Professional Services

Professional services firms, such as those providing financial, legal, consultancy, architecture and other advisory services, face unique risk, insurance and employee benefits challenges. The intricacies of highly-customized client relationships elicit concerns such as exacting contractual detail, difficult-to-measure accountabilities, litigious and financial exposure and intense intellectual property and cyber security issues. Therefore, the complexity of risk mitigation strategies, including the use of insurance, often requires the same level of specialized knowledge that professional services firms provide to their own clients.

Attracting and retaining the best talent is also an especially challenging task among professional services firms. Human resources departments often deal with a diverse population comprised of traditional employees and highly-compensated partners and executives.  As such, firms are compelled to provide tailored benefits packages that meet the distinct needs of each group. Understanding these differences and knowing the details of complex executive packages is essential to deploying successful benefits programs within professional services firms.

 

Through years of working with leading professional services firms, RCM&D recognizes the nuances and details of creating viable insurance, risk management and employee benefits strategies.  Our Professional Services Practice is dedicated to providing specialized firms with comprehensive solutions designed and managed to meet their specific priorities and requirements.

Client Solutions

Family-owned and operated since 1923, Dunbar is the largest independent armored car company in the nation dedicated to safeguarding valuables.

For five days in July of 2001 a chemical fire raged under the streets of Baltimore City, virtually shutting down the downtown area and rupturing a water main...

For more than 20 years, RCM&D has provided insurance services to Ober Kaler, a well-known law firm with more than 125 attorneys...

 

Ready to continue the conversation? We’d like to. We are eager to discuss your risk and benefits management challenges, your organizational goals, and your appetite for new solutions based on your unique business needs.