Do Technical Consultants Need Professional Liability Insurance?

Posted on: March 6, 2024 by Huntersure

In today’s rapidly evolving technological landscape, technical consultants are vital in providing expertise and guidance to businesses across various industries. These skilled professionals, who specialize in areas such as information technology, engineering, and software development, are often relied upon to deliver complex projects, offer strategic advice, and troubleshoot technical challenges. However, with great responsibility comes […] 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 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

The Role of Certifications and Qualifications in Professional Liability Coverage for Testing & Inspection Services

Posted on: July 27, 2023 by Huntersure

Businesses focused on inspections and testing work in a unique field often filled with regulations. No matter how hard a company tries to follow the rules and deliver services that clients can trust, the unexpected happens. Ultimately, your clients in this industry will need good insurance coverage. Your job as an insurance agent is to […] Read More

The Role of Contracts in Lawyers Professional Liability Insurance for Insurance Agents

Posted on: July 13, 2023 by Huntersure

Professionals in every industry should have insurance coverage to protect their assets against allegations. Lawyers are no different, and most firms should have lawyers professional liability coverage. Therefore, when assisting lawyers in finding coverage, it is critical to understand the importance of contracts within the insurance industry. What Is Lawyers Professional Liability Coverage? About four […] Read More

4 Ways Accounting Clients Can Improve Their Business Communications

Posted on: October 10, 2019 by Huntersure

Accountants and financial advisors have great attention to detail and an ability to analyze numbers and find solutions. While these great technical skills are enviable in their trade, it’s the softer skills, such as communications, that may need some sharpening. Business communication for accountants can always be revisited and fine-tuned as some CPAs struggle with […] Read More

The Differences Between Claims-Made and Occurrence Policies

Posted on: September 12, 2019 by Huntersure

Liability policies for clients are usually broken down into two categories: occurrence or claims-made. This system helps to streamline the process of handling claims, expediting everything from payouts to updating a current policy’s limits. An occurrence policy provides coverage for claims that result from an injury or another event that occurs during the term of […] Read More

Recent Factors Affecting Professional Liability Claims and Costs

Posted on: September 5, 2019 by Huntersure

There are a number of factors that play a role in professional liability risk insurance. From economic issues to nationwide litigation trends, the professional liability insurance market can change at the drop of a hat. In 2019, financial and professional liability insurance rates in the U.S. increased by seven percent and will probably continue to […] Read More

Two Big Challenges with Prior Acts Coverage

Posted on: August 8, 2019 by Huntersure

A difficult concept for purchasers of professional liability insurance is what prior acts coverage refers to as well as claims-made policies. A negligence claim against a lawyer or any other type of professional, such as an accountant, typically evolves from services that were provided many years before the time of the claim. With this in […] Read More