Why Accountants Need Professional Liability Insurance

Posted on: January 10, 2024 by Huntersure

Accounting professionals need adequate liability insurance to protect them from various claims. Accountants professional liability insurance shields them from claims due to errors or negligence in their services.  Given the high stakes of an accountant’s work, with complex financial transactions, tax compliance, and advisory services, accountants need this safety net to safeguard their clients, their […] Read More

Top Emerging Trends in Professional Liability for 2024

Posted on: December 13, 2023 by Huntersure

With the constantly changing technology and economic world, professional liability must adapt to the current landscape. For example, cybersecurity and AI-generated content can cause potential complications that simply did not exist a decade ago.  These threats can be more challenging to spot and more complex to track, meaning they often are only traceable after the […] Read More

Safeguarding Businesses: Understanding the Necessity of Miscellaneous Professional Liability (MPL) Insurance

Posted on: November 30, 2023 by Huntersure

Insurance agents work with a host of different types of businesses, each with unique needs. While certain fields require specific professional liability insurance, such as medical malpractice, others face varying risks that go beyond general liability insurance. Miscellaneous professional liability, or MPL insurance, safeguards a multitude of businesses to help cover potential lawsuits due to […] Read More

Tackling Cyber Risks in Residential Care Facilities

Posted on: November 15, 2023 by Huntersure

Technology advancements have positively impacted the residential care industry, but they’ve also brought new risks. As facilities increasingly rely on digital systems, they’ve faced phishing scams, ransomware, and cybersecurity breaches. Older individuals are especially at risk for social engineering, which can lead to identity theft.  It’s essential that residential care facilities take precautions against these […] Read More

The Role of Liability Insurance in Protecting Social Services Organizations

Posted on: October 18, 2023 by Huntersure

Social services organizations help provide resources, support, and encouragement to those in need. Because of their role in the community, finding a liability insurance plan from professional liability insurance programs is a crucial aspect of social service organizations. This insurance helps in the event of lawsuits, from accusations of abuse and neglect to accidents involving […] Read More

Protect Your Clients From Scope Creep and Other Consulting Risks

Posted on: October 12, 2023 by Huntersure

Consulting is a dynamic field that offers invaluable expertise to clients across various industries. However, like any profession, consulting comes with risks and challenges. Every agent should understand the risks consultants face, how those risks affect their businesses, and the role that agents play in safeguarding those consultants with the right professional liability coverage. Understanding […] Read More

Common Claims in Professional Liability for Testing & Inspection Services

Posted on: September 21, 2023 by Huntersure

When it comes to testing and inspection services, performance must be precise and accurate. Even the most diligent professionals can face unforeseen challenges in this industry, including misinterpreted test results and missed deadlines. Professional liability insurance, also called errors & omissions insurance, provides valuable protection for these potential complications. Understanding how it applies to testing […] Read More

The Importance of Professional Liability Insurance for Large Accounting Firms

Posted on: September 7, 2023 by Huntersure

Large accounting firms provide a range of financial services to various clients. These complex operations handle vast amounts of sensitive data, make critical financial decisions, and often have a global reach. The scale and scope of these firms expose them to unique liability risks. Mitigating these risks requires comprehensive insurance protection, including professional liability insurance. Understanding […] Read More

Key Considerations When Insuring Architects, Engineers & Design Firms with Professional Liability Coverage

Posted on: August 10, 2023 by Huntersure

Insurance agents should understand the unique risk factors associated with professional roles such as architecture, engineering, and design. Clients in these industries need professional liability policies tailored to their specific risk factors. Architects, engineers, and design firms work in specialized fields that depend on precision and accuracy, with devastating consequences for mistakes. The right coverage […] Read More

Understanding Professional Liability Insurance for Architects, Engineers & Design Firms

Posted on: August 3, 2023 by Huntersure

Insurance agents are responsible for understanding the nuances of the policies they offer to craft proper coverage solutions for clients. When it comes to professional liability insurance tailored for architects, engineers, and design firms, this represents a specialized realm with which some agents might not be fully familiar. This coverage is vital for these professionals […] Read More