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KEY FACTS

Lawyers Professional Liability

Target Industries Include:

  • Private Law Firms (5-150 Lawyers)

Limits Offered: $5,000,000

  • Geographic Scope: 50 States and Washington D.C
  • Admitted/Non-Admitted: Admitted and Non-Admitted
  • Up to 18 Month Policy Periods and 60 Day Automatic Tail
  • Minimum Premium for Primary Non-Admitted “Legalis Consilium:” $10,000
  • Minimum Premium for Primary Admitted “Legalis Vexillum:” $5,000
  • Minimum Premium for Primary Non-Admitted “Supra Primaria:” $5,000

Ascot Differentiator:

  • Dedicated Risk Management Website for Policy Holders
  • National Panel Council From Wilson Elser Moskowitz Edelman & Dicker

Coverage Features:

  • Primary, Excess, and Quota Share Participation Available
  • Damages Include Pre- and Post-Judgment interest
  • Punitive & Exemplary Damages
  • Firm & Individual ERP Options
  • Built-In Additional Coverages: Disciplinary & Regulatory Proceedings, Subpoena, Crisis Event, Pre-Claim Expense Assistance

Primary Non-Admitted/Collect Protect Program: “Legalis Debitum”

Target Industries Include:

  • Private Law Firms (5-150 Lawyers)
  • Target Sub-Industries: 50% or more AOP must be collections

Limits Offered: $5,000,000

  • Geographic Scope: 50 States and Washington D.C
  • Admitted/Non-Admitted: Admitted and Non-Admitted
  • Up to 18 Month Policy Periods and 60 Day Automatic Tail

Ascot Differentiator:

  • Dedicated Risk Management Website for Policy Holders
  • National Panel Council From Wilson Elser Moskowitz Edelman and Dicker

Coverage Features:

  • FDCPA/FRCA Fines and Penalties Coverage to the Limit
  • $500k TCPA Fines and Penalties
  • Built in 50/50 Hammer, Mutual Selection and Pre-Approved Counsel

Head of Lawyers and Professional Liability (U.S)

Todd Cusano

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Risk Management Resource Center

Ascot has partnered with the law firm Wilson Elser to provide you with a range of risk management tools.

Our lawyers’ resource center is designed to help law firms adopt a proactive approach to risk management that may help reduce professional liability exposures. The website includes information and resources related to risk management, professional ethics, and best practices.

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