branding

Underwriting

Hard To Place Lawyers

Program: Safeguard Your Firm’s Future

Synergy’s Hard to Place Lawyers Program caters specifically to small to medium-sized law firms that are non-renewed or struggle to find coverage in the standard market. This program, non-admitted in all states except Kentucky where we are admitted, offers amend limits up to $5,000,000/ $5,000,000 and deductibles ranging from $2,500 to $5,000. It is designed to address claims frequency and severity, difficult practice profiles such as entertainment law, personal injury including class action and medical malpractice, SEC (public/private transactions), intellectual property, and various other challenging areas.

Additionally, Synergy’s program tackles issues like sanctions and penalties, gaps in coverage including retro date repair, and unique, one-of-a-kind coverage requests. By providing tailored solutions for these complexities, the program ensures comprehensive protection for law firms facing diverse and high-risk exposures. This makes it an invaluable resource for firms needing specialized coverage that is often unattainable through conventional insurance markets.

 

U.S. Law Firms

  • Limits up to $2,000,000/$4,000,000
  • Deductibles start at $5,000 and go up to $250,000


Risk Eligibility

  • Small to medium-sized law firms are non-renewed or cannot find coverage in the standard market. Non-admitted in all states except Kentucky, where we are admitted.


Target Classes

  • Claims frequency/severity
  • Difficult Practice Profiles (Entertainment Law, Personal Injury including class action and medical malpractice, SEC (public/private transactions), Intellectual Property, and many others
  • Sanctions and Penalties
  • Gaps in Coverage, including retro date repair
  • Unique, one-of-a-kind coverage requests


Policy Features

  • Best's A VX-rated carrier
  • Two-way extended reporting period options at 12, 24 and 36 months
  • Duty to defend wording
  • Broad definition of claim and legal services, includes consulting
  • Special coverage available on request (disciplinary action/loss of earnings/independent contractor coverage, true worldwide coverage)
  • Deductible credits for early resolution
  • Soften hammer available 
  • Free risk management hotline
  • Mutual choice of counsel available 

 

Downloads

Hard To Place Lawyers Sell Sheet

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Contact

Michele McCrohan
Senior Vice President
(973) 995-0519
michelem@synergy-ins.com