Free Webinar: Could This Happen to You? Professional Liability Claims and Lessons Learned

Posted by & filed under Events.

Presented by:
Mike Cecere, Vice President, Assistant Claims Manager, Berkley Alliance Managers
John R. Pico, Assistant Vice President, Senior Claims Examiner, Berkley Alliance Managers
Diane P. Mika, Senior Vice President, Risk Management Officer, Berkley Alliance Managers

Thursday, July 10, 2025
10 AM to 10:30 AM Pacific
12 PM to 12:30 PM Central
1 PM to 1:30 PM Eastern

Register Now

In the world of professional liability insurance, claims are inevitable, but being caught off guard isn’t. Join us for an engaging and informative webinar designed to help you stay proactive and prepared.

We’ll explore two real-world claim case studies – one about an insurance broker and the other a property manager—offering practical insights you can apply directly to your business.

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Understanding Claims Reporting: Empowering Brokers for Success

Posted by & filed under BSP Blog.

May 7, 2025

When it comes to helping your client navigate professional liability insurance, it’s essential to be well-versed in all the aspects of the policy including when to contact the carrier and how to report a claim. Whether your client is in Real Estate Services, Insurance Services, or other service industries, knowing the ins and outs of the policy can help your client better understand their coverage and how the policy responds to various incidents that may occur. While it may seem simple, there are nuances to even the basics of a professional liability insurance policy. You’ll be prepared with answers if your client asks the following questions.

When should you or your client contact the carrier?

In addition to reporting a claim, there are several reasons you or your client may need to contact us, such as:

  • Changes to the ownership structure of a firm
  • Acquisitions/mergers
  • Changes to services performed (adding or removing services)
  • Requests for changes in coverage, such as a policy enhancement or exclusion.

What do I do when my client lets me know that they have a claim?

At Berkley Service Professionals, we encourage you to promptly report any claims, potential claims, notices of subpoena, or requests for documentation from a law firm. Doing so will benefit your client and enable the carrier to manage the claim proactively.

It also helps to have something reported earlier so that your client does not admit liability or agree to pay without the carrier’s consent.

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