Professional Liability

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MANAGE THE INHERENT RISKS OF YOUR BUSINESS

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Do you give advice? Do you sit on a Board of Directors? Do you manufacture items that are touched or eaten or are part of something that is? Lawsuits can destroy your business. Corporate Risk Solutions can help arrange for you to better protect your business and your shareholders.

Our economy has grown increasingly service-oriented. To participate in this growth, insurance professionals and providers must become more confident and comfortable with assisting professional and executive clients in managing the risks inherent in their businesses.

Attorneys, health care professionals, architects and engineers, as well as company directors and officers and their organizations, need protection from claims brought by clients, employees, vendors and other third parties. The appropriate coverage for these exposures can be a moving target and a complex and difficult discipline for smaller insurance producers to master.
Corporate Risk Solutions posses the knowledge, the market access and the service culture to guide you through professional liability challenges.

Lawyers Professional Liability
Wouldn't it be nice to have someone representing your best interests when conducting business? Consider if you only had to work on your cases, and someone else was working on your behalf to secure the insurance protection required for a successful law firm. As your advocate, we strive to find solutions that will best serve you and your business.

Corporate Risk Solutions Professional Liability Group offers unique professional liability insurance services and risk management solutions for attorneys. With our buying power and volume of business with key insurance carriers, we can negotiate the best policy terms, whether your firm has one or five hundred lawyers.

Costly Defects in Design
The construction industry is changing rapidly. One of the areas that has seen significant change is professional liability. The evolving relationship between builder, design professional and building owner has caused many controversies. None is more difficult than agreeing on what constitutes a construction defect. Each party to the construction transaction has his own view.

Cyber Security: Better Safe Than Sorry
The more you rely on automation, the greater your exposure to e-business risks that could drain revenues, cripple your operations, and threaten your reputation.

Evolving Computer Exposures
New computer exposures are emerging due in large part to the rapid development of the Internet and the dynamic nature of its applications. These exposures are significantly different from those in brick-and-mortar businesses.

Materials: Handle with Care
Hazardous material handling is a critical task. Businesses need to take specific actions to minimize liability exposure under the Comprehensive Environmental Response, Conservation and Liability Act (a/k/a Superfund).

Non-Reported Claims Settlements
Contractors, like most employers, are looking for ways to reduce their overall insurance costs. One method that some insured's are trying is to not report small claims to the insurance carrier and to settle them internally.

Non-Traditional Employment Might Cause Liability
Contingent employment arrangements, such as independent contractors, leased and temporary employees and telecommuters are replacing traditional, full-time position's.

OCIP Program Considerations
In the past, owner-controlled insurance programs (OCIP) typically were limited to large, single-site construction projects. Today they are becoming commonplace for even small jobs. How will an OCIP affect your insurance coverage?

Pre-Job Conferences: Key Risk Management Tool
In the past, you might have considered pre-job conferences as a risk management tool. If done properly, they can greatly assist you in reducing your potential losses. Pre-job conferences typically are used to provide unions with timely notice and other pertinent information about any job starting within their geographic jurisdiction.

Professional Liability for Technology Firms
Your company has installed some new software on a client's information system and several errors were committed by your computer technicians. The client is now suing your company for the damage done to its database, as well as the lost income resulting from not being able to service its customers. Professional liability / E&O will protect your business and has become an essential risk management tool for most technology and e-commerce enterprises.

Corporate Risk Solutions serves a wide variety of professional service groups including:

Accountants
Physicians
Software Designers
Surveyors
Consultants
Law Enforcement
Insurance Agents and Brokers
Educators Real Estate Agents and Brokers
Public Officials
Media Professionals
Technology Companies
Contact Us To Learn More
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