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I think this question relates to your previous question, which was "Are consulting firms always reliable?" As Abby noted: In other words, consultants can guarantee the quality of their advice, but can't guarantee results. Could consulting firms provide insurance? Theoretically yes, however it would expose consulting firms to additional risks. Typically consulting fees are paid for a consulting project, and then the project comes to an end. Insurance premiums, on the other hand, are paid on a regular basis, and so a consulting firm would need to remain involved with the client over the longer term in order to monitor the health of its business. Insurance companies are able to provide insurance because they insure a large number of customers, and the risk that each will suffer loss is small. A consulting firm would not be able to provide insurance at the required scale unless it became a fully fledged insurance company.