Professional liability

Our cyber liability solution, Data Insure, from Ironshore provides critical first- and third-party protection against a variety of network security and privacy exposures due to ransomware, malware, data breaches, social engineering, and more.

Coverage highlights:

• Notifying individuals of a data breach and providing credit monitoring services
• Complying with regulatory proceedings, fines, and penalties
• Lost revenue due to network loss
• Restoring data and network equipment
• Paying cyberextortion ransoms
• Lawsuits alleging failure to protect customers’ information due to theft, unauthorized access, viruses, or denial of service attacks of your computer system
• Lawsuits alleging acts such as libel, slander, defamation, invasion of privacy, and copyright infringement
• Unintentional breach of a written contract
• Unauthorized collection
• Full limits for bricking incidents
• Complimentary access to risk-management portal operated by ePlace Solutions

Optional coverages:

• System and dependent failure
• Social engineering
• Funds transfer fraud
• Invoice manipulation
• Reputational harm
• Voluntary shutdown
• Cryptojacking

Design-build contractors can face an array of liability risks in the course of providing professional services. Our designers and contractors professional liability (DCPL) solutions from Ironshore help protect design-build contractors against claims alleging defects or other mistakes while providing professional services.

Coverage highlights:

• Primary and excess limits: $5M for risks with $250M or less gross revenue
• Protective and rectification coverages are available.

Additional solutions:

• Designers and contractors professional and pollution liability (DCP2). This coverage combines DCPL professional liability with contractors pollution liability available on a claims made or occurrence basis.
• Owners protected and professional indemnity (OPPI). Offers added protection to the owner over the design professionals’ or contractors’ professional liability policies. OPPI policies help safeguard project owners against damages resulting from first- and third-party claims of negligence when the design professionals’ or contractors’ primary policies are unable to respond fully to a judgment because of exhausted or insufficient limits of insurance.
• Project-specific professional liability coverage. This policy provides dedicated limits for the design team and/or the design-build contractor.

Target classes:

• Preferred practice classes: civil contractors, communication contractors, electrical contractors, HVAC/mechanical contractors, commercial general contractors
• Selective practice classes: machines/equipment contractors, process engineers/contractors, soil and geotech contractors, structural contractors, residential general contractors
• Preferred project types: municipal, manufacturing/industrial hospitality, institutional, apartments, retail and commercial, infrastructure (roads/bridges/rail)
• Selective project types: heavy civil, convention centers, stadiums, arenas, oil and gas downstream, casino and resorts, residential

Our lawyers professional liability insurance solutions from Ironshore help protect law firms, attorneys, and their staff from claims alleging errors, omissions, or other wrongful acts in providing legal services to clients. We provide coverage to more than 100,000 lawyers, many of whom are included on the 2020 Am Law 100 report.

Primary coverage highlights:   

• Capacity up to $15M
• Duty to defend policy with ability to write on an indemnification basis
• Insureds include all past and current attorneys, as well as all part–time, temporary, and contract attorneys for services performed for the named insured
• Worldwide coverage

 Excess coverage highlights: 

• Capacity up to $15M
• All areas of practice considered

Target classes:

• Law firms and in-house corporate counsel (employed lawyers product also available)
• Minimum of 10 attorneys

Our miscellaneous liability insurance solutions from Ironshore help protect professional service providers and their employees from claims alleging wrongful acts, errors, or omissions in the course of their work.

Coverage highlights:    

• Coverage tailored to meet the unique needs of each service provider
• Primary capacity up to $20M
• Excess capacity up to $20M
• Insureds include independent contractors
• Punitive damages coverage
• Personal injury torts
• Supplemental payments, including pre-claims assistance
• Spousal and domestic partner liability
• Worldwide coverage

Optional coverages:

• Contingent bodily injury/property damage
• Copyright or trademark infringement coverage
• Claims expenses outside the limit

 Target classes:

• Accountants (excess only)
• Claims adjusters
• Compliance consultants
• Executive/employee search firms
• HR consultants
• Insurance agents and brokers (MPL-FI)
• Management consultants
• Marketing firms
• Real estate agents and brokers (representing buyers/sellers of residential or commercial properties)

Our Tech Insure solution from Ironshore helps protect technology businesses against claims related to errors, omissions, network and privacy security, and other professional and cyber liability exposures.

Coverage highlights:     

• Technology errors and omissions
  • Technology wrongful acts include:
    • Unintentional breach of contract
    • Coverage for technology services and technology products
    • Copyright infringement (including software copyright
  • Coverage for outstanding fees owed to the insured
• Miscellaneous professional liability
  • Coverage for intellectual property infringement
  • Carve back to breach of contract exclusion arising out of professional services
• Privacy and network security liability
• Media liability
• Regulatory proceedings, fines, and penalties
• Privacy breach expenses
• Network asset loss
• Ransomware and network extortion threat
• Business interruption
• Dependent business interruption
• Worldwide coverage
• Primary or excess coverage available
• Complimentary access to risk-management portal operated by ePlace Solution

Optional coverages:

• System and dependent failure
• Social engineering
• Funds transfer fraud
• Invoice manipulation
• Reputational harm
• Voluntary shutdown
• Cryptojacking