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Monitor Liability Managers launches new insurance plan for attorneys

Monitor Liability Managers, a member company of WR Berkley Corporation, has launched a new Employed Lawyers Professional Liability (ELP) insurance.

The new ELP insurance, underwritten by Monitor on behalf of certain of WR Berkley Corporation’s insurance company subsidiaries, provides attorneys and their staff working as corporate counsel with coverage for claims alleging negligence and legal malpractice in the performance of their duties.

Monitor Liability Managers president Sandra Nelson said this is a natural extension of the Lawyers Professional Liability Insurance that Monitor has underwritten for more than 16 years.

"Attorneys acting as in-house counsel need the same level of protection as their colleagues in private practice.We are pleased to be able to introduce yet another customized product that serves the unique needs of our clients," Nelson said.