Industries

Professional Services Insurance

Professional service firms thrive on trust. Whether it’s a law firm managing high-stakes litigation, an engineering consultancy delivering infrastructure projects, or a digital agency advising on data strategy, your clients are in the business of knowledge and judgment. And when something goes wrong, the stakes are high.

Claims around negligence, breach of duty, conflict of interest, regulatory failure, or data loss can be complex, reputationally damaging, and financially significant. The right insurance programme doesn’t just protect, it helps defend, reassure, and recover. 

At Price Forbes, we work with brokers and our clients to deliver tailored insurance programmes for professional service firms globally. Through established partnerships, we provide access to all key global markets and work closely with London, European, US, and Bermuda-based insurers. Our expertise allows us to structure innovative risk transfer solutions, tailored to the various liability exposures faced by professional service firms. 

Whether supporting volume-based portfolios or cross-class binders and complex global placements, we help brokers secure customised coverage solutions for their clients. 

Who We Work With

We support brokers with law firm clients across all disciplines including litigation, corporate, employment, IP, and regulatory practices, whether boutique firms or international partnerships. Coverage solutions consider client fund handling, high-stakes advisory work, and global exposures.

Architects, engineers, and design professionals face design risk, contract disputes, and professional indemnity exposure from both technical delivery and stakeholder pressure. We structure coverage that accounts for cross-border builds, joint ventures, and phased project milestones.

We help brokers place liability cover for accounting firms, actuarial practices, management consultants, and advisory businesses navigating errors and omissions, and financial damage exposures, especially where advice directly influences client strategy or outcomes.

From digital agencies to data consultants, creative studios to UX strategists, these firms face both content and technology risk. We structure blended professional indemnity, media liability, and cyber programmes that reflect hybrid business models and fast-moving regulatory landscapes.

Risk Solutions for Professional Services Clients

We help brokers place insurance programmes for firms of all sizes, from boutique practices to global partnerships. Relevant coverage includes:

Key contacts

Elizabeth Horell
Elizabeth Horell
Deputy Executive Managing Director, Professional Services

Why Partner with Price Forbes?

  • Sector fluency – We understand the unique risk profiles of each professional class and tailor coverage accordingly.
  • Global placement experience – For firms operating across borders or participating in global alliances, we build compliant, coordinated solutions.
  • Difficult-to-place risks solved – We help brokers access capacity for challenged or lapsed firms, those with distressed loss histories, or emerging advisory practices.
  • Strategic structuring – Support with layered placements, retroactive coverage, excess layers, and structured risk mitigation deals.
  • Broker-first model – You maintain the client relationship. We enhance your submission and open new market options.

Professional Services Insurance

Frequently Asked Questions

Professional Indemnity (also known as E&O) protects against financial loss arising from professional negligence, errors, or omissions. For advisory, legal, technical, or financial professions, this is often a contractual or regulatory requirement.

Yes. We help brokers reposition these firms in the market and secure tailored capacity—even where coverage has been restricted or withdrawn.

Cyber covers breach of data, loss of systems, or ransomware—not professional negligence. Both are increasingly essential for firms handling sensitive client information or working remotely.

Not always. With the right master policy and local endorsements, we can help brokers create efficient multinational structures that meet compliance needs without duplicating coverage.

Yes. Managing partners or board members of LLPs can still face regulatory or legal challenges. D&O helps protect the individuals in leadership roles, even outside corporate structures.

Let's Talk

Our insurance experts are always on hand to talk about ways we can join forces to take on the future.