Beazley has launched Beazley Practice Protect, an enhanced management liability policy for law firms. This policy will help them take on the rapidly evolving market for counsel and legal services.
Practice Protect will cover both “law firm partners and non-partner officers such as CEOs and COOs who are increasingly being recruited by law firms to manage growth, both organically and by acquisition.” Cyber liability coverage is available with Beazley Practice Protect under an additional coverage extension because liability insurance for data breaches is an increasing concern for law firms, which “hold highly sensitive information on behalf of their clients.”