Executive & Professional Liability.
Conway Executive Liability and Professional (CELP) is a specialty division of Conway E&S that is hyper-focused on Executive & Professional Liability for all industries and All-Lines for Healthcare, Life Science & Social Services accounts. Comprised of industry-leading specialists, CELP creatively customizes and delivers insurance solutions to meet your clients’ needs and exceed your expectations.
Our CELP Insurance Professionals take a very personal approach in delivering executive and professional liability solutions – getting to know your team, the risks, and the opportunities. We customize a policy that will meet your unique business model and specific needs.
Executive Liability
- Directors & Officers – Private and Non-Profit
- Employment Practice Liability
- Fiduciary / Crime
- Kidnap and Ransom
- Primary or Excess
- Private and Public Financial Institutions
- Side A DIC
- Venture Capital Organizations
Professional Liability
- All Miscellaneous Professions and Services • Healthcare
- Architects and Engineers (including project specific)
- Attorneys / Employed Lawyers
- Certified Public Accountants
- Financial Services and Institutions
- Insurance Agents
- Life Science
- Media Liability
- Property, Casualty, Life and Benefits Agents, and Brokers
- Social Services
- Technology and Cyber
CPAs
- Broad definition of professional accounting service, including advice given or services performed
- Innocent insured coverage
- Investment Advisor, Personal Fiduciary, and crisis event reimbursement coverage can be included
- Defendants’ reimbursement coverage
Success: Pre-underwriting accounts & helping to sponsor conducting proper due diligence to successfully bring a company public
Attorneys
- Can consider solo practitioners, startups, previous claims, attorneys being non-renewed, and Cannabis Attorneys
- $0 Deductible Available
- Can write Primary and Excess
- Innocent Insured Coverage
- Annual Aggregate Deductible (3 times the per claim deductible)
- Coverage for Punitive Damages
- Limits starting at $100k/$100k
Success: Attorney that eroded his $5m limit and needed it reinstated/replaced: Increased Limit $5m > $8m
Insurance Agents
- P&C Agents, Long Haul Trucking Specialists, Personal Lines, L&H Agents, Program Administrators
- Insolvency Coverage for Placements with Carries Rated B+ or Better by AM Best
- Coverage for Punitive Damages
- Small ($259k in revenue) to large ($50+ million agents)
Success: Cannabis MGA/Program Administrator, $3m/$3m limits
Cannabis Management Liability
- D&O and EPL including Third Party
- No Creditor or Class Action Excl
- Worldwide Territory
- Non-Admitted Carriers
- Incident Sensitive
- Dispensaries and Grow Operations among other Cannabis Operations
Success: Medical Dispensary with $3m D&O, $1m EPL
Specialty Purpose Acquisition & Initial Public Offerings
- ABC Coverage for Directors & Officers Liability
- Side A Ground Up or Excess
- Access to all carriers and full capacity of the marketplace (We require control of the marketplace)
- Pre-underwiting accounts & help sponsor conduct proper diligence to successfully bring a company public
- Recommending limits and coverage structures that fit the merits of the deal
- 24-month policy term and preset run off provisions
Example: Real Estate Development First with $5m Side ABC and $5m XS of $5m Side A, 2-Year Term and 5-year
Example: Electronic Vehicles $20m Side A only, $2.5m Premium and no Side A Retention
Healthcare, Life Sciences & Social Services
CELP has an All-Lines Healthcare Team with the technical expertise to meet your healthcare and life science client needs. We understand the unique exposures faced by both start-up and established organizations and can creatively address challenges faced in this diverse industry segment. Our markets provide all lines solutions from the package, professional to monoline Workers’ Compensation.
Coverage Available
- Commercial Auto
- Directors and Officers Liability
- Excess / Umbrella
- Excess Workers Compensation
- Employment Practice Liability
- General Liability
- Healthcare Professional Liability
- Hired and Non-owned Auto
- Property
- Workers’ Compensation
Healthcare
- Allied Medical Professional
- Clinics
- Home Healthcare Services and Staffing Agencies
- Hospital: For Profit and Non-Profit, Acute Care, Specialty Care, Rehab
- Imaging and Surgery Center
- Long Term Care Facilities
- Skilled Nursing Homes
Life Sciences
- Clinical Trials
- Cosmetic Drug Companies
- Dietary Supplement Companies
- Life science product development service organizations
- Medical Device / Software Companies
- Medical Food Companies
Social Services
- All Non-Profit Organizations
- Drug/Alcohol Rehab Centers and Testing Facilities
- Foster Care/Adoption Agency