Malpractice Insurance for Attorneys
New Lawyers Professional Liability Insurance for Attorneys Program Expands Options for Firms Some Consider "Hard to Place"
Has your firm been unable to secure lawyers' professional liability insurance coverage due to practice specialty, claim activity, disciplinary history or other unusual risk factors?
Brunswick Companies has several plans specifically designed to offer affordable coverage to law firms who have been turned down or priced out of the market by standard carriers.
A Customized Evaluation of Your Exposures
Anyone can make a mistake, and even a single instance of disciplinary action or a single claim will cause some insurers to classify a firm as "hard-to-place."
Designed for firms of one to fifteen attorneys, this program is most likely to benefit law firms fitting one of the following profiles:
- Have experienced a single, large "shock-loss" claim.
- Specialize in "high-risk" areas of practice such as plaintiff law (other than class action). For instance, if your firm specializes in automobile accidents and/or personal injury cases, you may qualify.
- Firm attorney(s) have experienced disciplinary actions or grievances.
- Recently declined or canceled.
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Our established relationships allow us to align your insurance needs with the right insurer; our industry contacts ensure you receive the best price.
We provide improved access to:
- A wider selection of reputable domestic and foreign insurers with proven integrity and financial stability
- Experienced advice in the underwriting standards of various insurers; this saves you time in the application process
- Unlimited capacity to place coverage
- A knowledge network that can provide in-depth analysis of your industry
Move Beyond Traditional Malpractice Insurance for Attorneys Policy Placement
For larger firms or firms with more complex risk issues, Brunswick Companies can provide a wider range of solutions for your insurance needs, including both traditional and custom products.
The Advantages of Utilizing Brunswick Companies Include:
- Improved access to a wider selection of reputable domestic and foreign insurers with proven integrity and financial stability
- Depth of experience in the underwriting standards of various insurers; this saves you time in the application process
- The "know-how" to customize coverage to meet your firm's needs
We design a malpractice insurance placement and risk management solution specifically tailored for the attorneys in your firm. Our clients benefit from the complete arsenal of cutting-edge risk transfer and retention techniques developed in the risk management departments of many Fortune 500 companies, as well as numerous professional firms in various disciplines.
Brunswick Companies recognized that firms may react to such an occurrence in different ways. The key to this program is the ability of our team of professional liability underwriters ; we evaluate not just the risk factors, but also the steps a firm has taken to avoid a recurrence. Most insurers don't offer this customized evaluation.
We have decades of experience in creating customized professional liability programs for professional groups and associations. By partnering our underwriting expertise with the financial strength of an A-rated carrier, we have developed a plan that provides an alternative to the standard professional liability carriers. Many insurers automatically decline coverage to lawyers who have certain risks. As experienced risk managers, our team of professional liability specialists can analyze your firm's status and individually rate your exposure. Often, we can offer a plan with manageable rates.
Your Outsourced "Chief Risk Officer" Most importantly, we create a partnership with our clients. Our job doesn't end when your lawyers professional liability coverage is in place — we are dedicated to an on-going relationship. You can depend on your account manager to keep you informed regarding issues and developments in the areas of professional liability insurance and risk management, to provide the answers you need and to continually manage your insurance exposures:
- Staying involved during the professional liability insurance claims process and work closely with panel defense counsel to minimize end cost
- Providing on-going counseling, strategy and advice
- Acting as your intermediary with the insurer
- Supporting you in insurance-related litigation
Download a Brochure Now to learn more about how Brunswick Companies can help you improve the cost-effectiveness of your Professional Liability Insurance Plan.
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