Walker & Associates: Focused on Protecting Your Assets, Reputation with Professional Liability Insurance
Walker & Associates is proud that businesses and professionals have looked to us as their trusted independent agency since 1960. We offer a full line of insurance products to businesses and individuals in addition to specializing in Professional Liability insurance for Architecture, Engineering and Survey firms; CPAs and Accounting Firms; Attorneys and Law Firms; and other professionals vulnerable to allegations of errors and omissions exposures.
Professional Liability insurance, also known as Errors & Omissions insurance, is must-have coverage for any individual or firm providing a professional service. It provides coverage for an array of exposures and can help protect you and your firm against losses resulting from negligence, errors, and omissions in the performance of your professional services.
A well-structured policy is designed to:
- Respond in the event of an allegation of negligence during performing one’s services that results in financial harm to the client even if the claim is meritless.
- Provide defense coverage, which can be significant and devastating to a firm or practitioner that isn’t properly insured.
- Protect an individual’s or company’s assets and reputation.
- Help obtain a project that has requirements for specific insurance coverage or limits.
Not All Policies Are the Same
Working with a fellow professional such as Walker & Associates with a strong track record in securing Professional Liability policies for various industry segments is critical in getting the right coverage with policy terms and conditions, limits, and features specific to a client’s needs. We don’t provide cookie-cutter solutions. We understand, for example, that the coverage needs of an attorney are very different from that of an architect. We also understand that not all carriers offer the same broad coverage. Due to our longstanding relationships with several leading insurers, we are in a position to negotiate policy terms and pricing on your behalf.
With Walker & Associates, you will also receive a detailed explanation of what is covered under your policy, where your policy doesn’t respond and how we can help you close gaps with tail coverage and other features. We can even design a policy for professionals who want coverage for claims that arise after they have retired.
In addition, when it comes to Professional Liability insurance, loss control and risk mitigation is key. We will provide you with loss prevention strategies to help you avert and stem claims.