Ironshore Indemnity Company

 

 

 

 

  • Limits of liability up to $5 Million
  • Several deductible options available, including zero dollar and aggregate deductibles
  • Claims expense outside the limits available for most areas of practice 
  • Claims made & reported, pay on behalf & duty to defend policy form
  • Prior acts coverage available
  • Coverage provided for independent contractors and "of counsel"
  • Broad definition of professional legal services includes notary public, title insurance agent, publication or presentation of research papers or similar materials
  • Coverage extension for lawful spouse, domestic partner, estate and legal representative
  • Predecessor firm coverage included
  • Innocent insured coverage
  • Worldwide coverage
  • Automatic 60 day extended reporting period from termination policy
  • Optional extended reporting (tail coverage) for 1 year, 2 years, 3 years, 5 years and unlimited
  • Free extended reporting related to death, total & permanent disability in addition to retiring attorneys if insured continuously for 3 years with carrier
  • Liberal equity interest exclusion
  • Loss of earnings $500 a day max of $50,000
  • Disciplinary proceedings $25,000 each insured, max of $75,000
  • 50% deductible for settlement of mediated claims
  • Ability to quote from competitors application
  • Eligibility for firms ranging from 1-25 attorneys

Disclaimer:

 

The information provided on this website page is an example of the coverages that may be available from this insurer to a qualified law firm.  Please refer to the actual policy for exact coverage descriptions and limits; exclusions and deductibles that may apply.  Coverages are subject to policy terms and conditions.