As a legal professional, your practice requires protection that addresses the entirety of your risks.
Your business risks go beyond professional liability — exposures also include cyber liability, employment practices liability, directors and officers liability, crime and fiduciary liability. And each of these comes with challenges that are increasing in frequency and severity.
To run your business efficiently and profitably, overcoming these obstacles is essential. You require an insurance broker that understands the challenges you face today and in the future. NFP’s Legal Specialty group includes experts highly skilled in helping you control loss exposures and redefine your strategic risk management approach.
Lawyers Professional Liability Experts
Finding a lawyers professional liability program that aligns with your needs shouldn’t be difficult. Working with a broker partner with decades of expertise in your industry streamlines your insurance-buying process. NFP’s team of experts has more than 100 years of combined experience insuring and advising law firms along with decades of experience working with insurance companies to obtain customized lawyers professional liability insurance options for clients in the legal field.
Choosing the right broker saves you time and money while protecting your practice. NFP’s team guides you through insurance requirements and risk transfer options and helps you understand how to reduce your exposures through professional liability insurance for lawyers . Our team of brokers and advisors understand the nuances of practicing law and delivers expert advice throughout the insurance buying process, empowering you to protect your practice.
- Proactive advisory services: Our team of specialists can conduct an industry analysis that benchmarks your firm against its peers. Then they work with you to conduct tailored risk management reviews and service assessments, making recommendations for reducing loss exposures.
- Insurance placement services: We take your story – who you are, how you run your business and the risks you face – to the insurance market, working with carriers to devise the best LPL policy solutions at the best price.
- Claims advisory services: In the event of a claim, our team is available to help you navigate the process with the insurance carrier. We assist in reporting, navigating defense counsel assignments and making sure your claim stays on the path to resolution.
An in-depth review of your risks is the best way to build a comprehensive portrait of your exposures. We use data analytics based on our relationships with more than 1,000 law firms, which allows the team to advise you on typical limits, premium and coverage options for practices similar to yours. Recommendations regarding your lawyers professional liability coverage are also informed by decades of knowledge of law firm operations and the key relationships within the insurance industry, which are critical to developing your optimal insurance LPL policy.
Our team utilizes technology to deliver top-level service, connecting with you no matter where you conduct business. But since face-to-face interaction will never be replaced completely, we are always prepared to go where you are.
Capital Market Access
Today’s evolving risk exposures require solutions that address your most pressing needs.
With access to more than 30 insurance carrier partners, including Lloyd’s and Bermuda carriers, in both the traditional and surplus markets, NFP brings you the flexibility your practice needs in the LPL policy products that best suit your risks.
A tailored lawyers professional liability program can help you capitalize on your opportunities while reducing your loss exposures. Our team helps you see risk differently and gives you the tools and support needed to strengthen your ability to meet your goals. Our legal specialists work with carriers to deliver right-sized products and services that keep your organization protected.
Proven and Consistent Service Model
Exceptional solutions and expertise are only part of the recipe for ensuring you can continue performing at optimal levels. You also need a team of specialists dedicated to providing service that elevates your success.
Our team is always available to respond to inquiries and needs efficiently, but we also proactively provide the tools and knowledge you need to drive better business results, bringing ideas and opportunities as markets evolve. With access to our vast network of resources, you have the support of a partner that can enhance your ability to deliver your best client experience.
Your business requires the agility and flexibility that come from being prepared for what’s next.
Innovation powers your best results. That innovation comes from working with a partner that is at the forefront of trends, from market and sub-market activity to proactive solutions for market conditions that most have not yet anticipated. We work with carriers to bring you solutions before issues emerge.
In a new world of conducting business virtually, having that kind of foresight in your corner keeps your organization nimble and ready for the next challenge. By working with industry providers to examine your goals against your insurance needs, we can bring you the mitigation solutions that keep your business on track, no matter where business takes you.
The NFP team works together with those providers and industry resources to help you manage the complexities and help you thrive. Learn how we can deliver you with tailored lawyers professional liability solutions and an unparalleled level of client advocacy that spans the breadth of products and solutions we offer.