Professional Services
Regardless of the type of professional services you provide, you face specific risks common to all businesses. At the same time, you also face some unique risks that are particular to your industry.
These could include:
- Liability for professional negligence
- Breach of confidentiality or duty of care
- Loss of key personnel
- Damage to property or equipment
- Cybercrime
- Violation of government regulations
- Fraudulent billing practices
- Unfair competition
- Economic conditions
- Natural disasters
- Accidents
All these situations eventually lead to losses unless you have the right business insurance in place. In today’s competitive environment, it’s more important than ever to be prepared for the unexpected. A solid risk management plan can help you minimize the impact of potential problems and protect your business from financial ruin.
At Lakenan, we help you do just that. Our team of experts deeply understands the risks faced by professional service businesses. We’ll work with you to create a tailored risk management plan that fits your needs and helps you sleep better at night.
Additionally, we provide the necessary expertise, products, and resources to help our clients reduce business risks and protect their future.
Areas of Expertise
Our professional services experience includes, among others:
- Professional Liability
- Business Property
- Business Income
- Employment Practices Liability
- Management Liability
- Cyber Liability