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Industry-Specific Knowledge
Law firms and Laywers are among the highest risk professions. Each actual or alleged error or omission might lead to severe impacts on their operations, reputation, and profitability. Among the highest risks that Law firms and Laywers face, figure Malpractice and Professional Liability - the risk of being sued for errors or omissions in the practice of law that can lead to even loss of licensure; Cybersecurity and Data Breach - The risk of unauthorized access to confidential client information, such as personal data, financial information, and sensitive documents; Regulatory Compliance - The risk of non-compliance with laws, regulations, and industry standards, which can lead to fines, penalties, and reputational damage.
IIB understands the complex risks that professionals in the law practice sector encounter daily and offers a wide range of insurance products and consulting services to address your diverse exposures and manage your liabilities through our consulting and broking professionals, armed with robust industry background, experimented in placing comprehensive insurance programs for Law firms and Laywers and defending Law firms and Laywers liability litigations over complex claim settlement and support.
Insurance Solutions Recommended
Professional Indemnity Liability Insurance (PI)
Covers errors and omissions while providing professional services, including mistakes, missed deadlines, and cost overruns, including liability relating to design miscalculation leading to property damage or an oversight that delays a project’s completion
Learn moreCyber Liability Insurance (CLI)
Protects against data breaches and cyber-attacks leading to increasing IT costs, ransomware, business interruption, reputational damage etc…., which are increasingly relevant for firms storing and processing client sensitive data and operating on a worldwide internet/digital environment like professional services firms
Learn moreEmployees benefits and Healthcare (EB&H)
IIB provides advisory to build the most robust and adapted employees benefits scheme that fits your operations, size and HR strategies. We also provide broking services for Healthcare, Workers’ Compensation Insurance (WCI) and Personal Accident (PA)
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