Lawyers PROtect℠

Professional liability coverage for law firms engaged in private practice.

Coverage Highlights

  • Expansive definition of professional services
  • Protection for innocent partners and automatic inclusion of contract, of counsel and former attorneys doing work on behalf of the firm
  • Coverage for prior acts available
  • Disciplinary proceeding coverage
  • Subpoena assistance coverage
  • Third-party cyber liability and social engineering claim coverage specifically included
  • Crisis management expenses
  • Personal and advertising injury
  • Equity interest coverage available for services provided to clients where the firm has up to 5 percent interest in a public company and 25 percent interest in a private company
  • 50 percent decrease in deductible for settlement via voluntary mediation within 180 days of claim
  • Insured’s consent is required to settle. 50/50 modified consent
    to settle clause
  • Broad definition of damages
  • High quality claims service
  • Risk management services available for qualifying risks

Coverage is always subject to all of a policy’s terms and conditions. This is a summary of certain key aspects of coverage. Review the policy form for complete terms and conditions. Products are underwritten by U.S. insurers that are members of Argo Group. Some products are only available through an authorized surplus lines insurer.

Coverage Limits

Policy limits/capacity

  • Maximum capacity: $10 million per claim / $20 million aggregate
  • Minimum deductible: $5,000

Appetite & Availability

Targeted risks

  • U.S. law firms with 10-250 attorneys (primary) or 10 and larger (excess)
  • Admitted product available in most states for qualifying risks (subject to state approval)
  • Non-admitted (surplus lines) product available for hard-to-place risks, including firms with claims issues, difficult areas of practice, disciplinary issues or unusual coverage requests
  • Will consider lead or participating quotashare coverage with qualified carriers

Non-targeted risks

  • Firms with less than 10 attorneys
  • Firms specializing in intellectual property, securities (including
    IPOs), entertainment

Geographic availability

We can write on an admitted basis in the following states:

  • Alabama
  • Arkansas
  • Arizona
  • Colorado
  • Connecticut
  • District of Columbia
  • Delaware
  • Florida
  • Georgia
  • Idaho
  • Indiana
  • Kansas
  • Kentucky
  • Maine
  • Michigan
  • Minnesota
  • Mississippi
  • Montana
  • North Carolina
  • Nebraska
  • New Mexico
  • Nevada
  • Pennsylvania
  • South Carolina
  • South Dakota
  • Tennessee
  • Utah
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Resources Updated

Contact

Kim Noble

Senior Vice President, Underwriting

312-849-6920

Thomas Camporeale

Assistant Vice President, Underwriting, Lawyers' Professional

201-680-7901

Craig Landi

President

201-680-7881