Professional Liability
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 a Corporate Risk Solutions Specialist today info@underwritingpros.com .
