Professional Liability Insurance

Protect Your Business Against Liability Damages with Professional Liability Insurance

Professional Liability Insurance, also referred to as Errors & Omissions Insurance, is designed to insure against third party claims due to professional negligence. Even if you have the best contract, engagement letter or fee agreement in place you can be named in a lawsuit alleging you made a mistake in some way. This coverage will help defend you and your firm, pay for costs to investigate the matter, and if it is found that you are responsible for damages at the end, to pay the loss.

For small to midsize firms especially, even a minor claim can be potentially disastrous to the firm’s sustainability if not insured or not insured properly. In the event the firm did not do anything wrong, just the time spent getting you released from the suit can be a big drain on company resources.

One size does not fit all and not all carriers are equal. Stuckey is here to help provide that guidance to you. Let Stuckey Insurance use our expertise to advocate on your behalf to find the best carrier and policy coverages that meet your firm’s needs.

Accountants

Along with other exceptional carriers, Stuckey Insurance is the exclusive broker in Arizona for CAMICO Mutual Insurance Company, the premier insurer for accountants that is owned by its CPA policyholders, and run by fellow CPAs.

Today’s environment is ever-changing for accounting firms. Your clients depend heavily on the advice they receive from you. From tax advice to audits, you are paid to be the expert at a wide variety of difficult topics. Unfortunately, in the event that something goes wrong, chances are that you may face a lawsuit alleging a client has been harmed as a result of your professional negligence.

Attorneys

Attorneys more than anyone else understand that a claim can pose a huge threat to their profession, reputation and personal assets.

Design Professionals

Our focus on providing insurance and risk management services for design professionals truly sets us apart from our competitors. What makes us different?

Stuckey Insurance has access to over 30 insurers that can provide insurance services for Design Professionals. We are also the exclusive broker in Arizona for specialty insurers for Design Professionals, including AXA XL Design Professional, and Berkley Design Professional. These insurers have selected to work with our firm due to our experience and commitment to the design profession.

Stuckey Insurance is a member of the Professional Liability Agents Network (www.PLAN.org), a group of like-minded professional liability agents in the U.S., Puerto Rico and Canada that focus on risk management services for design professionals. Our membership in PLAN helps form the strongest voice of advocacy for risk management services for Architects and Engineers in the country. Stuckey Insurance is committed to this organization, and actively participates in leadership roles to facilitate the development of the cadre of design professional insurance agents across the country.

We firmly believe that a strong education program is the first step in avoiding insurance claims for our clients. Stuckey Insurance hosts risk management programs that provide continuing education credits recognized by almost every national association and licensing jurisdiction. They cover a variety of loss prevention issues that affect your daily practice, such as contract language, case studies, or claim trends. Several of our insurers also provide a premium credit for your participation in our programs.
We offer several options for classes, including:

In-house risk management classes
Online courses
Annual Risk Management Seminar

Contract Review Services:

Every contract your firm signs brings with it unique implications. Many transfer a significant amount of risk on you. We assist design professional firms in reviewing contracts from an insurability perspective. We will never tell you to not sign a contract, but we will educate you on the additional risks you are inheriting by signing each contract.

Our advice is not a substitute for legal review. Stuckey Insurance can make recommendations for lawyers to contact that are well-qualified in reviewing construction and design contracts.

(602) 264-5533