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Ascot Group Ltd. on Tuesday launched a miscellaneous professional liability unit providing comprehensive coverage for a range of professional service firms.
Led by Todd Cusano, senior vice president, professional liability, the unit provides miscellaneous professional liability coverage as a standalone product on a primary and excess basis, Ascot said.
The miscellaneous professional liability policy can also include coverage for cyber liability, media liability and technology E&O.
Limits of up to $5 million are available, according to an email from a spokesman.
“Professional service firms today are facing ever-evolving exposures set in a climate of escalating court settlements and increasing damages,” Mr. Cusano said in the statement.