Lawyers Professional Liability Insurance

Overview — Excel Insurance Services, Inc. Lawyers Professional Liability Insurance

Excel Insurance Services, Inc. offers admitted and non-admitted Lawyers Professional Liability (LPL) products for small law firms across New Jersey, Pennsylvania, Delaware, New York and surrounding areas. As a wholesale broker, Excel places LPL with a variety of carriers to provide flexible terms for firms that need tailored coverage, competitive pricing, and specialty underwriting for trusts/estates and transactional practices.

Ideal accounts and appetite

• Small to mid-sized law firms — primary target is firms with 1–10 attorneys.
• Transactional and litigation practices across general civil, real estate, probate, corporate, trust & estate, and title-related work.
• Firms acting as conservators, executors, trustees, title agents or notaries — broader definitions of covered services are available through our carriers.
• We can consider firms with predecessor exposures and typical risk profiles for the region. Accounts with recurrent malpractice history, regulatory disciplinary issues, or complex securities litigation should be cleared with underwriting first.

Coverage highlights and program advantages

• Defense outside the limit available through select carriers.
• First-dollar defense for qualifying accounts.
• Predecessor firm coverage to protect firms that acquired or merged practices.
• Broad definition of professional services — helpful for firms performing fiduciary, title, notary, trustee or executor duties.
• Disciplinary proceeding coverage included with certain programs.
• Bilateral tail options and extended reporting period choices for retiring or transitioning attorneys.
• Reduced deductible options for arbitration and mediation claims.
• Low deductible and split-limit options to fit client budgets and risk tolerances.

Underwriting notes and minimums

Excel works with a range of admitted and non-admitted carriers to match account needs to market appetite. Typical submission requirements include an application, current loss runs, and a résumé of key partners/attorneys. Minimum premium starts at $900.00; final premiums depend on practice mix, gross revenue, prior claims, and requested limits.

Territories and availability

This LPL program is available in DE, NJ, NY and PA. Products are offered in both admitted and non-admitted markets ("All Available Markets") to help place accounts that require admitted paper or excess capacity that may only be available non-admitted.

Why place LPL through Excel Insurance Services, Inc.

• Wholesale broker access — we submit to multiple carriers on your behalf to improve placement success and speed to market.
• Regional underwriting expertise — focus on the tri-state area and surrounding regions helps identify the right carrier fit for local practice patterns.
• Flexible terms — carriers in our panel offer a range of limits, deductible structures, and tail options suited to small firms.
• Responsive service — we work with agents to clarify underwriting questions and secure quotations quickly.

Example placements

You might have a client that is a three-attorney real estate and probate firm acting regularly as title agent and executor. Excel can submit to carriers that offer a broad services definition and predecessor coverage with a low deductible option.

Another example is a solo estate planning attorney seeking disciplinary proceeding coverage and a bilateral tail on retirement — we can present the account to markets that provide those features.