Client: A San Gabriel Valley CPA and accounting firm · Coverage: Professional Liability (E&O) $1M + General Liability $1M/$2M · Status: Renewed
The problem
The firm's claims-made errors & omissions policy and its general liability came due together. Any gap in a claims-made policy can wipe out coverage for past work.
How Pierce helped
- Renewed both policies with Berkshire Hathaway on the same effective date
- Kept the 2019 retroactive date so prior acts remained covered
- Reminded the client to report any potential claim circumstances before renewal
The result
Both policies renewed for 08/20/2026 to 08/20/2027 at a combined $1,768.02, unchanged from the prior year, and the client paid the same day the renewal was presented.
Why it worked
Keeping the retroactive date and renewing on time protected years of prior professional work at no extra cost.
Related coverage
Errors & Omissions (E&O) Insurance · Professional Liability Insurance · General Liability Insurance
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Client names and identifying details are withheld for privacy. This story is based on an actual account handled by our agency, as documented in our files. Coverage, pricing and results for your business depend on your own details.