Professional Service Provider Basics Are Critical to Reducing Claim Exposure
As professional service provider firms embark on a new year, it’s important to be reminded of fundamental, but sometimes overlooked, risk mitigation efforts which are critical to a successful business while reducing claim exposure.
Natalia M. Greene, Esq., CPE, Senior Vice President of Risk Management at Lemme, a division of EPIC is a contributing author to Insurance CIO Outlook. Read Natalia’s article to learn more about ways professional service provider firms can undertake meaningful evaluations of their existing clients and develop well-thought-through processes to evaluate the acceptance of new clients to avoid risks and costly exposure that bad clients present (you can also click the downloadable resource link).
Lemme, a division of EPIC, (“Lemme”) has been providing specialized insurance brokerage and consulting services to the accounting and legal profession since 1998. Our experienced brokers work with clients to understand their business, assess needs, and develop solutions using our integrated approach to service. Lemme approaches each opportunity with integrity, transparency and full accountability to our clients. We are honored to have built long-term relationships with clients ranging in size from top national firms to large regional and local firms throughout the United States. In working with clients across the full spectrum of service offerings, specialty niches, and overall risk profiles, we gain valuable insights into claim trends, regulatory requirements and best practices we share with decision makers. Moreover, this knowledge gives us the ability to build enhanced policy wordings, program structures and risk management to achieve the best overall results for our clients.