Berkley Select’s Nonprofit and Professional Liability teams have collaborated to create an innovative solution that provides comprehensive coverage for organizations offering legal aid services. This new appetite expansion aims to offer a first-of-its-kind coverage for classes of business including bar associations, civil welfare for the public (immigration legal services, housing, disability and veterans’ legal services), as well as advocacy organizations offering legal aid.
“We’re thrilled to add this appetite expansion to our growing product line,” says Bill Fair, chief underwriting officer for Berkley Select. “We have a 30-plus year history of providing directors and officers (D&O), employment practices liability (EPL), and lawyers professional liability (LPL) coverages to a variety of business classes. With our in-house expertise in both underwriting and claims, we are well positioned to provide creative coverage solutions to this space. Hence, the ability to place both D&O/EPL and LPL with the same insurance provider makes the insurance process less cumbersome.”
The value proposition is that nonprofit legal aid organizations now have a reputable and established insurance provider seeking to carve out a space as a one-stop shop for their executive and professional liability needs.
In addition to the strength and stability it offers, Berkley Select provides extensive risk management resources, including dedicated resources for both LPL and EPL policyholders such as hotlines, tools and templates, online training courses, CLE credits, HR compliance and more.
About Berkley Select
Berkley Select is one of the more than 55 businesses of W. R. Berkley Corporation, a Fortune 500 insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess.
Berkley Select underwrites on behalf of Berkley member insurance companies that are rated A+ (Superior), Financial Size Category XV by A.M. Best Company. These Berkley member companies include: Admiral Insurance Company, Berkley Insurance Company, Carolina Casualty Insurance Company, Great Divide Insurance Company, and Nautilus Insurance Company.
For more information about Berkley Select, visit www.berkleyselect.com or email info@berkleyselect.com.