New York, NY (PRWEB) April 07, 2014
The Professional Liability Program Division of Program Brokerage Corporation(PBC), a leading managing general agency (MGA) based in New York, announced today that a new product specifically designed for New York State Law firms with up to 50 attorneys in all areas of practice is now available.
The product, underwritten by an "A" Excellent (AM Best) rated carrier, offers broad, comprehensive lawyers professional liability coverage, and risk management and claims handling services. Features and highlights of this “Admitted Lawyers Professional Liability" program include broad definition of legal services, subpoena assistance, “Loss of Earnings” coverage for attendance at trial or court ordered hearings, and Disciplinary proceedings coverage. Policyholders will receive risk management services provided by Hinshaw & Culbertson LLP, a nationally recognized leader in representing lawyers and law firms.
"There are a shrinking number of insurance carriers writing this business and coverage terms remain inconsistent in this industry," said Maria Treglia, Chief Sales Officer and Senior Vice President, Professional Liability Division of Program Brokerage Corporation. "This new offering provides comprehensive coverage with various enhancements not commonly included in standard policies."
In additional to lawyers professional liability, PBC offers specialized insurance coverage options including Directors & Officers and Errors & Omissions Liability; Employment Practices Liability; Crime/Fidelity; Kidnap & Ransom for law firms and much more.
For additional information or to apply for coverage, please ask your insurance professional to contact Maria Treglia at Program Brokerage Corporation directly at 516-496-1345 or mtreglia(at)programbrokerage(dot)com.
Program Brokerage Corporation (PBC) is a leading MGA ranked among the top 10 in the US that specializes in creating customized solutions for a wide variety of industries, and offers general wholesale products. PBC has programs designed specifically for commercial and residential real estate, bars and taverns, and more. PBC operates out of offices throughout New York, New Jersey, Pennsylvania and Rhode Island area and works with agents and brokers nationwide.
Director, Media Relations