Berkley Select, a leading provider of professional liability insurance, has launched a new product designed to expand its employment practices liability (EPL) offerings for law firms.
The product, known as AttorneyShield, aims to meet the specific and evolving needs of law firms.
The offering recognises the heightened risks faced by these firms, particularly those related to employment practices, and the necessity for comprehensive protection tailored to their unique structure and operations.
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.”
AttorneyShield is designed for small to mid-sized law firms with up to 100 attorneys. It offers a coverage limit of up to $5m and is available across all U.S. states.
The product includes several key features such as coverage for wrongful employment acts, partnership agreement disputes, breach of contract defence, and third-party harassment or discrimination claims. Additionally, it automatically covers predecessor firms and provides true worldwide coverage.
Berkley Select, with over 30 years of experience, is trusted by employers across the United States for protecting their assets and reputations against a wide array of risks.
The firm specialises 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.
Policyholders will also benefit from Berkley Select’s value-added EPL risk management services, which include access to an online portal with a variety of resources. This includes pre-claims assistance through an HR hotline, compliance apps, and online training courses tailored to state-specific requirements such as harassment prevention, discrimination prevention, and HIPAA compliance.
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