Professional Services

PRL’s expertise helps professional service firms navigate risk in today’s competitive and regulated environment.
OVERVIEW

Professional Services Sectors Expertise

The professional services sectors operate in a fast-evolving landscape where navigating liability and regulatory complexity has become essential. From managing increased litigation risks to addressing new standards in governance, businesses in these sectors face unique challenges that demand specialized expertise. PRL understands the high stakes and provides tailored insurance and advisory solutions to safeguard professionals, executives, and their organizations.

With over 50 years of experience, PRL offers comprehensive coverage through Professional Liability (Errors & Omissions), Cyber Insurance and Management Liability (Directors’ & Officers’ Liability, Fiduciary Liability, Employment Practices Liability) and Office Package insurance. These solutions are designed to protect against claims related to errors, omissions, and managerial decisions, ensuring that your business and its leadership are well-shielded from financial losses and reputational harm. Recent trends, such as rising litigation costs driven by “social inflation” and increasing regulatory scrutiny, underscore the need for proactive risk management strategies. PRL stays ahead of these shifts, delivering innovative solutions to protect your operations and give you peace of mind in an ever-changing environment.

Why Choose PRL?

With over 50 years of expertise, PRL develops tailored insurance solutions based on a deep understanding of and the following professional services sectors: architects and engineers; law firms; accounting firms and insurance brokers. Our client-focused approach, access to top-rated insurer partners, and proven ability to manage complex risks make us the trusted choice for businesses seeking comprehensive protection and guidance.
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Bespoke professional liability coverage.
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Cyber management.
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Understanding of industry regulations.
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Reputation safeguards.
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Data-driven risk assessments.
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Strong market relationships.
Comprehensive Offerings

Insurance and Advisory Solutions

We offer a wide range of tailored insurance solutions, coverage options, and services designed specifically for the professional services sectors.

Probable and maximum foreseeable loss analysis
Implementation of policy and claim experience audits as well as provide suggestions for risk management
Cyber risk management (analysis/recs)
Contract review services for leases, clients & sub-consultants/counterparties
Educational training for employees including sources of E&O claims, cyber risk management, email risk management, construction risk management & claims awareness and management
Resources

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