Professional Liability Overview

In today's fast-moving corporate environment, mistakes can happen.

STARR PROSM is Starr’s comprehensive, innovative program of primary and excess professional liability coverage’s for various professionals including lawyers and accountants, architects & engineers, and other specified professions.

General Highlights:
  • Up to $15,000,000 primary or excess limits available
  • Primary and Excess Coverage for Miscellaneous Professionals, subject to a minimum premium/ retention of $10,000 for $1,000,000 limit of liability
  • Primary and Excess Coverage for Architects & Engineers, subject to a minimum premium/ deductible of $25,000 for $1,000,000 limit of liability
  • Excess Coverage for Lawyers & Accountants, subject to a minimum attachment point of $10,000,000
  • Manuscript Coverage forms tailored to meet the insured’s need
  • Architects & Engineers Coverage forms available to include pollution liability and SIR coverage for larger design and contractor firms
  • Claims made and reported coverage
  • Excess Coverage on a Follow Form basis
  • Underwriting staff experienced in providing coverage for design firms, contractors, law firms, accounting firms and other professionals
Target Customers:
  • Architects & Engineers
  • Claims Adjustors
  • Construction Managers
  • Cyber Security Risks
  • Debt Collection Services
  • Lawyers & Accountants
  • Miscellaneous Consultants
  • Real Estate Professionals
  • Technology & Media Risks
  • Title/ Escrow Agents
Excluded Classes:
  • Chemical Engineering
  • Environmental Engineering
  • Medical Malpractice
  • Mining Engineering
  • Naval Engineering
  • Real Estate Developers
Submission Requirements:
  • Professional Liability application
  • 5 years of currently valued loss information
  • Description of significant losses
  • Most recent annual financial statements and sample client contracts