Beazley reveals new offering for large law firms

Benefits include 'a single point of underwriting'

Beazley reveals new offering for large law firms

Insurance News

By Terry Gangcuangco

Specialist insurer Beazley has something new to offer – launching the Beazley Global Lawyers Consortium to provide professional indemnity insurance to large UK-based law firms.

In a statement sent to Insurance Business this morning, Brenna Westinghouse cited a changing landscape for law firms, especially for the larger ones whose offering is becoming more and more global.

“With the risks confronting firms growing in severity and complexity, we recognise the importance of being able to offer sufficient coverage and a highly tailored service,” added Westinghouse, large law firm focus group leader at Beazley.

According to the announcement, the Beazley-led consortium provides £10 million of primary capacity.

“This new consortium offers an effective and efficient solution with a single point of underwriting,” said Westinghouse. “Claims service will be delivered by Beazley’s highly experienced lawyers’ professional indemnity team.”

 

 

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