As a law firm executive, you understand the importance of protecting your business from risks. One of the most significant risks that law firms face is related to employment practices. That’s why Berkley Select, a leading provider of professional liability insurance, has launched a new product called AttorneyShield. This product is designed to expand its employment practices liability (EPL) offerings for law firms and meet their specific and evolving needs.

AttorneyShield recognizes the heightened risks faced by law firms, particularly those related to employment practices, and provides comprehensive protection tailored to their unique structure and operations. This product is designed for small to mid-sized law firms with up to 100 attorneys and offers a coverage limit of up to $5m. It is available across all U.S. states and includes several key features such as coverage for wrongful employment acts, partnership agreement disputes, breach of contract defense, and third-party harassment or discrimination claims. Additionally, it automatically covers predecessor firms and provides true worldwide coverage.

Dan Spragg, President of Berkley Select, stated, “As a market leader in employment practices liability, we are thrilled to offer this new and enhanced product for law firms across the country. We understand the ever-evolving risks faced by law firms and have the expertise and superior claims handling reputation to support our policyholders.”

Berkley Select has over 30 years of experience and is trusted by employers across the United States for protecting their assets and reputations against a wide array of risks. The firm specializes in providing professional liability coverage and related services to businesses across various industries. The company’s extensive experience in the market has positioned it as a trusted partner, offering solutions that help protect businesses from significant risks while ensuring peace of mind.

As a law firm executive, you know that your business is unique, and you need tailored insurance coverage to protect it. AttorneyShield provides comprehensive protection tailored to the unique structure and operations of law firms. With this product, you can have peace of mind knowing that your business is protected from risks related to employment practices.

At Riskwolf, we understand the importance of tailored insurance coverage. That’s why we offer parametric insurance that can be customized to meet the specific needs of your business. With Riskwolf, you can turn real-time data into insurance. Using unique real-time data and dynamic risk modeling, we enable insurers to build and operate parametric insurance at scale. Simple. Reliable. Fast.

Read the original article here: https://fintech.global/2024/08/21/berkley-select-launches-attorneyshield-to-enhance-epl-coverage-for-law-firms/