Professional Offices
In a professional firm the asset is judgement, and that judgement remains exposed years after the opinion is signed. The professional body's collective policy sets a floor; the real exposure of a professional partnership begins above it. We know how the market underwrites professional indemnity for each specialism, which exclusions are worth negotiating and what retroactive cover a change of firm requires, and we build with you the excess layer that your caseload deserves.
The covers that support a company in this sector
Each one is designed based on the company's real exposure. None are contracted the same in two companies in the same sector.
- D&O insurance for directorsThe personal assets of those who decide
- Insurance due diligence and W&I insuranceInsurable liabilities before closing
- Group health insurance for companiesMedical network and group conditions
- Employee benefits to retain talentTalent retention with Aporta
- Life insuranceProtection for those who depend on you
- Personal accident insuranceFinancial consequences contained
Lo que nos preguntan en professional offices
Is the civil liability insurance of the association sufficient?
It covers the practice of the member with a common limit for all, calculated on the average assignment of the profession. When the firm acts as a professional society, advises on operations of a certain volume, or regularly works for a company, that limit is exhausted with a single file, and it is advisable to add an excess or a personal policy above the collective.
What happens with old matters if I change insurer or close the firm?
Professional civil liability operates on a claims-made basis, so the policy in force on the day the claim arrives responds, regardless of when the opinion was issued. As long as the firm continues renewing, the old assignment is attended by the current policy, and the already retired partner retains their status as insured for the work they signed. The cessation or integration operation is where the discovery period, run-off, and retroactive date that travels with the firm are closed.
Does the policy cover the loss of a procedural deadline?
Yes. The lost deadline is a characteristic case of professional negligence and is covered as long as the claim is made during the validity and the event is after the retroactivity. The amount is set by the doctrine of loss of opportunity: the court assesses what probability the matter that was left undefended had of succeeding and grants a proportion of the claimed amount according to that probability. As for the defence, Article 74 of the Insurance Contract Law places the expenses on the insurer unless otherwise agreed, so the check when comparing terms is whether the contract has deviated from that rule and makes them consume the limit, which is the usual wording in policies of Anglo-Saxon origin.
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