Popular Searches:  AIG  china  sunamerica+aig  LIFE  financial  health

AIU Holdings’ Executive Liability Division Launches Lawyers Professional Liability Program in Conjunction with Administrators for the Professions of Delaware

 

Thursday, Jul 23,2009, 2:49:52 PM   Click:

NEW YORK--(BUSINESS WIRE)-- AIU Holdings' Executive Liability Division, in conjunction with Administrators for the Professions of Delaware, Inc. (AFPD), today introduced a comprehensive Lawyers Professional Liability Program designed for firms with 25 to 100 attorneys. This program provides broad coverage for attorneys and includes crisis management coverage to help mitigate damage to a law firm's reputation.

"Attorneys need efficient and far-reaching protection against the damaging effects professional liability claims can have on both their finances and reputations. Our new program delivers that protection across the broad range of professional liability exposure that lawyers face," said Tracie Grella, President of Professional Liability, a unit within AIU Holdings' Executive Liability Division.

The program, offered exclusively through AFPD, covers a firm's partners, employed attorneys, attorneys under contract from an outside agency and independent contractors for claims that allege wrongful acts, errors or omissions arising from the provision of legal services.

Crisis management coverage, which is automatically included with the program, provides up to $50,000 toward the fees of a public relations firm to manage media communications in response to a professional liability claim. Coverage is also provided for claims alleging personal injury, fiduciary liability claims arising from legal services, claims arising from pro bono work, loss of earnings when attending a trial or arbitration, and defense costs incurred for disciplinary hearings.

AFPD is a leading Program Manager/MGA for professional liability programs nationwide. AFPD has over 18 years of professional liability program management and claims handling experience, including over a decade of experience underwriting lawyers professional liability insurance programs and managing these specialized claims. AFPD is a member of the National Association of Professional Surplus Lines Offices, Ltd (NAPSLO) and the Professional Liability Underwriting Society (PLUS).


To learn more about the Lawyers Professional Liability Program, contact AFPD at 800-870-7750 or underwriters@afpd.net, or send an e-mail to Executive Liability at executiveliability@aiuholdings.com.

AIU Holdings is a leading property casualty and general insurance organization serving more than 40 million businesses and individuals worldwide. With a 90-year history, more than 500 products and services, deep claims management expertise, and excellent financial strength ratings, AIU Holdings enables individual consumers, entrepreneurial businesses, and large multinationals alike to manage virtually any risk with confidence. Our insurance and risk management products and services are provided through insurance brokers, agents, and other distribution partners around the globe.

AIU Holdings is the marketing name for the worldwide property casualty insurance operations of AIU Holdings, Inc. and AIU Holdings LLC. For additional information, please visit our website at www.aiuholdings.com. In the United States, all products are written by insurance company subsidiaries of AIU Holdings, Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. Non-insurance products and services may be provided by independent third parties.





AIU Holdings

Marie Ali, 212-458-2536

Source: AIU Holdings, Inc.

  • Print

You may also be interested in:

Discuss this news

Click Here to see all comments
Please aware of self to obey the Internet related policy laws and strictly forbid to release porn, violence.
Appraisal:

Name:

Email:

Content:

Featured

Massachusetts Gov. Deval Patrick has proposed reforms that include expanding the authority of state insurance regulators by allowing review of health insurance premium increases before they take

Mass. Gov. Wants to Expand Power of Regulators to

Massachusetts Gov. Deval Patrick has proposed reforms that include expanding

Copyright: U.S. Newswire Corp. Source: U.S. Newswire Wordcount: BC-Reeve-paralysis-survy To: NATIONAL EDITORS Contact: Jennifer Dickson of the Christopher and Dana Reeve Foundation, +1-202-466-9633,

Reeve paralysis survy

Copyright: U.S. Newswire Corp. Source: U.S. Newswire Wordcount:

American International Group Inc. offers some living-benefit guarantees to policyholders on stock-market linked variable annuities, but the insurer may not easily attract buyers to its SunAmerica

AIG May Not Attract Buyers to SunAmerica U.S. Variable

American International Group Inc. offers some living-benefit guarantees to

Insurers are showing signs of trying to adapt their business models to issues related to climate change, but more work needs to be done as environmental liabilities increase, according to a report by

Property/Casualty Insurers Lead In Adapting To Climate

Insurers are showing signs of trying to adapt their business models to issues

The Colorado Department of Regulatory Agencies has revoked Colorado Springs insurance agent Jan M. Siroky's insurance license and fined him $30,500.DORA officials said he defrauded consumers by

Colo. Department of regulators Insurance Agent 'Strips

The Colorado Department of Regulatory Agencies has revoked Colorado Springs

SEATTLE, March 24, 2009 / PRNewswire via COMTEX / -- Milliman study: five years of earnings pension company disappeared in 2008 - Plan assets invested in equities fell from 55% to 44% SEATTLE, March

Milliman study: five years of earnings pension company

SEATTLE, March 24, 2009 / PRNewswire via COMTEX / -- Milliman study: five years

WASHINGTON_The insurance lobby won't be able to block a public health plan because most Americans realize they would be better off if the industry had competition, HHS Secretary Kathleen Sebelius

AP INTERVIEW: Sebelius says insurers won't succeed

WASHINGTON_The insurance lobby won't be able to block a public health plan

MOST POPULAR