Amwins Expands Lawyers Liability Program
PRODUCT: Amwins Program Underwriters E&S Lawyers.
COMPANIES: Risksmith Lawyers Professional Liability (LPL) and Amwins Program Underwriters.
BEST RATING: A.
AVAILABILITY: Appointed agents and brokers only.
FOCUS: Amwins recently announced the integration of the Risksmith LPL program into Amwins Program Underwriters (APU), part of Amwins’ underwriting division. The addition strengthens APU’s lawyers professional liability portfolio by expanding its ability to support excess and quota share placements while further enhancing its nonadmitted capabilities.
The integration builds on APU’s existing admitted and nonadmitted offerings, giving retailers more options when placing complex legal professional risks. By combining expanded excess and quota share capabilities with APU’s established program suite, Amwins delivers a more versatile set of solutions to meet a wide range of coverage and placement needs.
COVERAGE DETAILS: The E&S lawyers program offers broad form coverage, including additional coverage for ethics complaints and subpoena coverage. Limits up to $5 million per claims and $10 million aggregate. The excess coverage provides lead or follow-form coverage.
UNDERWRITING: The E&S lawyers program requires a currently signed and dated application and at least five years of currently dated loss runs with claims narratives for open claims. If there are closed claims with indemnity or claims expense payments, the program also requires claims narratives for those. The program also asks agents and brokers to provide a copy of the current policy so they can match the coverage as closely as possible.
TARGET: Offices with five attorneys or more. All areas of practice are considered—ideally, a firm that values coverage and claims service on reasonable terms.
COVERAGE AVAILABILITY: Worldwide.
CONTACT: John Muller, senior vice president, professional lines, Amwins.
Will Jones is IA editor-in-chief.
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