Committed to supporting the success of attorneys nationwide, our relationship with AXIS Insurance offers law firms a superior solution to protect their business, livelihood and reputation.
Hatboro, Penn (PRWEB) September 03, 2014
Aon Affinity, the consumer, association and group program business of Aon plc (NYSE: AON) announced today that AXIS Insurance will be the new national program underwriter for Aon Attorneys Advantage, Aon Affinity’s professional liability insurance program for law firms.
“Aon Affinity is very pleased to work with AXIS Insurance to provide an exceptional professional liability solution to law firms nationwide,” said Bill Vit, president and chief executive officer for Aon Affinity. “Committed to supporting the success of attorneys, our relationship with AXIS Insurance offers law firms a superior solution to protect their business, livelihood and reputation.”
The Aon Attorneys Advantage program, underwritten by the member companies of the AXIS group of insurance companies, offers law firms the following benefits:
- Lawyers Professional Liability Insurance from a financially strong insurer. The AXIS insurance companies are rated ‘A+’ (Superior) XV by A.M. Best and ‘A+’ (Strong) by Standard & Poor’s.
- Superior coverage, including the following:
– Non-practicing Extended Reporting Period (ERP) at no additional cost, including the “grandfathering” of current Aon Attorneys Advantage insureds
– Additional Claim Expense of up to $500,000 that helps preserve the limits of liability
– Privacy Breach coverage which now includes forensic analysis and credit monitoring
– Part-time rates and coverage available for attorneys not practicing full time
The program will also provide an array of risk management resources focused on helping attorneys understand their exposures and manage their risks.
“Over the years, Adam Sharaf and his team have built AXIS into a leading underwriter of lawyers professional liability insurance in the U.S. We have a diversified and successful LPL business, and the Aon Attorneys Advantage program is a natural complement for us to further increase our penetration of the market,” said Peter Wilson, chief executive officer of AXIS Insurance. “With in-depth experience, we have been collaborating with Aon to develop competitive product and service offerings available through this program for law firms with one to 25 attorneys,” he added.
Aon Attorneys Advantage has more than 35 years experience in the lawyers professional liability marketplace and currently serves more than 12,000 law firms nationwide.
For more information on the Aon Attorneys Advantage program, please call 800.695.2970 Monday through Friday, 8:30 AM ET to 5:00 PM ET or visit http://www.attorneys-advantage.com.
About Aon Affinity
Aon Affinity is a trade name for Affinity Insurance Services, Inc. Aon Affinity combines the specialized knowledge of affinity program management with the extensive resources of a global company to help clients achieve their goals. With an innovative approach to program strategy, from the design of products and services to the delivery of the marketing message, Affinity offers full-service capabilities; technical expertise and industry knowledge to deliver value to clients. Visit http://www.aon.com/affinity for more information.
Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, best reinsurance intermediary, best captives manager, and best employee benefits consulting firm by multiple industry sources. Visit aon.com for more information on Aon and aon.com/manchesterunited to learn about Aon’s global partnership with Manchester United.
AXIS Insurance is a business segment of AXIS Capital Holdings Limited (NYSE: AXS). AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity attributable to AXIS Capital at June 30, 2014 of $6.0 billion and locations in Bermuda, the United States, Europe, Singapore, Canada, Australia and Latin America. Its operating subsidiaries have been assigned a rating of ‘A+’ (Strong) by Standard & Poor’s and ‘A+’ (Superior) by A.M. Best. For more information about AXIS, visit http://www.axiscapital.com.
The coverage highlights in this release are provided for descriptive purposes only and do not provide a complete summary of coverage. Consult the applicable insurance policy for specific terms, conditions, limits, limitations and exclusions to coverage. Coverage may not be available to all insureds and may not be available in all states and jurisdictions.
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