Consulting company gather a wide range of services. Basically it is when an expert in its domain sell his professional advices to a company or an individual for fees.
It can be legal, architecture, marketing specialist, hospitality, etc….
All those specialists in their fields see their main risk in their liability to deliver the service expected and agreed with their clients.
In case of failure, financial consequences can rise very fast (legal, indemnity, etc…)
To cover those risks, they must subscribe a Professional Liability Insurance also called Professional Indemnity.
Besides this, here are a set of cover that shall study any Consulting Company to limit their risks.