SYNERGY PROFESSIONAL ASSOCIATES–ANNOUNCE NEW LAWYERS PROFESSIONAL LIABILITY PROGRAMS FOR CANNABIS ATTORNEYS AND EMPLOYED LAWYERS E&O INVOLVING CANNABIS BUSINESSES
June 10, 2020 – Fairfield, NJ – Synergy Professional Associates announces the expansion of their Lawyers Professional Liability programs focusing on small law firms involved in cannabis work.
The new facilities target small private practice law firms from 1 to 10 attorneys. Furthermore, the program focuses on employed lawyers for business involved in cannabis agriculture, manufacture or distribution. The insurance is written by an A + XV non admitted carrier in all 50 states. in all states and employed lawyers for cannabis entities.
Limits available up to $1 million/$2 million. Deductibles starting at $2,5000 per claim.
The private practice policy features coverage for disciplinary proceedings, broad definition of legal services, 30-day automatic ERP along with an option for an aggregate deductible.
Employed Lawyers that work for Cannabis companies, regardless of their service, can apply for coverage under the new employed lawyer’s policy form. $5,000 per claim deductible is the minimum for this line of business.
Synergy has extensive experience writing Lawyers Professional Liability on both a standard and surplus lines basis. According to Michele McCrohan, SVP of Synergy Professional Associates, “…these new products are both innovative and timely, this further expands our portfolio offerings in the legal malpractice space.”
Synergy Professional Associates, Inc. is a program manager, managing general agent, and surplus lines broker specializing in professional liability. Synergy’s highly experienced staff provides exceptional service and quality products to producers throughout the United States. The principals of Synergy have been writing Professional Liability since 1991. Synergy operates on an open broker basis with duly appointed producers.
For additional information contact: Michele McCrohan ([email protected])