Everest Insurance, a division of Bermuda-based reinsurer Everest Re, has announced the launch of Everest Elevation’s new Lawyers Professional Liability Policy.
The policy is designed to provide law firms with liability coverage for financial loss suffered by third parties arising from acts, errors, and omissions in providing legal services.
Everest Elevation was launched to addresses the coverage needs of law firms by providing market leading terms and conditions while offering a variety of coverage enhancements, including expense reimbursement for crisis events, disciplinary proceedings, security incidents, and subpoena compliance.
“Everest Elevation® has been created with the emerging issues and evolving needs of mid to large size law firms in mind,” stated Rob Diziki, Vice President, Professional Liability.
“The Everest Insurance underwriting teams are committed to providing our insureds with a tailored product designed to cover defense costs and settlement payments arising from malpractice allegations.”
