Professional Services Insurance for New Zealand Consultants and Advisors
From professional indemnity and public liability to cyber, management liability and contract obligations, Marble helps professional services firms structure cover around advice, data and client risk.
“Professional services businesses do not insure stock or vehicles. They insure advice, data and reputation.”
Professional services firms – consultants, agencies, advisors, engineers, IT firms, designers – sell knowledge. The risks attach to advice, deliverables, data and the contracts that wrap around them.
A single dispute, allegation or breach can affect the firm's reputation, cash flow and ability to win the next contract. Cover structure matters as much as cover existence.
An adviser who understands professional services will start with what you sell, who you sell to, and the contracts you sign – and structure cover around that.
Professional Services – operating reality
Common risks we help you plan for.
Allegations of negligent advice
Disputes around scope, deliverables and outcomes.
Cyber incidents and email compromise
From ransomware to invoice redirection.
Data breach and privacy exposure
Especially where client data is held.
Director and officer exposure
Decisions and actions of directors and senior management.
Contractual liability
Liability assumed under client contracts.
Public liability
Third-party injury or property damage relating to operations.
Cover that may be relevant for your business.
Professional indemnity
Cover that may respond to allegations of negligent advice or service.
Public liability
Cover for third-party injury or property damage.
Cyber insurance
Cover that may respond to certain cyber events.
Management liability
Cover for certain director, employment practice and statutory exposures.
Material damage and business interruption
Cover for office fit-out, equipment and revenue after an insured event.
The right insurance mix depends on your business structure, contracts, assets, staff, revenue, claims history and risk profile. Marble can help you review what is appropriate for your situation.
Where a Marble adviser can help.
Reviewing professional indemnity wording against the work you actually do.
Checking client contracts for liability and insurance obligations.
Reviewing cyber exposure given current systems and data.
Reviewing management liability for director and HR exposures.
Supporting claims conversations during disputes or incidents.
Helping compare options across insurers where appropriate.
The dispute that arrives twelve months after the project ended.
A client raises a formal complaint about advice provided a year earlier. Even a well-handled dispute consumes time, attention and legal cost.
Whether professional indemnity responds – and how – depends on policy wording, retroactive cover and how the matter is notified. The structure of cover quietly decides the outcome long before the dispute appears.
Professional Services insurance – common questions.
Get your cover reviewed before you need to rely on it.
A quick conversation with a Marble adviser can help you understand whether your current insurance still matches your business, your risks and your next stage of growth.
Other sectors we work with.
Cyber
Cyber attacks, email compromise and the assumption that small businesses are too small to be a target.
Property Owners
Commercial buildings, rental portfolios and the rebuild costs nobody wants to discover late.
Retail
Stock, theft, ecommerce and the seasonal cash flow that magnifies any loss.