LawyerGuard has introduced a Surplus Lines primary program to expand our product offering to distribution partners. This new product aims to provide alternative opportunities and expand law firm capabilities.
 

​Program Features:​

• Firm size: U.S. law firms with 6-50 attorneys

• Primary coverage available in all states (excluding Alaska and Oregon)

• $5,000,000 per claim / $5,000,000 aggregate limit

• Worldwide territory (where permissible by law)

• Claims: Lancer Claims Services: www.lancerclaims.com

• Certain Underwriters at Lloyd's, London - Financial strength: rated "A" (Excellent) by A.M. Best

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Coverage Highlights:

• Expansive definition of "professional services" 

• Full prior acts and predecessor coverage available at the underwriter's discretion

• Supplementary coverage available including:

  • Crisis event coverage up to $20,000 per event​

  • Disciplinary proceeding defense up to $30,000 per proceeding

  • Loss of earnings up to $500 per day / $15,000 per claim

  • Subpoena coverage up to $25,000

• Named insured has the right to consent to settlement​

• Reduced deductible for claims settled using mediation

• 50/50 Softened hammer clause

• No deductible for claims arising from pro bono services

• Punitive damages coverage (if insurable under applicable law)

• Various tail options available, such as 1, 2, 3, and 5 years; Free retirement tails; Free death / disability tails

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