Lisle, IL -- (SBWIRE) -- 01/05/2011 -- When it comes to the legal profession, there are two known facts: claims against lawyers tend to increase in an economic downturn; and small firms (with fewer than five attorneys) are extremely vulnerable to legal malpractice and damaging lawsuits.

To address these issues, AmerInst Professional Services Ltd. has partnered with Crum & Forster insurance group (C & F) to offer a professional liability insurance program specifically tailored to the needs of small law firms. Rates are competitive because the underwriting guidelines exclude writing large firms that tend to have higher risk and greater claims severity.

“According to the American Bar Association, over 70% of professional liability claims are driven by firms of less than five attorneys ,” said Kyle Nieman, President and CEO of AmerInst Professional Services Ltd. “Solo practitioners and small firms have fewer resources at their fingertips and will appreciate having insurance protection that speaks to their needs. It has never been easier to buy a professional liability policy at a competitive price. We offer an easy online application, web-enabled technology tools and, for those who still prefer a more personal touch, licensed professionals to answer questions and provide independent guidance.”

AmerInst Professional Services Ltd. offers a claims made professional liability policy with limit and deductible options to meet the needs of the small firm. A full range of benefits include: defense expense options, full prior acts coverage to qualified firms, personal injury and advertising liability coverage, client discrimination claim coverage, disciplinary defense, regulatory inquiry and defendant reimbursement, deductible credit for mediation, first dollar defense option and subpoena assistance. Coverage is backed by an experienced leadership team with knowledge and expertise in professional liability underwriting, insurance brokerage and information technology.

About Us
AmerInst Professional Services Ltd draws upon the commitment and expertise of its parent, AmerInst Insurance Company, a leader in professional liability insurance for over two decades. The professional liability insurance program is written through United States Fire Insurance Company, a member of the Crum & Forster insurance group (C&F). C&F has been in business since 1896, is well regarded for its financial strength, and is rated A (Excellent) by A. M. Best Co. To find out more, visit http://www.protexurelawyers.com or call 877-569-4111.

AmerInst Professional Services Ltd. does business as AmerInst Professional Insurance Services Inc. in California, Florida, Indiana, New Jersey and Tennessee and as AmerInst Professional Liability Services Ltd. Inc. in Alabama.