Professional Services Insurance
Built Around Your Practice

Four coverages every professional
service firm should review.

• When a client blames your advice

  Professional Liability (E&O)

  Professional liability — commonly called errors and omissions (E&O) — protects your firm when a client claims your services, advice, or failure to act caused them financial harm. A CPA who makes a tax error. An attorney who misses a filing deadline. A consultant whose recommendations didn't deliver. General liability won't respond to these claims. E&O is the coverage that does, and for professional services firms, it's the foundation everything else is built on.

  What’s covered

  • Claims that your professional advice or services caused a client financial loss
  • Errors, omissions, or oversights in work product or deliverables
  • Missed deadlines or failure to perform services as contracted
  • Defense costs — even for claims that are ultimately without merit
  • Prior acts coverage for work performed before the current policy period

  E&O policies are claims-made — coverage must be active both when the work was done and when the claim is filed. Maintaining continuous coverage and protecting your retroactive date when switching carriers is critical. Jami tracks this for every professional services client she writes.

• Your clients trust you with their most sensitive data

  Cyber Liability

  Professional services firms are high-value targets for cyber criminals precisely because of what they hold: financial records, legal strategy, tax returns, business plans. A breach doesn't just cost money — it can end client relationships and trigger state and federal notification requirements. Cyber liability covers breach response, legal defense, and recovery costs, whether the threat comes from outside your firm or from human error inside it.

  What’s covered

  • Breach response costs — forensics, legal counsel, and client notification
  • Ransomware — extortion payments and system restoration expenses
  • Business interruption losses while systems are down
  • Regulatory fines and penalties under state and federal notification laws
  • Third-party liability if a breach in your systems exposes client data

  Many cyber policies distinguish between first-party (your own losses) and third-party (your clients' losses). Professional services firms need both. Jami reviews the full policy form — not just the premium — before recommending a carrier.

• Your most complex risk may be your own team

  Employment Practices Liability

  Professional services firms employ educated, legally aware people — exactly the workforce most likely to know their rights and act on them. Employment practices liability (EPL) protects your firm against claims of wrongful termination, discrimination, harassment, and retaliation. With multi-year litigation now averaging six figures in defense costs alone, this is coverage no firm with employees should operate without — regardless of how good your culture is.

  What’s covered

  • Wrongful termination — actual and constructive discharge claims
  • Discrimination claims based on age, gender, race, disability, or religion
  • Sexual harassment and hostile work environment allegations
  • Failure to promote, retaliation, and whistleblower claims
  • Third-party EPL — claims brought by clients or vendors, not just employees

  A claim doesn't require an employee to win — just to file. Defense costs alone can exceed $150,000 before a case reaches resolution. EPL is one of the fastest-growing claim categories in professional services, and one of the most underinsured.

• The foundation every professional practice needs

  Business Owners Policy (BOP)

  A Business Owners Policy combines commercial property and general liability into a single, cost-effective policy designed for small to mid-size professional practices. It covers your office, equipment, and furnishings against physical loss, and protects you against third-party bodily injury and property damage claims. For most professional services firms, the BOP is the baseline — the foundation on which E&O, cyber, and EPL are layered.

  What’s covered

  • Commercial property — office furniture, equipment, computers, and leasehold improvements
  • Business interruption — lost income if a covered loss forces your office to close
  • General liability — third-party injury or property damage at your location
  • Electronic data coverage for digital records and files
  • Employee dishonesty and crime coverage available by endorsement

  Not all professional practices qualify for a BOP — some insurers require standalone GL and property policies for larger firms or those with higher revenues. Jami reviews your firm's profile to determine which structure gives you better coverage at a lower total cost.