LAWYERs PROFESSIONAL LIABILITY INSURANCE

Lawyers Professional Liability

MiniCo’s Lawyers Professional Liability program provides admitted and excess and surplus coverage for attorneys providing professional legal services. Our experienced, knowledgeable staff provides responsive customer service and customized coverage to meet the needs of each policyholder.

Target Classes

Admitted Lawyers Professional Liability

  • 1-20 attorneys with a minimum of one full-time attorney
  • Minimum of three years of experience
  • No coverage for employed attorneys

Excess & Surplus Lawyers Professional Liability

  • Firms with difficult AOPs to include:
  • Environmental
  • Intellectual property (no patent prosecution)
  • Oil and gas
  • Plaintiff including class action
  • Real estate
  • SEC private placement (no public SEC exposure)
  • 1-50 attorneys with a minimum of one full-time attorney
  • Adverse claim history
  • Declined or ineligible for the admitted marketplace
  • Minimum of three years of experience

Coverage Highlights

Admitted Program

  • Ability to quote from competitor’s full application
  • Available in all states except CA, OR, and LA
  • Broad definition of professional legal services including notary public, title insurance agent, and publication or presentation of research papers or similar materials
  • Coverage provided for independent contractors and “of counsel”
  • Disciplinary proceedings
  • Limits up to $5M on eligible accounts
  • Loss of earnings
  • Predecessor firm coverage included

Firms Typically Not a Fit

  • Firms with hazardous AOPs to include:
    • Acquisitions/mergers
      Bonds
    • Collection firms
    • Class action/mass tort
    • Entertainment
    • Environmental
    • Intellectual property (C/P/T)
    • Investment counseling/tax options
    • Oil and gas
    • Medical malpractice
    • Product liability
    • Securities
  • High-net-worth clientele
  • High percentage of revenue generated from one client
  • Joint venture with clients
  • Previous non-renewal due to claim activity/disciplinary action
  • Severe claim or incident activity

Excess & Surplus Lines

  • Ability to quote from competitor’s full application
  • Broad definition of legal services including lawyer, arbiter, mediator, expert witness, title agent, notary public, lobbyist, and publication or presentation of research papers or similar materials
  • Claims made and reported, pay on behalf, and duty to defend policy form
  • Coverage provided for independent contractors and “of counsel”
  • Crisis event expense
  • Disciplinary proceedings
  • Extended reporting options for 1, 2, 3, and 5 years; no cost extended reporting for death, disability, or retirement
  • Limits up to $3M on eligible accounts
  • Loss of earnings
  • Minimum deductible $5,000
  • Nationwide availability
  • Network and privacy breach
  • No deductible for pro bono work
  • Predecessor firm coverage included
  • Prior acts coverage for qualified accounts
  • Privacy breach investigation
  • Reduced deductible for mediated claims
  • Risk management hotline
  • Soft hammer clause
  • Subpoena assistance

 

For more information, download our flyer.

Key Contact

Michael Attanasio

Senior Vice President, Professional Liability