When it comes to your protection - have expectations. Your insurance broker should be more than an intermediary that passes your risk solutions and other coverages from the application stage to the hands of your potential carrier. A Lawyers Professional Liability broker wants to help you prevent, minimize or transfer the risk of the claims. They should be thinking ahead to how potential claims could occur and to ensure they are an active advisor to you if something happens.

Your broker should also help address liabilities associated with any type of financial loss your firm may incur – which might become a distraction to the legal services you provide. In addition, there are numerous ways a broker can assist your firm with risks that are not related to legal malpractice. If the overall financial health of the firm suffers, it can have an impact. From providing a complete insurance program that encompasses all property and casualty lines to employee benefits, to keeping your firm advised on hot button topics of interest relevant to your client base, you should expect your broker to provide that.