Instructor
Candace Coach
Instructor
In her current role at AON, Candace is empowered go the extra mile to help clients navigate their coverage options and make the most informed decisions to protect their firms.
Candace began her carrier in the health insurance industry working on a national account as a Health Care Concierge, before transitioning seven years ago to Professional Liability insurance.
As the accounting profession evolves so too does the risk landscape and your professional liability insurance needs. In this session, we will touch on the need to evaluate your coverage and why, the emerging areas that may add more risk to the services your firm provides, and the policy details you need to pay special attention to when selecting coverage.
Topics include:
Evaluate what you need to protect
- When and why evaluating your insurance needs on a regular cadence makes sense.
- Has your business changed with the profession?
- Will new risks like BOI services and the use of generative AI affect your coverage needs?
Tools to help assess your coverage needs
- How data can help.
- What are firms like you doing to protect themselves.
Three parts of a professional liability policy that can make or break you
- How to determine Limit of Liability.
- The Deductible - Do you go higher or lower?
- What is a claims expense and the difference between an inside vs. outside expense.
Other coverages to help protect your firm & why
- Cyber Liability
- Employment Practices Liability
- Employee Theft
- Business Overhead Expenses
- Commercial Property and Liability
- General Liability
None
