Products
Darwin
Darwin is committed to being the “Go To” market in the Standard lawyers segment by targeting, attracting and retaining standard risks with competitive rates and streamlined processing. We are able to entertain firms with 1 – 25 attorneys (all levels of experience) and annual revenues of $50,000 or above.
Eligible Risks
Darwin utilizes a multi-tiered strategy where firms are grouped according to their risk
characterics and loss experience.
- All areas of practice (AOPs) are eligible, except Patent Prosecution
- Other factors considered for segment eligibility:
- Claims history relative to firm size
- Fee suits
- Accounts receivable
- Client concentration
- Staff/Attorney ratios
- Firm revenues
- Tier 1 Risks: Aggressive pricing with just a short form application (there are no supplements,
no additional underwriting, no manuscript endorsements or account customization)
- Tier 2 Risks: Competitive pricing with a short application (minimal supplements based on
AOP, limited customization is available)
- Tier 3 Risks: Standard pricing with short application (supplements required, customization
available). Includes greater latitude for prior claims (severity and/or frequency) and
customization of coverage.
Features & Highlights
- Several retention options are available, including zero and aggregate retentions
- Claims Expenses Outside Limit (CEOL) available
- Broad definition of Legal Services includes title agent, notary public, escrow agent, member
of accreditation/ethics, peer review and/or licensing boards, and author/publisher of legal
research articles or papers
- Broad definition of Claim includes civil proceedings, administrative proceedings and requests
to toll or waive the statute of limitations
- Coverage for violations of various privacy laws, including up to $25,000 notice and credit
monitoring costs for no additional premium
- Coverage for Predecessor Firms, Independent Contractors and Of Counsel
- Outside Directors Liability coverage built in to the insuring agreement
- Broad definition of Damages specifically includes pre- and post-judgment interest
- Additional limit for disciplinary actions ($20,000 aggregate)
- Additional limit for lost earnings ($500 per day/$5,000 per claim/$20,000 aggregate)
- Innocent Insured coverage
- Extended reporting period (ERP) options available, including disability, death, and cessation of practice
- No pollution, mold or asbestos exclusions
- Worldwide coverage
Features & Highlights
Risk Management
Darwin offers valuable loss control services and risk management information to its lawyers professional liability policyholders. We partner with the law firm of Hinshaw and Culbertson, LLP to support a firm’s organizational risk management efforts by developing risk management strategies that evolve to meet everyday professional challenges. Many of the following services are available to our insured lawyers at no additional charge:
- Risk management web site and CLE programs
- Email alerts and The Lawyers’ Lawyer Newsletter
- Risk management hotline
- Risk management/loss control audits
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