LIBERTY CORNER, NJ – January 27, 2020 – Everest Insurance® is pleased to announce it has joined with Embroker to provide a new online Lawyers’ Professional Liability program for law firms with up to ten employed attorneys.
Through Embroker’s state of the art digitized platform, Everest’s Lawyers’ Professional Liability policy offers several value added coverage enhancements. The coverage is currently available in 31 states and looks to expand availability further in 2020. The addition of this program will expand and complement Everest’s existing Lawyers’ Professional Liability offering for larger firms, and reflects the organization’s commitment to continued expansion in select target markets.
“This product helps cover the wide-ranging risks that smaller law firms encounter,” said Brian Drum, Senior Vice President and Head of Everest Underwriting Partners. “We are very excited to offer this coverage through Embroker, utilizing their expertise and unique digitization capabilities in the marketplace to better serve our smaller law firm policyholders, maximizing the efficiency of their professional liability insurance buying experience.”
Matt Miller, Chief Executive Officer of Embroker, commented, “We are thrilled to provide a technology platform with a strong, A+ rated insurance provider like Everest, that allows us to streamline all aspects of the insurance buying process, and most importantly helps our clients protect their firms from risk.”
Everest Re Group, Ltd. ("Everest") is a leading global provider of reinsurance and insurance, operating for more than 40 years through subsidiaries in the U.S., Europe, Bermuda and other territories.
Everest offers property, casualty, and specialty products through its various operating affiliates located in key markets around the world.
Everest common stock (NYSE:RE) is a component of the S&P 500 index.
Everest Insurance® markets property, casualty, specialty and other lines of admitted and non-admitted direct insurance on behalf of Everest Re Group, Ltd., and its affiliated companies. Additional information about Everest, our people, and our products can be found on our website at www.everestre.com. All issuing companies may not do business in all jurisdictions.
Embroker is a digital insurance brokerage that's radically improving the way insurance works for businesses. The Company’s digital insurance platform, proprietary insurance products and data-driven advisors are now helping more than 3,000 companies improve coverage and reduce costs. Its suite of proprietary products, including the first ever end-to-end digital directors and officers policy, streamline the insurance supply chain. This enables Embroker to deliver instant quotes and reduce premiums by an average of 20%. Founded in 2015 and headquartered in San Francisco, Embroker serves businesses with 10 to 1,000 employees and has raised over $42M in funding from leading fintech investors. For additional information, please go to www.embroker.com.