Ahern Insurance Brokerage 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 with XL Insurance Company.
In an effort to continue providing BASF members with comprehensive and competitively priced insurance products, BASF has expanded the AIB endorsement to include the following lines of coverage:
- Workers' Compensation
- General Liability/Property
- Employment Practices Liability
The Bar Association of San Francisco Professional Liability Program
XL Insurance is considered one of the world's leaders in Professional Liability Insurance coverage with consolidated assets of $54.8 billion and $9.3 billion in consolidated shareholders' equity. In addition XL (Admitted) is rated 'A' (Excellent) by A.M. Best Company.
Some highlights of this exclusive BASF program include:
- Up to $10,000,000 in Primary Limits
- Premium Discounts Available if the firm attends or has the following:
- Attending a BASF MCLE Seminar
- Full-time Legal Administrator
- Certified Legal Specialist
- $50,000 Defense Expense Outside the Limit of Liability
- 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
- Risk Management Program for firms 1-10 in size to include:
- Risk Management Hot-Line
- Quarterly Newsletters
For competitive rates and comprehensive coverage click here for our on-line application. Or Contact Kevin P. Ahern at (415) 439-5282 or kahern@aherninsurance.com
The Bar Association of San Francisco Business Insurance
AIB provides Workers' Compensation and General Liability/Property coverage through The Hartford. Founded in 1810, The Hartford (Admitted) is one of the strongest and most established insurance companies in the country with a rating of "A" (Excellent) by A.M. Best.
As a BASF member, you are eligible to receive discounted rates on the Workers' Compensation policy through AIB. In addition, when combining this policy with the Business Insurance policy, BASF members will receive an additional 5% premium credit discount (minimum premium's will apply).
Click here to complete our on-line application.
Employment Practices Liability Insurance
Ahern Insurance Brokerage (AHERN) now provides BASF members with Employment Practices Liability Insurance (wrongful termination, discrimination, and sexual harassment coverage) through Carolina Casualty Insurance Company, an Admitted carrier with a rating of "A+" (SUPERIOR) by A.M. Best.
Program Highlights
- Proprietary coverage enhancements for BASF members
- BASF Premium discounts available
- $150,000 additional claims expense limit
- $250,000 defense sublimit for claims involving breach of contract disputes
- Favorable consent to settlement provisions
- Third party coverage included
- Risk Management Program to include the following:
- Risk Management website, MyHRHelp
- Employment Helpline
- Employment Law Updates Newletter
Additional Policy Enhancements
- New Social Media coverage- included sublimit for defamation, libel and invasion of privacy against a third party resulting from the use of social media and expands definition of “wrongful act” to include workplace bullying
- 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.
For more information on the Carolina EPL program, please contact Kevin P. Ahern at (415) 439-5282 or email him at kahern@aherninsurance.com. Alternatively click here to complete an online application
