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<h3 class="animated fadeInUp">COMMERCIAL INSURERS SELL INSURANCE</h3>
<h1 class="animated fadeIn" style="-webkit-animation-delay: 1s; animation-delay: 1s;">ALAS PROVIDES A PARTNERSHIP</h1>
<p class="byline animated fadeIn" style="-webkit-animation-delay: 1.5s; animation-delay: 1.5s;">Lawyers Working for Lawyers: Leading the Lawyers’ Professional Liability Insurance Market Since 1979</p>
<!--
<p class="stat_run animated fadeIn"><span class="ticker_box stats-number" data-stop="212">212</span> Firms <span class="ticker_box stats-number" data-stop="59000">59,000</span> Attorneys <span class="ticker_box stats-number" data-stop="79">79</span> AM LAW 200 Firms</p>
<p class="stat_run animated fadeIn"><span class="ticker_box stats-number" data-stop="49">49</span> States <span class="ticker_box stats-number" data-stop="32">32</span> Countries</p>
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<p class="stat_run">
<span class="ticker_box stats-number" data-stop="225">225</span>
<span class="stat_align">Firms</span>
<span class="separator"></span>
<span class="ticker_box stats-number" data-stop="79000">79,000+</span>
<span class="stat_align">Attorneys</span>
<span class="separator"></span>
<span class="ticker_box stats-number" data-stop="92">92</span>
<span class="stat_align">AMLAW 200 Firms</span>
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<span class="ticker_box stats-number" data-stop="50">50</span>
<span class="stat_align">States </span>
<span class="separator"></span>
<span class="ticker_box stats-number" data-stop="36">36</span>
<span class="stat_align">Countries</span>
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<div class="col-md-6 animated fadeIn" data-wow-duration=".5s" data-wow-delay=".5s">
<h3 class="alas_header">Attorneys’ Liability Assurance Society Program</h3>
<p>ALAS was founded by its owner-insured law firms to provide a superior source of insurance coverage and a level of service that cannot be replicated in the commercial marketplace. Unlike commercial carriers, ALAS is managed and staffed by
lawyers, most of whom are former partners at ALAS-caliber firms. ALAS professionals leverage their unique blend of industry knowledge and real-world experience to provide a full complement of services to our firms.</p>
<p>We invite you to learn more about what ALAS can do for your firm.</p>
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<h3 class="alas_header">ALAS 2023 ANNUAL GENERAL MEETING</h3>
<p>Our 2023 Annual General Meeting was held on Thursday, June 8 and Friday, June 9 at The Omni Grove Park Inn in Asheville, NC. Here are some of the highlights:</p>
<div class="row">
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<hr>
<h3 class="alas_header alas_header--red" style="margin-top: 40px;">Strength & Stability</h3>
<section class="strength_stats">
<table style="width: 100%;">
<tbody>
<tr style="border-bottom: 10px solid #00aeef;">
<td style="text-align: left; vertical-align: bottom; padding-top: 20px; width: 60%;">
<h5 class="bar-chart-text">Average Renewal Rate in Last 14 Years</h5>
</td>
<td style="text-align: right; vertical-align: bottom; padding-top: 20px;">
<h5 class="bar-chart-text">99%</h5>
</td>
</tr>
<tr style="border-bottom: 10px solid #00aeef;">
<td style="text-align: left; vertical-align: bottom; padding-top: 20px; width: 60%;">
<h5 class="bar-chart-text">Average Per Lawyer Rate in Last 15 Years</h5>
</td>
<td style="text-align: right; vertical-align: bottom; padding-top: 20px;">
<h5 class="bar-chart-text">Down 37%</h5>
</td>
</tr>
<tr style="border-bottom: 10px solid #00aeef;">
<td style="text-align: left; vertical-align: bottom; padding-top: 20px; width: 60%;">
<h5 class="bar-chart-text">Available Per Claim Limits in One Policy</h5>
</td>
<td style="text-align: right; vertical-align: bottom; padding-top: 20px;">
<h5 class="bar-chart-text">$100 Million</h5>
</td>
</tr>
<tr style="border-bottom: 10px solid #00aeef;">
<td style="text-align: left; vertical-align: bottom; padding-top: 20px; width: 60%;">
<h5 class="bar-chart-text">Total Assets</h5>
</td>
<td style="text-align: right; vertical-align: bottom; padding-top: 20px;">
<h5 class="bar-chart-text">$2.5 Billion</h5>
</td>
</tr>
<tr style="border-bottom: 10px solid #00aeef">
<td style="text-align: left; vertical-align: bottom; padding-top: 20px; width: 60%;">
<h5 class="bar-chart-text">Fitch Insurer<br>Financial Strength Rating</h5>
</td>
<td style="text-align: right; vertical-align: bottom; padding-top: 20px;">
<h5 class="bar-chart-text">‘A’ with a Stable Outlook</h5>
</td>
</tr>
</tbody>
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</section>
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<blockquote>
<p>
<span class="quote_left">″</span>They don’t act like an insurance provider-they act like a partner. Our number one concern is really having insurance-not just an argument about coverage. With ALAS we have complete
