Lawyers Professional Liability Insurance Program
Alexander J. Wayne & Associates, Inc. offers a focused Lawyers Professional Liability (LPL) program for retail agents and brokers placing both standard and hard-to-place legal risks. As a wholesale broker, we combine underwriting know-how with access to a select panel of U.S. carriers — including Lloyd's of London — to help you secure competitive, dependable coverage for your clients.
Ideal Accounts and Target Risks
We place firms of all sizes, from solo practitioners to large national practices. Our particular strength is in handling accounts that the admitted market finds difficult or declines. We are effective with higher-exposure or technically complex practice areas such as:
- Bankruptcy law
- Securities and corporate finance
- Taxation
- Entertainment and sports law
- Intellectual property
- Plaintiff bodily injury litigation
- Environmental law and complex real estate transactions
- Criminal defense
- Mergers & acquisitions
- Family and domestic relations law
- Oil & gas and public utilities
- Other niche or specialty practices
Coverage Highlights and Advantages
Our LPL program is designed to protect law firms from claims arising from alleged professional errors, omissions, or negligence. Coverage can be tailored to address the unique exposures of legal practice, with policy features and limits that reflect the firm’s risk profile.
- Access to both admitted and non-admitted markets depending on state and carrier appetite
- Customized placement strategies for declined, complex, or multi-jurisdictional risks
- Experienced wholesale underwriting team focused on legal professional liability
- Ability to consider firms with prior claims, disciplinary issues, or unconventional practice mixes
Underwriting Notes
Each submission is evaluated on its specific exposures, practice areas, and claims history. We work with you to collect the necessary information and package submissions to the carriers most likely to respond favorably. Typical requirements include a completed application, loss runs (if applicable), and a description of the firm’s practice mix and management controls.
Minimum premium requirements and other terms vary by carrier and risk; we aim to find flexible solutions that balance breadth of coverage with market availability.
Territories and Availability
This program is available in most U.S. states. We actively place business in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, and WY. Availability and admitted/non-admitted options depend on carrier appetite and state regulations.
Why Work With Alexander J. Wayne & Associates?
With decades of experience in professional liability, Alexander J. Wayne & Associates brings focused underwriting expertise and strong carrier relationships to help you place challenging legal risks. Our team provides responsive service, practical submission guidance, and targeted market access to improve placement outcomes for your clients.
Example Accounts You Might Place
- A mid-sized firm with a heavy securities practice and recent regulatory inquiries that was declined by standard admitted markets — you can submit with us for specialized underwriting and non-admitted options.
- A solo intellectual property attorney with a prior malpractice claim seeking retroactive coverage and flexible limits — we can present the submission to carriers that evaluate complex claim histories.
Call us to discuss specific accounts and to determine the best submission strategy for your clients.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program suits law firms of any size, especially those practicing in higher-risk specialties such as bankruptcy, securities, IP, or plaintiff bodily injury where placement in the admitted market may be difficult.
Can you place coverage for firms with prior claims or disciplinary actions?
Yes. We specialize in hard-to-place risks and frequently work with firms that have prior claims, disciplinary history, or other underwriting challenges.
Are both admitted and non-admitted markets available?
Yes. We have access to a mix of admitted and non-admitted carriers, including specialty markets, depending on the state and the account’s profile.
Is coverage available nationwide?
We offer this program in most U.S. states and Washington, D.C. Specific availability varies by carrier and state regulations.
What is required to get a quote?
Typically we need a completed application, current loss runs (if any), and details about the firm’s practice areas and management. Our wholesale team will work with you on submission requirements.
Need help placing an account? Connect with a market specialist.