With the growing service-oriented economy in the U.S., and around the globe, a wide variety of industries have emerged. For centuries, there have been industries that provide a “professional service” as compared to the manufacture or sale of durable and nondurable goods - examples include medicine, law and real estate. Yet in the last 100 years, with the explosion of technology and media, the realm of professional services available to businesses and consumers continues to evolve and expand. Many of today’s prominent industries did not exist 25 years ago.
As a service provider, if you deliver services in an actual or alleged negligent manner, it could generate a major exposure to economic loss. With that in mind, click below to begin our 20 statement survey to gain your organization’s IQRM Effectiveness Risk Audit Score as relates to professional liability.