Underwriters at Lloyd's provides insurance for law firms that have unusual risk exposures, such as adverse claims history or hazardous areas of practice.
Typical eligible PRIMARY risks
Claims frequency/severity
Difficult practice profiles
Entertainment area of practice
PI plaintiff (including class action)
SEC (Public & Private)
Intellectual Property (Patent not exceeding 25%)
Sanctions and Penalties
Retroactive date repair service
Unique, one-of-a-kind coverage requests
Primary Program Parameters
This program provides capacity to $2,000,000/$4,000,000 (higher limits available)
Deductible: $5,000 Minimum
Best’s A XV rated carrier
Two-way Extended Reporting Period options at 12, 24 & 36 months
Duty to defend wording
Broad definition of claim & legal services
Special Coverages
Disciplinary action - $25,000
Loss of Earnings - $500/day, $15,000 maximum
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.