BASF’s endorsed insurance brokerage offering discounted comprehensive insurance products. Ahern Insurance Brokerage (AHERN) and The Bar Association of San Francisco (BASF) have enjoyed a working relationship that dates back to 2001, when the agency became the Endorsed Insurance Broker for Professional Liability Insurance coverage.
As a legal professional, you have potential exposures, which is why professional liability insurance – also called errors and omissions insurance – covers attorneys for errors (and omissions) that you have made or that a client perceives you have made.
Professional Liability insurance is offered through AXA XL, through the subsidiaries of AXA. AXA XL is the #1 global commercial property & casualty insurer with combined GWP of 17.6 billion in 2017. AXA and its principal insurance subsidiaries have the following insurer financial strength ratings as of December 2018: A+ A.M. Best, AA- Standard & Poor’s, AA- Fitch and A1 Moody’s.
Here’s a quick overview of professional liability insurance available to BASF members:
- BASF member premium discounts available if the firm has one of the following:
- Attends a BASF MCLE seminar in Ethics, Risk Management or Loss Avoidance
- Employs a Legal Administrator or a Certified Legal Specialist
- $50,000 Additional Defense Expense
- Insured has input in the selection of Defense Counsel
- Free Retirement and Disability ERP options (subject to policy conditions)
- Payment of up to $35,000 per policy period for the Defense of Disciplinary Actions (does not erode policy limit)
- Deductible reduced by 50% (not to exceed $5,000) if the insured agrees to binding arbitration or mediation at carrier’s request
- Up to $10,000,000 in Primary Limits
- Risk Management Program for firms from 1-10 in size, to include:
- Risk management hotline
- Access to resources on the Lawyers’ Risk Management website
- Quarterly newsletters and client email alerts
To apply, or for more information, contact Randy Gust at 858-514-7137 or email@example.com.
Or apply online.
Ahern Insurance Brokerage now provides BASF members with General Liability, Property and Workers’ Compensation through The Hartford, an Admitted Carrier rated “A+” (Superior) by A.M. Best.
Note: When purchasing a Business Owner’s Policy and Workers’ Compensation policies from The Hartford, you will be eligible to receive an additional 10% credit (minimum premiums apply).
Here’s a quick overview of workers’ compensation insurance available to BASF members:
- Premium discount for BASF members
- Online loss control prevention services
General Liability and Property
Here’s a quick overview of general liability and property insurance available to BASF members:
- Specialized coverage enhancements for law firms
- Multi-policy discount may apply
- 24-hour claims reporting
- Business Income/Extra Expense – 12 month Actual Loss Sustained
To apply for Workers’ Compensation, General Liability and/or Property insurance, or if you’d like more information, please contact Summer Gorsica at (858) 514-7116 or via email at firstname.lastname@example.org.
Or apply online.
Employment Practices Liability Insurance
Ahern provides BASF members with employment practices liability insurance (wrongful termination, discrimination, and sexual harassment coverage) through Berkley Insurance Company, an Admitted Carrier with a rating of "A+" (Superior) by A.M. Best. This program offers members premium discounts and specific law firm enhancements.
Here’s a quick overview of Employment Practices Liability insurance available to BASF members:
- BASF member discounted rates
- Loss control services available
- Specific law firm coverage enhancements
- Third-party coverage included
- $150,000 additional claims expense limit
- Risk Management Program to include the following:
- Website, MyHRHelp
- Employment helpline
- Employment Law Updates newsletter
Additional policy enhancements include:
- Privacy Violation Coverage: covers employers for liabilities they may incur in the event of a loss or theft of employee personal information
- Employment Event Coverage: provides employers with a sublimit to cover the cost of hiring a public relations firm, security firm, or mental health professionals to cope with the aftermath of layoffs, public allegations of harassment, or workplace disaster
To apply for Employment Practices Liability insurance coverage, or for more information, contact Kelley L. Milks, CIC CRM RPLU, 800-282-9786, email@example.com.
Or apply online.