Commercial industry

Professional Consulting Insurance

Consultants sell judgment. The claim is that the judgment was wrong, late, or conflicted, and the client lost money. Miscellaneous professional liability is the policy. Cyber is the second, because your laptop is a folder of other people’s strategy. A office BOP is the rent and the laptop bag.

We place management, operations, marketing, and similar advisory firms. If you are an engineer or architect, use that page — the professional tower is different. If you implement software, our IT page is closer.

Risks we actually schedule

  • A client alleging your advice caused a financial loss.
  • A breach of client files on a laptop or a shared drive.
  • A subcontracted specialist whose work you stamped with your name.
  • Employment-practices claims as the firm hires past a handful of people.

Frequently asked questions

We have a limitation-of-liability in every contract. Do we still need E&O?

Yes. Caps fail, clients sue anyway, and defense costs start on day one. The contract is a tool; it is not a policy.

Is a $1 million E&O enough?

It depends on the size of the decisions you influence. A pricing study for a regional chain and a two-week process workshop are not the same limit conversation.

Do we need hired and non-owned auto?

If consultants drive to client sites in personal cars, yes. Inexpensive, and often required by the client’s vendor packet.