Darwin launches new professional liability cover

Wed. March 04, 2009; Posted: 05:02 AM

Mar 04, 2009 (Datamonitor via COMTEX) -- DR | Quote | Chart | News | PowerRating -- Bermuda-based Allied World Assurance Company Holdings, through its member company Darwin Professional Underwriters, has rolled out its new admitted, standard market Lawyers Professional Liability product in the US.

According to Allied World Assurance, this new product strengthens Darwin's Lawyers Professional Liability franchise.

The newly designed policy form incorporates key coverage features and enhancements needed by law firms in the small- to mid-size market. Darwin will entertain firms with one to 25 attorneys; all levels of experience; annual revenues of $50,000 or above; and all areas of practice including hard to place business, said Allied World Assurance.

Nicole Haggerty, senior vice president, errors and omissions practice lead for Darwin, said: "With this new policy, we offer a total market solution for brokers throughout the country when placing their lawyer clients' most important protection. Law firms will enjoy the benefits of our expert claim and risk management services, guided by our knowledge of and experience in the industry."

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