LAWYERS PROFESSIONAL LIABILITY
There are four dominant marketing channels for lawyers professional liability:
1.) Attorney’s Liability Assurance Society (ALAS) dominates the market for law firms with 35 or more lawyers. The facility provides high limits and has engendered loyalty from the member firms.
2.) Bar Association-sponsored insurers write Lawyers Professional Liability (LPL) business in a given state for all sizes of member firms, including sole practitioners.
3.) State administrators administrate programs on behalf of national insurers in a single or several states. The administrators typically act as both retail and wholesale broker.
4.) Open brokerage business.
Cincinnati Intermediaries can easily assist you in placing business in the last category, and we are generally most effective on the mid-sized firms. We can find coverage solutions for firms with Intellectual Property practices, Real Estate work and other practices which may vex some underwriters.