Lawyers professional liability insurance helps protect legal professionals against claims of negligence, errors or omissions that cause financial harm to another person or party. As a legal professional, you may be committed to your clients, but they may not always return the favor. Whether a small or midsized law firm, your business has potential exposures as client expectations are increasing and malpractice lawsuits are becoming more common. Your business and financial security may depend on how well-protected your firm is from a lawsuit or claim.
Lawyers professional liability coverage
Coverage is specifically designed to offer protection to legal professionals for the array of emerging exposures they face and can help protect your firm against losses resulting from negligence, errors and omissions in the performance of professional services. This errors and omissions policy can be tailored to fit your business needs.
Key policy benefits:
- Admitted & Non-Admitted product tailored for each individual risk
- Network and information security offense coverage
- Automatic acquisitions coverage
- Expanded professional services coverage
- Crisis event expense reimbursement coverage
- Claim services and pre-claim assistance
- Broad definition of Professional Services
- Broad definition of Insured, including Independent Contractors
- Disciplinary Proceedings Coverage
- Personal Injury Coverage
- Pre-Claim Assistance and Expense Reimbursement
- Pre-approved Defense Counsel for Select Firms
- Subpoena Coverage
- And much more
Defend for the unexpected: exclusive Travelers Risk Management resources
As a Lawyers Professional Liability policyholder, you have online access to exclusive Travelers Risk Management resources that can help you identify and manage professional liability risk. Discover more about the valuable resources available such as claim studies, advisory bulletins, podcast and webinar recordings, an engagement letter guide and more.
Webinars and newsletters
For policyholders in each of our professional groups – accountants, design, real estate and lawyers – we offer frequent webinars on a variety of topics. These webinars, led by defense attorneys and industry leaders, cover a wide range of topics, including historical sources of professional liability risk, as well as emerging trends and issues. Some webinars include CEU credits.
Our newsletters, distributed directly to professional liability policyholders, offer insights into trends and issues that are relevant to your business.