Insurance and
Risk Management

Specialized Insurance for
Design Professionals

Insurance and
Risk Management

Specialized Insurance for
Design Professionals

The Risk Specialty Group | 888-421-RISK (7475) | info@riskspecialtygroup.com

What coverages are you looking for?

Our goal is to give you clear choices in an ever-increasingly complex world of insurance and compliance requirements. One-size does not fit all. Do you need help to figure out what you really need? We can help examine your business to determine the coverages that suit your needs, or even just a game-plan to build your insurance program one-step-at-a-time.

The Risk Specialty Group can customize your company’s insurance program around your specific needs and budget. Whether you need to satisfy contractual requirements or are concerned about reducing your firm’s risk exposures, we can provide competitive options for you to compare.

Our goal is to give you clear choices in an ever-increasingly complex world of insurance and compliance requirements. One-size does not fit all. Do you need help to figure out what you really need? We can help examine your business to determine the coverages that suit your needs, or even just a game-plan to build your insurance program one-step-at-a-time.

The Risk Specialty Group can customize your company’s insurance program around your specific needs and budget. Whether you need to satisfy contractual requirements or are concerned about reducing your firm’s risk exposures, we can provide competitive options for you to compare.

Are your risks exposed?

Certain services and project types are riskier than others. When you have a contract with a large client, do you read the fine print to see what you are financially responsible for? Or, do you sign and “hope for the best?”  

We are here to help your firm understand potential loss and then find the right means to limit the exposure or even eliminate it entirely.

Are your risks exposed?

Certain services and project types are riskier than others. When you have a contract with a large client, do you read the fine print to see what you are financially responsible for? Or, do you sign and “hope for the best?”  

We are here to help your firm understand potential loss and then find the right means to limit the exposure or even eliminate it entirely.

Ready for a free quote?

We are an independent insurance agency which means we represent you, our client, instead of trying to push a particular carrier or product. We can provide you with clear choices from over 20 carriers that fit your needs. We only offer coverages from “A” rated carriers as classified by A.M. Best.

FILL OUR EASY TO USE APPLICATION & GET A RESPONSE TODAY!

CONTACT US TO SPEAK TO AN INSURANCE ADVISOR TODAY!

What Our Clients Are Saying

Thanks for your responsiveness on this and all of our other transactions. PROCESS ENGINEERING FIRM HOUSTON, TX

Thanks for all of your help in finding us a better Professional Liability policy.

MEP FIRM SAN ANTONIO, TX

We greatly appreciate your prompt response and attention to detail. ARCHITECT OKLAHOMA

Latest Insurance News

Professional Liability Insurance Company

If you are looking for professional liability insurance, you have come to the right place. Risk Specialty Group is an insurance and risk management firm that has been providing businesses with access to specialty A&E carriers. Your current agent may not even know that some of these carriers exist. Because we have longstanding relationships with insurance underwriters, we help our clients improve their existing insurance coverage while reducing associated costs.

Errors and Omissions Insurance

Professional liability insurance covers liability from property damage and bodily injury arising out of the negligent act or omission of a professional, such as an engineer, architect, or surveyor, in the performance of their services. A separate policy is necessary because professional liability insurance is usually not included in general liability policies.

It is important to have an experienced agent on your side that will review your agreements and ensure that your interests are represented. A confusing area between general liability and professional liability is in how a claim is reported. For example, most of the general liability policies are written on an “occurrence” basis. This means that the date of the situation that caused a claim is when the coverage must be in effect. It is not when the carrier received the claim. Professional liability policies use a claims-made basis. This is quite a significant difference. The availability of coverage is determined by when the claim is made.

You can switch your carrier for professional liability coverage and feel comfortable in doing so as long your current Retro Date and existing coverages are matched by the new carrier. The Retro Date is usually the first date that the coverage was purchased.

Professional Liability Insurance

Not all policies for professional liability are the same. Many only cover financial and economic losses for third parties. This is what professionals like real estate agents or accountants need. For professionals like engineers and architects, the requirement is property damage and bodily injury. This is due to the services they provide.

Why Choose Risk Specialty Group?

We provide the detailed advisory services that are required by design professional clients. As a general liability insurance agency, this includes:

  • High level of customer service
  • Best practices and benchmarks
  • Knowledge of the unique risks of the design industry
  • Contract reviews for insurability
  • Relationships with specialty underwriters worldwide

We are an independent insurance agent. This means we represent you. We don’t try to sell you a particular product or use a specific carrier. We can provide you with clear choices from more than 20 “A” rated carriers.

Contact Risk Specialty Group Today

To learn more about general professional liability insurance, contact us today at 888-421-7475.