The last time we surveyed BV practitioners and firms about their E&O insurance, we found that available policies and products had not kept pace with the profession. As one respondent complained, “What IS available is quite expensive and covers only a tiny fraction of what I do.” Said another: “I've been looking but can't find anything that seems to be focused on our industry as BVs.”
Has the insurance industry caught up to the increasing specialization of the BV practice? Have the high prices risen even higher? These are more of the questions that Mike Crain (The Financial Valuation Group) and Gail Markham (Markham Norton Mosteller Wright & Co.) along with attorney Michael Corso (Henderson Franklin) are exploring in their online survey, which we’ve now posted to the BVWire News page. The trio will present their findings in their session on the same topic at the AICPA's Forensic & Valuation Services Conference this November in Orlando, Fla. The survey won’t take long and concerns a critical aspect of practice management; to participate, please click here now.
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