Industries
Insurance for Professional Service Firms
Accountants, recruiters, marketing firms, property managers, designers: businesses that sell judgment share a risk profile. The dangerous claim is rarely a slip and fall. It is a client saying your work cost them money.
BrokerPro builds insurance programs for service firms that match contracts, protect the work, and do not load you up with coverage you will never use.
Common risks
The service-firm risk profile:
- Professional negligence claims from clients
- Contract disputes that arrive with insurance requirements attached
- Data breaches involving client files and funds
- Employment claims as the team grows
- Office premises and visiting-client injuries, the smaller but lease-required risk
Recommended coverage
Typical professional services program:
Professional liability / E&O
the core protection for the work itself
General liability or BOP
lease requirements and premises risk, with office contents
Cyber liability
client data, email compromise, and wire fraud
EPLI
employment claims once you have staff
Workers compensation
required with employees in Arizona
What landlords, clients, and contracts commonly require
- Client MSAs commonly require E&O and GL at $1 million with certificates
- Office leases require GL with landlord as additional insured
- Some professions carry licensing-based insurance requirements
Common questions
What does a typical service firm spend on insurance?
A small firm carrying E&O, a BOP, and cyber commonly lands somewhere between $1,500 and $5,000 a year depending on field, revenue, and team size. Single-policy needs can be much less. We will give you real numbers after a short conversation.
Our clients keep adding new insurance requirements to contracts. Can you review them?
Yes, send them over. Reading insurance requirements is part of the job, and it is much cheaper to align coverage before signing than to retrofit after.
Do we need EPLI with only a few employees?
Employment claims are the most common claim against small employers, and defense costs hurt regardless of merit. Small-firm EPLI is often affordable, especially packaged with D&O. Worth pricing, at minimum.
Insurance built around how professional services actually work
Send us the basics. We'll ask the right questions and come back with options.