Specialty Commercial Lines
Specialty commercial lines insurance programs
Verisk offers a broad array of specialty commercial lines insurance programs that can make it easy for you to enter and compete in new markets. Each program gives you standardized ISO policy forms and endorsements, manual rules, advisory loss costs, and related information.
Unified solutions for a variety of markets
Unified solutions for a variety of markets
Our liability products are designed and customized to uniquely address a variety of markets. They can be used out of the box or as the platform for your own individualized program.
Programs include:
- Industry benchmarks for standardized policy forms, optional and mandatory endorsements, and manual rules and advisory loss costs
- Advisory applications and underwriting guidelines to assist in writing coverage
- Updates related to our active monitoring of federal and state legislation
- Consistently updated programs that increase efficiency
Professional liability programs
![Structural Icon]()
ISO Home Healthcare Program
Home healthcare is a market filled with enormous responsibility and frequently changing risks. Our robust, turnkey program covers a broad range of eligible professionals from home healthcare aides to nurses and can help insurers enter one of the fastest-growing industries in the U.S.
![Icon 1]()
Medical Professional Liability
If you write liability insurance for doctors or hospitals, Verisk's simplified program can offer you a range of options for tailoring your policies to specific risks:
- Hospital professional liability
- Physicians, surgeons, and dentists professional liability
- Miscellaneous professional liability for allied health-care providers, blood banks, diagnostic testing laboratories, optometrists, and veterinarians
A variety of multistate optional endorsements are also available.
![Enterprise Icon]()
Insurance Agents and Brokers Professional Liability
Verisk’s Insurance Agents and Brokers Professional Liability Program protects your client’s agency and employees for alleged errors or omissions in performing professional services for policyholders and customers.
![Lawyers Professional Liability Program]()
Lawyers Professional Liability Program
Law firms have seen an increase in the frequency of malpractice claims, which are becoming costlier to defend and could cause lasting reputational damage.1 We designed this program to fit the legal liability coverage needs of small and medium-sized law firms as well as solo practitioners.
![Roof Icon]()
Real Estate Agents and Brokers Professional Liability
The ever-increasing complexities of real estate transactions and the rising use of litigation mean your clients need access to a professional liability program that protects them against the financial effects of liability lawsuits in the event of allegations of errors and omissions.
![Icon 2]()
Miscellaneous Professional Liability Program
Our Miscellaneous Professional Liability Program enables you to provide a wide variety of professional service providers with worldwide coverage for wrongful and negligent acts committed while performing their services. The program covers more than 27 classes of business, including advertising services professionals, concierges, travel agents, and translators, and Not Otherwise Classified coverage for nearly everyone else.
Our professional and management liability insurance programs can help reduce the cost and complexity of entering new lines of business, make better decisions on risk selection, streamline product updates.
Management liability programs
![Private Company Management Liability]()
Private Company Management Liability
Enables insurers to provide private companies with global coverage across several lines of business, including directors and officers (D&O), employment practices, and fiduciary liability.
![Not For Profit Management Liability]()
Not-for-Profit Management Liability (D&O)
To safeguard your clients from management-related exposures, Verisk’s Not-for-Profit Management Liability Program offers protection from a wide range of risks, including executive liability (directors and officers liability).
![Employment Related Practices Liability]()
Employment-Related Practices Liability
Verisk's Employment-Related Practices Liability Program can help you provide coverage for the gap in employment-related-practices exposure that many companies face, such legal defense for the insured and coverage for claims first made during the policy period or any applicable extended reporting period.
Optional coverage features:
- Extending the claims-reporting period
- Providing coverage for claims brought against an insured by customers, clients, independent contractors, and volunteers
- Insuring persons or organizations with financial control over the insured and the insured’s employment-related practices
![Iso Crime And Fidelity Insurance Program]()
ISO Crime and Fidelity Insurance Program
The ISO Crime and Fidelity Insurance Program provides kidnap/ransom and extortion (KR&E) policy language, rules, forms, and advisory loss costs to help protect businesses and government entities. The policy covers various perils, including KR&E direct loss, KR&E expense incurred, detention or hijack, and in-transit delivery of property.
![Management Protection]()
Management Protection (D&O)
To safeguard your clients from management-related exposures, Verisk’s Management Protection Program offers protection from a wide range of risks, including executive liability (directors and officers liability). We’ve designed the program to meet the requirements of public and private for-profit corporations, including financial institutions.
![Fiduciary Liability Program]()
Fiduciary Liability Program
Verisk's Fiduciary Liability Program offers targeted protection of businesses’ and employers’ assets against fiduciary-related claims of mismanagement of a company’s employee benefit plans. The program covers the legal expenses of defending against the claim, as well as the financial losses the plan may incur due to errors, omissions, or breach of fiduciary duty.
![Financial Institutions Program]()
Financial Institutions Program
To meet the varied needs of banks and other types of financial institutions, Verisk delivers the Financial Institutions Program as a comprehensive package of policies, with separate limits and deductibles to meet the specific needs of all your banking and financial institution customers.
Verisk's Financial Institutions Program helps you offer your customers comprehensive coverage for fraud and other external or internal crime. We’ve designed the program for banks and savings institutions, securities brokers and dealers, insurance companies, and finance companies.
Insights
Clever criminals and the evolving ISO Crime and Fidelity program
Learn about updates to the ISO Crime and Fidelity Insurance Program for 2022.
Read the article
Why private firms should consider management liability coverage
There are many reasons a small firm might choose not to buy EPLI or D&O - but any company with employees, customers, or vendors can be sued for alleged workplace…
Read the article
Return to office could usher in a wave of employee lawsuits
As employers ask employees to return to the office, employee lawsuits are on the rise.
Read the articleComplementary solutions
- https://www.insurancejournal.com/news/national/2022/05/23/668825.htm