"Your Reputation Is Your Business. Guard It Well."
Protecting advice, expertise, and professional reputation
Professional service firms face unique risks that go beyond physical injury or property damage. When clients rely on your advice, design, recommendations, or specialized knowledge, even a small mistake or misunderstanding can lead to costly disputes. Allegations of negligence, errors, missed deadlines, or failure to deliver services as expected can result in lawsuits that threaten both reputation and financial stability.
Properly structured insurance helps protect professional credibility, client relationships, and long-term business success.
Key Risks in Professional Services Operations
Professional service firms face exposure related to:
Errors, omissions, or negligence claims
Failure to meet contractual obligations
Misrepresentation or incorrect advice
Client financial loss allegations
Employee or partner disputes
Data breaches or confidential information loss
Regulatory or licensing issues
Claims can arise even when no mistake was actually made.
Core Coverages for Professional Services Firms
Professional services insurance programs typically include:
Professional Liability / Errors & Omissions (E&O)Protects against claims alleging mistakes, negligence, or failure to perform professional services.
General Liability — Covers bodily injury and property damage claims involving clients, visitors, or third parties.
Commercial Property — Protects office space, equipment, and business contents from covered physical loss.
Cyber Liability — Covers data breaches, ransomware, and loss of confidential client information.
Employment Practices Liability — Protects against claims involving wrongful termination, discrimination, or harassment.
Workers Compensation — Provides coverage for employee injuries as required by law.
Umbrella / Excess Liability — Provides additional limits for severe liability claims.
What’s Commonly Overlooked
Professional service insurance programs are often weakened by:
Incorrect description of professional services
Inadequate E&O limits
Missing cyber or data breach coverage
Gaps between general liability and E&O
Failure to cover independent contractors
Missing prior acts or retroactive coverage
These gaps often appear only after a claim is filed.
Real-World Claim Examples
A consultant is sued for incorrect advice
A design error causes financial loss to a client
A missed deadline leads to a contract dispute
A data breach exposes client information
An employee files an employment-related claim
Even unfounded claims can create significant legal costs.
Why Proper Placement Matters
Professional liability coverage varies significantly based on:
Type of services provided
Contract requirements
Client industry and exposure
State-specific legal standards
Claims-made policy structure
Retroactive dates and prior acts coverage
Improper placement can result in denied claims or gaps in protection.
Our Approach
At Cory Washington & Co., we structure professional services insurance around the actual work you perform — not just your job title. We coordinate E&O, liability, cyber, and employment coverage to ensure your protection matches your contracts, clients, and professional exposure.
Your reputation is one of your most valuable assets — it deserves the right protection.
Available in all 50 states. See how requirements differ in California, Texas, Florida, New York, or choose your state.