SRL Special Risks Limited Insurance Center

Professional Liability

Products
EPLI
E & O and D & O
Medical

Products

Our Products and Products G/L coverage is designed for more difficult to place risks involved with virtually any type of tangible product. Shand's claims made Products Liability coverage is particularly appropriate for products that are relatively young in the sale cycle. In these cases, insureds prefer claims made because it is more economical. Following are examples of products risks we have written:

• A manufacturer of trampolines; includes mini-trampolines and floor exercisers.
• A new product line for an established football helmet manufacturer.
• Manufacturer of a ladder stabilization device.
• Manufacturer and distributor of health and nutritional supplements.

Special Risks

• Company that sell life saving equipment and trains purchasers in its use.
• Morality coverage for school and church.
• Intellectual property coverage for company that manufactures anti-theft devices for automobiles.

EPLI

The fastest growing area of litigation and claims in this country is in Employment Practices Liability. Major lawsuits like those brought against public officials and public companies such as Mitsubishi and Ford Motor Company have been widely reported in the news and have made employers recognize the need to protect themselves against employee-based lawsuits. Our Employment Practices Liability Insurance (EPLI) program covers virtually every industry segment. It is especially designed for the needs of employers with less than 500 employees. Examples of EPLI risks we have recently written follow:

• Manufacturer of school supplies.
• Physician's office with 55 employees.
• Wholesale distributor of hairpieces.
• Hotel with full and part-time employees.
• Law firm with 45 employees.
• Athletic club with full and part-time employees.
• Wholesale beverage distributor.

E & O and D & O

The new service-oriented economy has spawned a set of unique problems. What distinguishes this new economy from the economy of the past is the emphasis on the intellectual judgment and expertise of the worker. This emphasis has brought liability--the most serious being the potential to be sued when a professional fails to meet the standard of conduct mandated by his profession.

We write professional liability insurance coverage for individuals working or consulting in a wide variety of fields. Following are the categories of professional liability coverages we write and examples of risks recently written:

Architects & Engineers

• One person architectural firm. Coverage for one small project only.
• Firm that builds museum exhibits designed by another company.
• Small design/build firm specializing in electrical layouts. In business for 20 years.
• State turnpike authority for highway planning.

Financial Institutions

• Insurance Companies E&O coverage for a small health, life, dental, vision and disability insurance carrier.
• Agents and Brokers E&O coverage for an independent insurance agency.
• Mutual Funds/Investment Advisory coverage for a small investment advisor. Does not manage accounts, only advises.
• Mutual Funds/Investment Advisory coverage for an investment advisor with two portfolio managers.

Lawyers Professional Liability

• Ancillary legal services operation providing paralegal services for attorneys only, document preparation, tax liens and document filing. No attorneys on staff.
• Attorney starting own business. Was named in a claim with a former law firm.
• Small law firm employing six attorneys, 10 support staff and three paralegals.

Miscellaneous E&O

• Nanny employment service recruiting U.S. college graduates.
• Producer of television programs dealing with home & garden and popular science themes.
• Education technology consultants for grades K-12 and higher.
• Minister doing religious-themed cable TV program from home.

Non-Profit D&O/Privately Held D&O

• Privately held corporation that provides product development consulting services to the nutritional supplement industry.
• Nonprofit organization associated with education.
• Privately held apparel manufacturer.

Call Sue Domingues for an Application. (413) 750-7355
Call Terry Gonet with questions. (413) 750-7347

Medical

Today's healthcare continues to evolve in ways designed to maintain health and treat illness. When these technologies develop, they are prime candidates for the liability coverages offered by Shand Morahan.

Medical Malpractice

Medical Malpractice coverage is one of our core offerings.  With nearly 30 years of experience, we excel in writing hard-to-place healthcare coverages. We specialize in coverage for physicians who cannot find insurance in the standard market due to substance abuse, disciplinary actions or as a result of claims. We are also an excellent market for physicians who are working in experimental or highly technological areas of medicine. Examples of risks we have recently written follow:

• Foreign graduate physician doing an externship with a  hospital.
• Family practice osteopathic physician formerly treated for chemical dependency.
• Orthopedic surgeon with prior claims involving back surgeries.
• Locum tenens operation involved with placing radiologists in temporary positions.
• Board certified plastic surgeon with excellent credentials and a teaching appointment at a university medical school.

Specified Medical

Our Specified Medical coverage is targeted to a wide variety of medical facilities and professionals engaged in direct client care. Types of facilities we cover include outpatient clinics, medical training schools, organ banks and diagnostic imaging labs. Medical and allied professionals include physical/occupational therapists, social workers, psychologists, counselors, chiropractors, acupuncturists and registered nurse anesthetists. Examples of some of the risks we have covered in this arena include the following:

• Treatment center that provides methadone maintenance.
• Business that provides psychological testing.
• Company that casts and fits knee braces and other orthopedic support products.
• A sole naturopathic physician in practice for 35 years.
• A family clinic with six naturopaths involved with natural childbirth.

Company that manufactures in-home personal gene sample harvesting kits.