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:
"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.
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