 |
 |
 |
|
Target Markets Program Administrators Association Vendors Wilson Elser Moskowitz Edelman & Dicker LLP With today’s complex regulatory and legal environments, it is extremely important for managing general agents, brokers and carriers that do program business to have access to sound, professional legal advice. Choosing just the right law firm can give MGAs, brokers and corporate clients a clear competitive edge in the marketplace. So say Thomas W. Wilson, Jr., and Gregory S. Katz, partner and deputy managing partner, respectively, in the New York office of Wilson Elser Moskowitz Edelman & Dicker LLP. Ranked among the top law firms in America and employing more than 800 attorneys, Wilson Elser has 20 offices throughout the United States, one in London, and affiliates in France and Germany. Wilson heads up a group of lawyers, dedicated to meeting the unique needs of program specialists and their partners. “Combining the resources of a large national firm with in-depth knowledge of the insurance business allows us to provide our clients with comprehensive representation,” says Wilson. “Many of the lawyers in our firm come out of the insurance industry.” Katz says that Wilson Elser acts as claims, litigation, coverage, monitoring counsel for many insurers, both on an individual claims basis as well as on a program basis. “For more than 30 years, we have worked with insurance carriers and MGAs, providing representation centered on making their programs profitable,” says Katz. “Effective claims handling, policy drafting and coverage analysis can make the difference in a program maintaining a low loss ratio. My years of experience as a board member of Target Markets and other insurance associations have given me a strong insight into program business.” As an outgrowth of this focus, Wilson Elser has established a strong relationship with TMPAA. Both Wilson and Katz work with Darwin Professional Underwriters and Rockwood Programs, Inc., offering complimentary risk management consultation on Darwin’s preferred E&O insurance coverage for Target Markets members. “We are providing a review based upon what we have seen and the negative effects that resulted in the past from missed procedures,” says Wilson. “We have specific knowledge of the consequences, and that provides us with a better understanding of the importance of consistent reviews, internal and external claims audits, underwriting procedures and document retention programs,” he says. Both Wilson and Katz maintain that what makes their firm different is not only what it does for its clients, but also how the firm does what it does. “Knowing when to pick up the phone for a client consultation is as important as knowing which research database to tap into for an answer to a question,” says Wilson. And, adds Katz: “This is all part of how we act as a national network of skilled attorneys with unique talents and experience on behalf of our clients. We know how to access and use relevant information. Wilson Elser is an environment that encourages lawyers to be creative, independent, and entrepreneurial.” * |
|
|||||||||||
| ||||||||||||
