Paragon has built its reputation on being a professional liability broker, and this remains a core competency of the company. Paragon places some of the largest and most sophisticated insurance programs in the world for global, professional firms.
The cost of defending professional liability lawsuits is now more expensive than ever before, which has led to an increase in the limits of insurance purchased by professionals. As a registered Lloyd’s and Bermuda broker, Paragon has access to the world’s leading insurance markets for professional liability risks. The Lloyd’s and Bermuda markets have the ability to provide clients with professional liability limits in excess of $500 million.
Professional liability insurance provides protection for firms against claims brought by their clients for financial loss due to negligence. Those at risk include:
- Insurance brokers
We work closely with many clients in these sectors to minimise their exposure to the risks facing their specific business, and we are recognised as one of the foremost specialist professional liability brokers.