform professional services for others occasionally make mistakes such as overlooking a critical piece of information, misstating a fact, communicating ambiguously, or simply forgetting or misplacing something. Actions brought against a professional services provider can arise from allegations such as:
- Error, omission, or negligence in providing a service
- Failure to provide a service
- Improper documentation
- Misrepresentation of facts
- Violations of state and federal law (e.g. violation of right to privacy).
Arthur J. Gallagher is well placed to provide practice advice on the best-fit insurance cover to help professional services firms protect themselves against the potential losses and costs of errors and omissions.
Speak to one of our team about your insurance cover
To discuss our tailored risk management solutions for professional service providers call us today on 02 9242 2038.
- Professional Indemnity Insurance solutions for Accountants [ Adobe PDF / File Size 0.45 MB ]
Specialist insurance for Accountancy and Legal professionals
As an accountant, your clients trust you with their financial wellbeing. They rely on your advice and to always act in their best interests. That's why insurance for accountants is so important.
With the wide range of advisory and professional services accountants offer, it's vital that you have insurance in place to protect you and your business against any losses that could potentially occur from errors, omissions and negligent acts.
Let our expertise in insurance for accountants guide you in building an insurance program to protect your livelihood when the unexpected happens.
Professional Indemnity Insurance for accountants
Professional indemnity insurance for accountants is fundamental, and a requirement for membership of your professional associations. Professional indemnity insurance is a specialised area and should be arranged with an insurance broker with expertise in your area of business.
For many years Arthur J. Gallagher has provided tailored professional indemnity insurance for accountants. Our experience and expertise enables us to provide you with the support you require throughout the policy duration and the right advice.
In addition to professional indemnity cover, we can include cover for the following activities which are often uncommon with other providers:
- Migration agency services
- Business valuations
- Mortgage finance broking
- Audit activities
- No part IVA exclusions
We also offer your practice unlimited reinstatements and payment for legal costs and expenses, as benefits in addition to the policy limit of indemnity.
Protecting your livelihood
We understand that all accountancy practices are different. In addition to professional indemnity insurance, there are other risks to your business we can help mitigate. Our expert team will work with you to understand your business prior to recommending a comprehensive insurance program. The following policies are an example of the kind of protection that you should consider:
More information? Let's get started.
Just as your clients turn to you for your professional expertise, you should also seek insurance advice from an expert. Call 02 9242 2038 for a no-obligation discussion about tailored insurance for your accountancy or legal practice.