Gemini Risk Partners, a Bloomfield Hills-based independent professional liability insurance brokerage for law firms, has introduced a new cyber liability program developed specifically for the legal industry.
Called CyberMate Legal, the program is written by a syndicate on the Lloyds of London platform.
“We are seeing a proliferation of cyber breaches and cyber liability claims against law firms, including significant ransomware demands,” says David Kramer, principal at Gemini Risk Partners. “With more firms offering remote work options to lawyers and staff, cyber intrusions on law firms have increased exponentially. We can now meet those needs for firms of all sizes with an ‘A’ rated insurer and comprehensive coverage.”
Kramer says the coverage has features typically not found in the cyber insurance marketplace such as “generous limits and is considered expressly primary against other insurance, meaning it will respond before a lawyer’s professional liability policy, which typically has a higher deductible.”
CyberMate Legal offers wording…
