Lawyers’ Malpractice Insurance Applications At ISBA Mutual, we’re all about meeting your malpractice insurance needs as efficiently as possible. The following overview acquaints you with the process. But we’re also here to help, so contact us if you need a hand!
New Business Application
Let ISBA Mutual provide your practice with outstanding coverage and risk management resources.
Support Documents*
- Your firm’s letterhead (a digital copy is fine)
- Your current policy; a loss run/claims history from your insurer for claims reported or open over the last five years.
(sample request letter can be downloaded here) - Any ARDC correspondence from the last five years (including closure/resolution letters or complaint/resolution letters for open matters)
* Documents are not required when you submit your application, but you may be asked to provide them later.
Understanding Supplements
Depending on your responses in the application, you may be prompted to complete supplements (though not usually more than two or three). These help us to better understand your practice and can be found below:
Send Materials to ISBA Mutual
You can email your application and supporting documents to sales@isbamutual.com, fax your application to (312) 379-2049, or mail your application to;
ISBA Mutual
ATTN: Sales
20 South Clark Street
Suite 800
Chicago, IL 60603-1826
Our Underwriting Approach
ISBA Mutual takes pride in our careful underwriting process. In order to provide your firm with a fair quote, we review the information you provide as well as that in the public domain. We may also ask for additional information to better assess your risk.
Quote Acceptance
Our sales team will send you a quote based on the information you provided. If you choose ISBA Mutual to be your malpractice insurer, just sign the quote acceptance form and submit your payment.