IRMI Main Logo


Home > Glossary

Employed Lawyers Professional Liability Insurance

Employed Lawyers Professional Liability Insurance

Definition

Employed Lawyers Professional Liability Insurance — professional liability insurance covering lawyers who are employed by corporations rather than law firms, or those operating as sole practitioners. The need for such policies arises from the fact that both commercial general liability (CGL) and directors and officers (D&O) liability policies generally exclude coverage for the acts of professionals, including attorneys who work for corporations.
Links for IRMI Online Subscribers Only: PLI Lawyers Liability Exposures, Liability Coverage

Related Products

D&O MAPS

Your comprehensive resource for directors and officers liability exposures and coverage. Easily compare the leading insurers’ policies with detailed analyses of more than 250 D&O forms. Includes the D&O policy explorer. Learn More

Professional Liability Insurance

Your one-stop shop for information about D&O, EPL, Professional liability, and more. The policy analyses and comparisons will help you determine which policies are best, and design the broadest coverage. Learn More

Employment Practices Liability Consultant

Provides the tools you need to develop leading-edge risk management and insurance solutions for these daunting loss exposures. Learn More

The Betterley Report - Cyber and Privacy Insurance

Cyber/Privacy Insurance—This report covers liability for data breaches in which a customer's personal information, such as credit card numbers, is exposed or stolen by a hacker (or other criminal) who has gained access to the firm's electronic network. Learn More

The Betterley Report - Employment Practices Liability

Employment Practices Liability Insurance—This report covers liability arising from the employment process, including: wrongful termination, discrimination, sexual harassment, retaliation, and miscellaneous inappropriate workplace conduct, such as defamation, invasion of privacy, and failure to promote. Learn More

The Betterley Report - Intellectual Property and Media Liability

Intellectual Property and Media Liability Insurance—This report covers the following legal expenses incurred by a business: to defend against lawsuits alleging that it has infringed on a patent, trademark, or copyright; and to pay such costs when its own intellectual property has been infringed upon and must enforce its rights Learn More

The Betterley Report - Private Company Management Liability

Private Company Management Liability Insurance—This is a form of errors and omissions coverage for a privately-held company. It is designed to cover not only directors and officers, but also managers and employees, when they incur liability while performing their duties for the organization. Learn More

The Betterley Report - Technology Errors & Omissions

Technology Errors & Omissions Insurance—This report covers liability incurred by providers of technology services or products, such as data storage companies and website designers. The policies most frequently cover liability for data breaches and other losses not involving bodily injury or property damage. Learn More

Risk & Insurance Package

This is THE reference package for any risk or insurance professional who works in specialty lines. Learn More

The Betterley Report - Cyber 3 Pack

Detailed evaluations of three specialty insurance products: Cyber/Privacy Insurance, Technology Errors & Omissions Insurance, and Cyber Insurance for Healthcare. Learn More

The Betterley Report - Management 3 Pack

Detailed evaluations of three specialty insurance products: Employment Practices Liability Insurance, Private Company Management Liability Insurance, and Intellectual Property and Media Liability Insurance. Learn More

The Betterley Report - 6 Pack

Detailed evaluations of six specialty insurance products: Cyber/Privacy/Media Liability Insurance, Employment Practices Liability Insurance, Cyber Insurance for Healthcare, Private Company Management Liability Insurance, Intellectual Property and Media Liability Insurance, and Technology Errors & Omissions Insurance. Learn More

The Betterley Report—Cyber Insurance for Healthcare

This report provides an overview of the market conditions and coverage trends related to cyber and privacy insurance for healthcare organizations. Readers will not only better understand the cyber exposures faced by healthcare organizations, but they will also be provided with incomparably detailed side-by-side comparisons of the leading insurers writing coverage for this segment. Learn More

Social Media
User ID: Subscriber Status:Free