coverage.<span class="quote_right">″</span>
</p>
<footer>
<p> General Counsel<br> Dallas, TX </p>
</footer>
</blockquote>
<blockquote rel="blockquote">
<p><span class="quote_left">″</span>The commercial market simply is not in the same league as ALAS when it comes to educational programs and loss prevention. This value add cannot be underestimated.<span
class="quote_right">″</span></p>
<footer>
<p> General Counsel<br> West Palm Beach, FL </p>
</footer>
</blockquote>
</div>
</div>
<div class="item">
<div class="carousel-caption">
<blockquote>
<p>
<span class="quote_left">″</span>Simply, when faced with a claim against the firm, I now feel like I have a knowledgeable, consulting contributor versus a grudgingly participating, contractually bound party.<span
class="quote_right">″</span>
</p>
<footer>
<p> General Counsel<br> Pittsburgh, PA </p>
</footer>
</blockquote>
<blockquote rel="blockquote">
<p>
<span class="quote_left">″</span>Our firm has long been the beneficiary of what I call the “ALAS way” - educating our lawyers, partnering on claims and trying to help us stay cutting edge.<span class="quote_right">″</span>
</p>
<footer>
<p> General Counsel<br> Bridgeport, WV </p>
</footer>
</blockquote>
<blockquote rel="blockquote">
<p>
<span class="quote_left">″</span>In times of stress, ALAS is an incredible partner.<span class="quote_right">″</span>
</p>
<footer>
<p> General Counsel<br> Kansas City, MO </p>
</footer>
</blockquote>
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Removed as part of the FD7725 request
<blockquote rel="blockquote">
<p><span class="quote_left">"</span>I can't do any better than ALAS. ALAS covers punitive damages, and commercial carriers can't cover that in some states. ALAS went out of their way to cover punitive damages because they realized it was a risk for firms. With the commercial carriers it's a whole different attitude. You're not dealing with your friends-it's just someone selling you something.<span class="quote_right">"</span></p>
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General Counsel<br>
Tampa, FL
</p>
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</blockquote>
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<blockquote>
<p>
<span class="quote_left">″</span>Every time I’ve had a question, they’ve responded. They’ve done it promptly and knowledgeably. They are easy to deal with, intelligent, and they accommodate our needs and questions. This is
rare in service organizations, but I see it with ALAS all the time.<span class="quote_right">″</span>
</p>
<footer>
<p> General Counsel<br> Chicago, IL </p>
</footer>
</blockquote>
<blockquote rel="blockquote">
<p><span class="quote_left">″</span>ALAS is the best I’ve seen. When we’re in the middle of a potentially troubling situation and I need their advice. That’s when they really shine-the loss prevention and claims management.
They make themselves accessible, get up to speed quickly, and offer practical, excellent advice.<span class="quote_right">″</span></p>
<footer>
<p> General Counsel<br> New York City </p>
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<p class="center lightgray">At 212 firms and over 56,000 lawyers, the ALAS membership continues to be defined by a large and diverse group of some of the finest firms based in the United States.</p>
</footer> -->
</section>
</div>
</div>
<!-- <section class="testimonial_block">
<article class="testimonial__image">
<blockquote>
<p><span class="quote_left">"</span>They don't act like an insurance provider-they act like a partner. Our number one concern is really having insurance-not just an argument about coverage. With ALAS we have complete coverage.<span class="quote_right">"</span>
</p>
<footer>
<p>General Counsel<br>
Dallas, TX</p>
</footer>
</blockquote>
<blockquote rel="blockquote">
<p><span class="quote_left">"</span>ALAS is uniquely positioned because it's composed of lawyers. They have a unique appreciation of the pressures on law firms to do more business and deliver services quickly while still being careful. The people at ALAS understand our issues, and if not, they take the time to master them. They are genuinely concerned.<span class="quote_right">"</span></p>
<footer>
<p>General Counsel<br>
Louisville, KY</p>
</footer>
</blockquote>
<footer class="testimonial_logo">
<img alt="ALAS" src="/Images/icons_alas/logo_50.png">
</footer>
</article>
<footer class="testimonial_footer">
<p class="center lightgray">At 212 firms and over 56,000 lawyers, the ALAS membership continues to be defined by a large and diverse group of some of the finest firms based in the United States.</p>
</footer>
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</div>
</section>
</form>Text Content
Toggle navigation
* Home (current)
* The ALAS Story
* The ALAS Story
* In The News
* Our Firms
* Diversity & Inclusion
* Why Join ALAS?
