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AIG subsidiary launches new professional liability insurance package

National Union Fire Insurance Company of Pittsburgh, a member company of American International Group, has launched PrivateRisk ProtectorSM, a new management and professional liability portfolio to address the exposures that threaten the financial health of private companies.

In today’s business climate, there is a lot at risk for private business owners, including their personal assets, said John Keogh, president and CEO of National Union. The PrivateRisk Protector program can be tailored to meet the specific needs of private companies, giving them the appropriate amount of protection and flexibility to withstand damaging claims.

With PrivateRisk Protector, businesses may choose one or more of six coverages and combine them into a single efficient program based on their unique risk profiles.

The packages on offer are: Directors, Officers and Private Company Liability Insurance; Employment Practices Liability Insurance; Pension Trust Liability Insurance; Fidelity and Crime Coverage; Employed Lawyers Professional Liability Insurance and Internet Media Liability Insurance.