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 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 www.aon.com/affinity
for more information.
About Aon
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 www.aon.com
for more information on Aon and www.aon.com/manchesterunited
to learn about Aon’s global partnership with Manchester United.
About AXIS
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 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.
Copyright Business Wire 2014