Consulting is all about communication. But what you communicate isn’t always what’s understood. Whether you’re launching new initiatives, disposing of assets, or simply reviewing a business’s operations, advice is subject to interpretation. Even if you’ve done nothing wrong, clients can sue as long as they think you’ve made a mistake or lost their money. And your business agreement might not always cover you for losses.

Professional Liability Insurance can help with that. And if you’re not worried about a lawsuit for “bad advice” or “empty promises”, keep in mind that you’ll still need insurance to secure contracts—some clients won’t even hire you without it. Especially if you work independently.

PROLINK can help. We’ll protect you from any allegations of negligence, error, or misrepresentation, even if the claims made against you are groundless.

Policy highlights include:

• Limitless coverage for defense costs;
• $50,000 of Privacy Breach coverage, including access to Breach Counseling services, Crisis Management, Media Relations Consulting, and Legal Support in the event of a data breach;
• Free legal assist, with a pro bono telephone legal advice service;
• Worldwide coverage; and, more!

Contact PROLINK to learn more today!

Consulting independently gives you the freedom to work the way you want—your business, your time, your pick. But what about your risks? In a field as diverse as management consulting, you’re always liable, especially if you:

• Work from home (your homeowner’s policy might not cover you);
• Use your personal car for business needs, like visiting clients or storing files (commercial vehicles aren’t usually covered under your auto insurance);
• Visit clients at company offices or even their homes (What if you accidentally damage their property?);
• Employ other people (more staff, more room for error);
• Own a small business (the smaller the business, the harder the recovery).

Lawsuits are expensive. Medical expenses, legal bills, and related financial damages can all bankrupt your business and even consume your personal assets if you have to pay out-of-pocket for losses.

Luckily, PROLINK—Canada’s Insurance Connection has you covered with an exclusive Commercial General Liability Insurance program for Management Consultants at an unparalleled rate.

We’ll protect you from third-party claims of bodily injury, property damage, medical payments, advertising injury liability, and tenant’s legal liability.

If you own a consulting business, chances are you also own, rent, or lease office space. Whether it’s a major corporation, an up-and-coming firm with a small staff, or a home-based office, every business has valuable assets. And whether it’s a natural disaster, a power outage, or a break-in, every business is vulnerable to damage.

The cost of repairs and replacing your products can leave a lasting deficit on your business for years to come—for smaller firms, that impact might be financially devastating. Even if you can cover the expenses out-of-pocket, there’s the added blow of losing any income you would’ve earned before having to relocate or close down temporarily to fix the damages. Plus if your new location is out of the way, it might inconvenience your existing clients and keep any new ones away.

And if your office is home-based? Keep in mind that your business and contents might not be covered under your Home & Auto policy, especially for any equipment taken on the road.

That’s where we come in. With over 20 years of serving Management Consultants, PROLINK—Canada’s Insurance Connection has seen it all. We’ll take the time to carefully audit your office contents and ensure that your business property, equipment, and furnishings are protected for their full value. We’ll also make adjustments to your coverage as your business continues to grow so you’re secure no matter what.

According to the CIRA Cybersecurity Report, 80% of Canadian organizations reported experiencing at least one cyberattack that impacted their databases in 2020. Small businesses are particularly vulnerable–recent reports show that despite their size, SMEs comprise roughly two-thirds of all privacy breaches.

Why? Smaller businesses generally have fewer security provisions. Plus, if you regularly work from home, hackers can take advantage of weak cybersecurity through unsafe home Wi-Fi networks, unencrypted connections, and unprotected devices. As a Management Consultant, you may even be more attractive to cybercriminals because of your network, third-party connections, and access to confidential client and employee information.

And when it comes to a breach, data loss is just the tip of the iceberg. The average data breach can cost up to $3.9 million USD. Depending on the damage, your business might also have to pay legal fees, damages, fines and penalties under the PIPEDA Digital Privacy Act, and more–especially if the data lost violates the terms of a client’s NDA.

Data Security and Cyber Breach Insurance can protect you against these losses by providing you with the resources and support you need to get your business back online, rebuild your reputation, and regain your clients’ trust. A dedicated, standalone cyber policy can help you access:

• Legal coaching on how to handle the breach with privacy regulators;
• Legal fees in the case of a civil suit;
• Funds for court-awarded damages;
• Public Relations services for managing the negative reputational impact resulting from the breach;
• Provisions for credit monitoring and client notifications costs in the event of a breach;
• Broader coverage for liability resulting from a client’s corporate information in your care, custody and control. Most other cyber policies only cover privacy breach claims related to personal information.

Contact PROLINK to learn more today!