Professional Liability Insurance
Confidently Lead in a Complex Market
Stay ahead with integrated solutions that streamline operations, reduce risk exposure, and elevate service across the professional liability lifecycle.
Streamline the Professional Liability Lifecycle
Leverage AI and tailored workflows to automate tasks and refocus on high-value work.
Streamline management of professional rosters and complex coverages, from multiple roles and facilities to specialized liability structures within a single policy.
Enhance application intake with ISI AITM, and then route tasks and approvals seamlessly across your entire organization.
Integrate with Milliman’s Datalytics™ and other Insurtech solutions for legal spend and defense council management.
Strengthen policyholder and distribution partner loyalty with digital experiences that connect to core systems via ISI Connect or quickly launch your own with ISI Portal
Redefine and Enhance Risk Management
Price complex risks with confidence, reduce exposure, and strengthen loss ratios
Rate complex risks with retroactive dates, shared limits, and prior acts, using configurable tools that account for CE credits, claims-free status and other underwriting factors.
Automatically validate claims-made or occurrence-based coverage to reduce leakage and set accurate reserves.
Streamline excess of loss treaty ceding and recovery to manage exposure and optimize cash flow.
Turn Data into Valuable Insights
Elevate every decision across the organization with deeper, enterprise-wide insights
Unify policy, billing, claims, accounting and reinsurance into a single solution for a complete real-time view and structure that supports AI deployment.
With built-in analytics and real-time dashboards, you gain the insights to identify trends, prepare board reports, and improve operational performance.
Integrate with third party scoring services, such as PreverityTM to surface early risk indicators and proactively price risk.
Drive Growth Without Additional Complexity
Lower total cost of ownership without impacting business agility
Roll out new products and changes quickly to adapt to market shifts and new opportunities.
Use low-code/no code tools to configure rating, coverage options and policyholder documentation.
Grow your premium volume with automation and carefully selected risk, not through headcount or disconnected systems
The ISI team understands the unique needs of the lawyers’ professional liability space… Working alongside ISI, we delivered this project on schedule and are now positioned to provide enhanced service to our members through fully digital operations.
We selected ISI for the scalability, flexibility, and adaptability of the platform. This implementation allows us to improve our product and service offerings across the entire medical professional spectrum.
FAQs
What types of professional liability products does ISI support?
ISI supports a wide range of professional liability products including E&O, D&O, medical malpractice, architects and engineers’ liability, and other specialized programs.
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Does ISI handle claims-made, retro dates, and tail coverage policy structures?
Yes. ISI CoreTM supports claims-made and occurrence-based policies, including the handling of retroactive dates, extended reporting periods (tail coverage), and aggregate limits.
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Can underwriters manage complex professional risk workflows in ISI?
Yes. ISI CoreTM allows insurers and MGAs to build in eligibility logic, referral rules, exposure schedules, and multi-layered rate tables to support complex professional underwriting workflows.
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Can ISI support Continuing Education (CE) requirements?
Yes. ISI CoreTM can store and validate professional credentials, license details, and Continuing Education requirements when these factors influence eligibility or rating. This helps insurers issue coverage only to qualified professionals and maintain compliance at renewal.
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Does ISI track risk exposure by professional license, specialty, or class code?
Yes. ISI supports tracking of insured classifications, business specialty codes, license types, and limits by risk class, with flexible bordereaux or actuarial reporting.
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Can ISI integrate with malpractice rating or other external risk scoring providers?
Yes. ISI integrates with external data sources, scoring engines, and third-party risk insight tools. These integrations support real-time eligibility checks, application pre-fill, and pricing adjustments based on professional risk attributes.
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How quickly can new professional liability programs be configured?
New professional liability products, endorsements, and rating structures can be configured in weeks through the Configuration module, with no custom coding required.
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How does ISI ensure consistency and auditability in professional liability underwriting?
ISI CoreTM centralizes rating rules, eligibility logic, approval paths, and documentation requirements so underwriting decisions follow consistent, auditable standards. Version-controlled changes and full audit history help insurers maintain accuracy, compliance, and governance across products.
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