IronPro joins JLT to offer US lawyers' insurance
IronPro, the professional liability division of Bermuda-based insurer Ironshore Inc., has joined forces with Jardine Lloyd Thompson (JLT) Facilities, Inc to offer professional liability insurance to lawyers.
IronPro's new Lawyers Professional Liability Programme will be administered and underwritten by JLT Facilities on an admitted basis on behalf of Ironshore for law firms in selected US states.
"IronPro recognises the largely unmet demand within the legal community to secure broad liability coverages amongst small- to mid-size law firms," said Tom Monaghan, senior vice-president of IronPro. "Our new partnership with JLT Facilities expands our distribution and underwriting of law firms by targeting this segment.
"IronPro's Lawyers Professional Liability product will provide an insurance solution for those firms in need of comprehensive professional liability protection."
IronPro's programme with JLT is structured for law firms ranging in size from one to 25 attorneys, and its broad definition of professional legal services includes notary public and title insurance agent professionals.
"In expanding our programme management business, we continue our efforts to identify core trading partners, such as IronPro that has demonstrated its commitment to professional program management," said Craig Darling, president and CEO of JTL Facilities, Inc.
"JLT Facilities is well-positioned to become the prominent small attorney programme manager in the United States."