Business: Insurance

First Indemnity Adds AM Best Rated A & A+ Insurance Carriers

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BOSTON (PRWEB)

First Indemnity Insurance Group, a specialty insurance agency dedicated to professional liability products for lawyers and law firms, today officially announces it has added additional AM Best-rated A and A+ (Excellent) insurance carrier partners to enhance coverages for its client insureds. These new partnerships follow the termination by First Indemnity of its relationship with Houston Specialty Insurance Co., Imperium Insurance Co. and Oklahoma Specialty Insurance Co. in May of 2020.

“For more than 30 years, First Indemnity has been known to the legal community has having strong relationships with highly rated insurance carriers,” said John Randolph, vice president of First Indemnity. “We decided to make a change to remain true to our reputation as well as improve the coverages we are able to provide to our customers. We avoid a one-size fits all type of approach, and we’re already receiving positive feedback following this change.”

The enhanced coverages include additional defense expense limits, waiver of deductibles, employment practices liability insurance and broad cyber protection that encompasses wire fraud. Other coverages include broader definitions of professional services, free non-practicing unlimited extended claim reporting endorsements with no waiting periods, and 100 percent waiver of a deductible for early resolved claims.

More than 8,250 law firms procure insurance coverage from First Indemnity.

ABOUT FIRST INDEMNITY

Founded in 1989, First Indemnity Insurance Group has continued to build its risk management skill sets for the legal community. The company’s seasoned team, including in-house underwriters, prides itself on providing specialty insurance expertise and the highest level of customer satisfaction. For more information, please visit http://www.firstindemnity.net

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