* Why Join ALAS?
* Claims Management
* Loss Prevention
* Member Services and Underwriting
* Mergers, Lateral Hiring, and Global Expansion Services
* Testimonials
* Industry-Leading Education
* Industry-Leading Education
* Conferences and Meetings
* Professionals and Board
* Podcasts
* Podcasts
* The Portable Ethics Lawyer
* Speaking of Law Firm Leadership
* Contact Us
* Member Login
COMMERCIAL INSURERS SELL INSURANCE
ALAS PROVIDES A PARTNERSHIP
Lawyers Working for Lawyers: Leading the Lawyers’ Professional Liability
Insurance Market Since 1979
225 Firms 79,000+ Attorneys 92 AMLAW 200 Firms 50 States 36 Countries
ATTORNEYS’ LIABILITY ASSURANCE SOCIETY PROGRAM
ALAS was founded by its owner-insured law firms to provide a superior source of
insurance coverage and a level of service that cannot be replicated in the
commercial marketplace. Unlike commercial carriers, ALAS is managed and staffed
by lawyers, most of whom are former partners at ALAS-caliber firms. ALAS
professionals leverage their unique blend of industry knowledge and real-world
experience to provide a full complement of services to our firms.
We invite you to learn more about what ALAS can do for your firm.
Learn More
ALAS 2023 ANNUAL GENERAL MEETING
Our 2023 Annual General Meeting was held on Thursday, June 8 and Friday, June 9
at The Omni Grove Park Inn in Asheville, NC. Here are some of the highlights:
View Highlights
--------------------------------------------------------------------------------
STRENGTH & STABILITY
AVERAGE RENEWAL RATE IN LAST 14 YEARS
99%
AVERAGE PER LAWYER RATE IN LAST 15 YEARS
DOWN 37%
AVAILABLE PER CLAIM LIMITS IN ONE POLICY
$100 MILLION
TOTAL ASSETS
$2.5 BILLION
FITCH INSURER
FINANCIAL STRENGTH RATING
‘A’ WITH A STABLE OUTLOOK
Why Join ALAS?
-
1.
2.
3.
> ″They don’t act like an insurance provider-they act like a partner. Our number
> one concern is really having insurance-not just an argument about coverage.
> With ALAS we have complete coverage.″
>
> General Counsel
> Dallas, TX
> ″The commercial market simply is not in the same league as ALAS when it comes
> to educational programs and loss prevention. This value add cannot be
> underestimated.″
>
> General Counsel
> West Palm Beach, FL
> ″Simply, when faced with a claim against the firm, I now feel like I have a
> knowledgeable, consulting contributor versus a grudgingly participating,
> contractually bound party.″
>
> General Counsel
> Pittsburgh, PA
> ″Our firm has long been the beneficiary of what I call the “ALAS way” -
> educating our lawyers, partnering on claims and trying to help us stay cutting
> edge.″
>
> General Counsel
> Bridgeport, WV
> ″In times of stress, ALAS is an incredible partner.″
>
> General Counsel
> Kansas City, MO
> ″Every time I’ve had a question, they’ve responded. They’ve done it promptly
> and knowledgeably. They are easy to deal with, intelligent, and they
> accommodate our needs and questions. This is rare in service organizations,
> but I see it with ALAS all the time.″
>
> General Counsel
> Chicago, IL
> ″ALAS is the best I’ve seen. When we’re in the middle of a potentially
> troubling situation and I need their advice. That’s when they really shine-the
> loss prevention and claims management. They make themselves accessible, get up
> to speed quickly, and offer practical, excellent advice.″
>
> General Counsel
> New York City
SUPERIOR PROTECTION WITH ALAS
EXAMPLES OF KEY ALAS PROGRAM FEATURES
The ALAS Program Typical Commercial Program
No Mandatory Circumstance Reporting at Renewal = No Risk of "Gotcha" Coverage
Denials
Unequivocal Coverage for Punitive and Exemplary Damages
Third-Party Cyber Liability Coverage at No Additional Cost
Unlimited Loss Prevention Services with no Budget Restrictions or Additional
Charges
View Full List
Over 150 firms have been members for at least 30 years
ALAS Membership includes more than one-third of AmLaw 200 firms
KEY FEATURES OF OUR PROGRAM
--------------------------------------------------------------------------------
The market’s broadest, most comprehensive coverage for law firms, including:
Loss prevention services that continue to set the industry standard, both in
scope and depth
A member-oriented claims management philosophy under which ALAS has never had a
bad faith claim in its history
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