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Loss Scenarios
Loss scenarios can be used to illustrate common loss exposures and to help explain how insurance coverage can play a role
in mitigating risk.
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ChubbPro E&O
Valuable insurance coverage for professionals against lawsuits over alleged or actual mistakes.
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EPP D&O Liability-Public Companies
A public company needs to protect its employees who serve on outside boards from liability lawsuits.
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FFP D&O Liability-Private Companies
Helps protect private companies and their leaders from lawsuits arising from management’s decisions.
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Media Liability
Helps protect media organizations from lawsuits alleging defamation, invasion of privacy, and other harm.
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Employed Lawyers Professional Liability
Chubb Specialty Insurance
As cost-conscious companies have in-house counsel perform legal services traditionally delegated to outside law firms, corporate
attorneys face increasing liability exposures, especially to non-client third parties. The Public Company Accounting Reform
And Investor Protection Act of 2002 (Sarbanes-Oxley Act) has increased the legal community's awareness of liability issues
as well. Chubb understands the unique malpractice risks faced by in-house attorneys, and we developed our Employed Lawyers
Professional (ELP) Liability Insurance program to provide broad, responsive coverage for in-house counsel in this changing
environment.
Chubb's ELP Liability Insurance program is sponsored by the Association of Corporate Counsel (ACC), the largest organization of in-house counsel in the U.S.
The Chubb ELP policy includes the following coverage features:
- Coverage for claims by non-client third parties.
- Coverage for SEC and regulatory claims available.
- No deductible for claims not indemnified by the employer, and full reimbursement coverage (subject to a self-insured retention)
for indemnified claims.
- Punitive damages coverage (where insurable by law).
- Coverage for claims by coworkers for discrimination, harassment, or wrongful termination that arise out of the attorney's
legal work for the company.
- Coverage for claims by individual employees the in-house attorney is assigned to represent.
- Defense cost coverage for claims brought by the employer, the board of directors, and officers.
- Coverage for employer-approved pro bono representations.
Please contact your agent or broker or email csi-info@chubb.com with questions.
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