Hard to Place Lawyers Professional Liability Program
Offered by Synergy Professional Associates
Lawyers Professional Liability Hard To Place Lawyers Lawyers With Claims Intellectual Property Bar Complaint Entertainment Law Real Estate Law Hard To Place Excess Lawyers Lawyers MalpracticeDescription
Synergy’s Hard to Place Lawyers Program caters specifically to small to medium-sized law firms that are non-renewed or struggle to find coverage in the standard market. This program, non-admitted in all states except Kentucky where we are admitted, offers amend limits up to $5,000,000/ $5,000,000 and deductibles ranging from $100k, aggregate deductibles on small firms; per claim (aggregate also available). It is designed to address claims frequency and severity, difficult practice profiles such as entertainment law, personal injury including class action and medical malpractice, SEC (public/private transactions), intellectual property, and various other challenging areas.
Additionally, Synergy’s program tackles issues like sanctions and penalties, gaps in coverage including retro date repair, and unique, one-of-a-kind coverage requests. By providing tailored solutions for these complexities, the program ensures comprehensive protection for law firms facing diverse and high-risk exposures. This makes it an invaluable resource for firms needing specialized coverage that is often unattainable through conventional insurance markets.Â
Policy FeaturesÂ
- Best's A VX-rated carrier
- Two-way extended reporting period options at 12, 24, and 36 months
- Duty to defend wording
- Broad definition of claim and legal services, includes consulting
- Special coverage available on request (disciplinary action/loss of earnings/independent contractor coverage, true worldwide coverage)
- Deductible credits for early resolution
- Soften hammer available
- Free risk management hotline
- Mutual choice of counsel availableÂ
Eligible Risks
- Firms with claims frequency/severity
- Firms with ethical issues
- Firms with any of the following area of practices:
- Entertainment
- Environment
- PI Plaintiff
- SEC
- Intellectual Property (Patent Copyright/ trademark)
- Class Action
- Firms requiring Retro Repair
Details
$2M Maximum Premium
$100K Minimum Premium
Has Pen
Carrier Information
Underwriters at Lloyds
Non-Admitted
Listing Contact
Michele McCrohan Sr. VP
Offered By
Downloadable Files
Availability 50 states + DC
Covered
Not Covered
