Alas, Inc.

Description

• In October 1979, 35 law firms pooled $1 million in capital to found Attorneys' Liability Assurance Society (Bermuda) Ltd. (ALAS Ltd.), a mutual insurance company located in Bermuda and owned entirely by its insured member firms. Its wholly owned subsidiary, Attorneys' Liability Assurance Society, Inc., A Risk Retention Group (ALAS, Inc.), domiciled in Vermont, with its principal office in Chicago, Illinois, was formed in 1987 to act as the primary insurance company, providing direct underwriting, policy issuance, member relations, claims management, and loss prevention services to the ALAS Ltd. membership. On November 30, 2013, ALAS (Bermuda) Ltd. discontinued as a Bermuda company and redomiciled to Vermont as a Vermont captive insurance company. Upon redomiciliation, the companys name changed to Attorneys Liability Assurance Society Ltd., and the company is referred to as ALAS Ltd. on this Web site.Today, ALAS, Inc. insures 220 firms and approximately 58,600 lawyers headquartered in 45 states and the District of Columbia. As of November 30, 2014, ALAS Ltd. had total assets of over $2.6 billion, including an investment portfolio valued at over $1.8 billion. As of that date, members net worth was $580 million.
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  Headquarters:311 South Wacker Suite 5700, Chicago, Illinois, United States

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  Phone Number: +1 312-697-6900

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  Website:

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  Employees:61

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  Revenue:$10 - 50M

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  Legal Name:Alas, Inc.

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• |  NAICS Code: 511120  |

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