IronPro Enters into Joint Program with JLT Facilities to Provide Legal Liability Coverages

- New Program For Legal Firms With Less Than 25 Attorneys -

HAMILTON, Bermuda--(BUSINESS WIRE)-- IronPro, the professional liability division of Ironshore Inc, has entered into a joint relationship with Jardine Lloyd Thompson (JLT) Facilities, Inc. to offer Lawyers Professional Liability (LPL) Insurance. IronPro’s new Lawyers Professional Liability Program will be administered and underwritten by JLT Facilities on an admitted basis on behalf of Ironshore for law firms in selected states nationwide.

“IronPro recognizes 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 Program with JLT is structured for law firms ranging in size from 1 to 25 attorneys, and its broad definition of professional legal services includes notary public and title insurance agent professionals. Policy deductible options are available at zero dollar and aggregate levels. Optional extended claims reporting periods can range from one to five years or on an unlimited basis. Extended reporting also can be incorporated into program policies relating to death, total and permanent disability, and for retiring attorneys if the individual has been an insured for a continuous 3-year period.

“In expanding our program 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, JLT Facilities, Inc. “JLT Facilities is well-positioned to become the prominent small attorney program manager in the United States.”

About Ironshore

Ironshore provides broker-sourced specialty commercial property and casualty coverages for risks located throughout the world. Through its platform in Bermuda, including Iron-Starr Excess, Ironshore writes property and excess casualty insurance for global commercial risks. Ironshore’s U.S. operations write commercial property and casualty insurance, including a variety of coverages in the Management & Professional Liability, Healthcare Liability, Construction and Environmental specialty areas, as well as Energy Property and Casualty within its Global division. Specialty coverages are underwritten at Lloyd’s through Ironshore’s Pembroke Syndicate 4000. The Ironshore group of insurance companies is rated A- (Excellent) by A.M. Best with a Financial Size Category of Class XI. Syndicate 4000 operates within Lloyd’s where the market rating is A (Excellent) by A.M. Best and A+ (Strong) from both Standard & Poor’s and Fitch. For more information, please visit www.ironshore.com.

About Jardine Lloyd Thompson (JLT) Group

JLT Group is an international group of Risk Specialists and Employee Benefits Consultants and one of the largest of its kind in the world. JLT Group offers a distinctive choice to its clients and partners through a combination of independence, scale and specialization. JLT Group has more than 6,000 employees in over 36 countries. JLT Facilities provides insurance solutions on an open brokerage basis to licensed insurance professionals and organizations in every state within the U.S. For further information, contact Michael Attanasio at (800) 998-5545; email at [email protected]; or visit www.jltfacilities.com

The description(s) herein is a summary only, and does not include all terms, conditions and exclusions. Issuance of coverage is subject to underwriting and not all coverages or products are available in all states. Coverage depends upon the actual facts of each case and the terms, conditions and exclusions of each individual policy. Policy terms may vary.Risks placed with a surplus lines insurer must be placed in accordance with individual state surplus lines and other applicable laws and may only be obtained through duly licensed surplus lines brokers. Surplus lines insurers do not generally participate in state guaranty funds and insured's are not protected by such funds.The information contained herein is for informational purposes only and does not constitute an order to sell or a solicitation.

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TorranceCo
L. Gaye Torrance, 212-691-5810
cell: 862-215-7631
[email protected]

Source: JLT Facilities, Inc.