industry

Professional services risk financing: professional liability and long-tail claims

For a professional firm, the largest retained risk is usually a claim about the quality of its work. Those claims can arrive years later, so evaluation depends on good claims history and clear contracts.

Professional liability and contract risks for professional services firms, with relevant specialists.

2 active providers

How are these providers ranked?

Common risks and risk-financing considerations in Professional Services

  • Professional liability and long-tail claims — Claims alleging errors or negligence can be reported long after the work. Different professions produce different claim patterns, so compare like with like.
  • Client contracts and confidentiality — Engagement terms, liability caps and confidentiality duties shape exposure. Review what clients require and what the firm has agreed to.
  • Firm governance and data — Partnerships and corporate firms decide on retention differently. Reliable claims data by practice area is the basis for any retention discussion.
  • Questions for specialists — Ask which professions a provider has served and how it has handled long-tail reserving. Self-insurance and group captive approaches are among the options to discuss.

Providers serving Professional Services

Each card shows why that provider is relevant to Professional Services, from what the provider has recorded against this industry.

2 companies

Oct 20, 2026How are these providers ranked?

Artex Risk Solutions

Unclaimed
Serves this industry
No reviews yetartexrisk.com3rd Floor, Wessex House, 45 Reid Street, Hamilton HM 12, Bermuda
  • Risk Consulting
  • Underwriting
  • Enterprise Risk Management
  • Captive Feasibility Studies
  • Actuarial Services
  • Captive Management Services

Artex Risk Solutions is an alternative risk and insurance management business operating under the Arthur J. Gallagher & Co. group. It provides captive feasibility, formation and ongoing management; single-parent, group and cell captive solutions; actuarial and risk advisory services; reinsurance and claims-management support; capital-markets administration; and legacy and run-off solutions.

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Risk Services, LLC

Unclaimed
Serves this industry
No reviews yetriskservcos.com1605 Main Street, Suite 800, Sarasota, Florida 34236, United States
  • Risk Consulting
  • Captive Feasibility Studies
  • Underwriting
  • Regulatory Compliance
  • Captive Management Services
  • Captive Accounting
  • +1 more

Risk Services, LLC is a full-service captive insurance manager providing formation, licensing, accounting, financial reporting, regulatory compliance, underwriting, policyholder administration, reinsurance intermediary and fronting support services.

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