Admiral Insurance Group provides coverage tailored specifically for businesses providing professional services to others.
Whatโs at Risk
Miscellaneous Professional Liability (MPL) does not need to be a one size fits all solution. Our AdmiralProโข MISAF coverage provides a flexible and comprehensive solution that can be tailored to meet the unique needs of a miscellaneous professional.
Our Solution
Our MISAF provides significant upgrades, while maintaining the broad coverage language and definitions youโve come to expect from Admiral. Combined with our first class and creative underwriters, weโre able to offer you a form that can adapt to the ever-changing MPL landscape.
MPL Form Updates
Insuring Agreement B. MEDIA LIABILITY
The lines between MPL, Media, and Technology get fuzzier every day. The addition of this insuring clause to the MPL form allows the underwriter and broker to determine the proper form without sacrificing coverage. Itโs especially meaningful coverage since the Intellectual Property Exclusion provides a carve back resulting from a Media Incident.
Contingent Bodily Injury / Property Damage included
Definition of Bodily Injury and Property Damage now includes a carve back for claims arising from Professional Services. This was perhaps the most common endorsement request from our broker partners, so itโs wonderful to be able to now say, โyeahโฆitโs built in!โ
Supplemental Payments โ Fee Dispute Mitigation 50% of withheld fees up to $50K
Letโs face it โ Suing for fees almost always results in a countersuit alleging negligence. But we understand the Insured cannot afford to forfeit their outstanding fees, even if the claim will erode their deductible and pierce their limits. Once in dispute, this Supplemental Payment may help alleviate the Insuredโs financial loss without costly litigation.
Knowledge of Senior Executive Officer, Severability of Application, Built in Waiver of Subrogation
Revised Knowledge and Severability conditions can now be realistically managed by our Insureds. Waiver of Subrogation was probably our second most requested endorsement and since most claims allegations trigger the Professional Services, this common sense approach will make it easier for underwriters and brokers to accommodate our Insuredโs contractual obligations.
Defense and Settlement (THE HAMMER CLAUSE)
Now 90/10 โ Our previous policy provided 50/50. Now thatโs what we call an upgrade!!
Recent Hits
E-Sports Consultant
- E-Sports consultant helping universities to setup programs in this growing market that will hit 1 billion this year
- Limits: 1M / 1M
D.o.D R&D Services
- Applicant works in conjuncture with a major Research University
- Scientific Research, Validation, and Forensic Services
Marketing / Sweepstakes Administration Risks
- Created a custom endorsement to affirm Over-Redemption Coverage
- Defines Over-Redemption
- Full policy limits available
Third Party Employment Benefit Administrator
- Blended HR Admin, Actuarial, TPA, Consulting Services on one policy form
- $50M Revenues
Pharmaceutical / Regulatory Compliance
- Regulatory, R&D, Q&A Consultant for large Pharma MFG
- $41M in Revenues