A lawyer’s professional liability insurance is one of the best tools for managing risk, but great coverage is about more than the basic protections. When you purchase coverage from the Colorado Bar Insurance Program you receive more than insurance.
When it comes to the important choice of legal malpractice insurance for you and your practice, Lockton Affinity and CNA offer benefits designed for Colorado Bar members.
10 Colorado Bar Insurance Program Benefits
1. Unique Protection
Lockton Affinity and CNA partnered together to create an insurance program designed specifically for CBA members. This helps ensure the products, solutions and available coverage from the program are right for your firm.
2. Broad Coverage
CNA has a broad underwriting appetite and issues Professional Liability coverage to attorneys engaged in a wide variety of practice areas. Your policy provides coverage for the cost of legal fees, judgments or settlements resulting from covered claims and litigation brought against you for an act or omission in the performance of your legal service.
3. Risk Control Resources
CNA presents an industry-leading risk control program available to insured lawyers. It offers in-person risk control seminars, webinars or on-demand programs, as well as articles and other risk management resources to help policyholders prevent claims.
4. Risk Management Credit
The Colorado Bar Insurance Program knows education can help reduce the risk of malpractice claims and rewards lawyers who play an active role in minimizing their risk. You can earn up to a 7.5% premium credit for your completion of CNA’s risk control programs, which also qualify for continuing legal education credit in Colorado.
5. Risk Control Hotline
Pre-claim assistance has been found to be an effective way to manage risk and minimize claims. With the Colorado Bar Insurance Program, you can contact a CNA risk control hotline for guidance on difficult ethics, administrative questions or law practice management issues.
6. Extended Reporting Periods
Professional Liability coverage from the Colorado Bar Insurance Program provides for an automatic extended reporting period, a death and disability extended reporting period, and a non-practicing extended reporting period. You may also be eligible to purchase an optional extended reporting period.
7. Insurance Expertise
Lockton Affinity has been providing best-in-class insurance for professionals like you for more than 30 years, and our reputation in the industry is unparalleled, while CNA has been in the Lawyer Professional Liability (LPL) business for more than 60 years, and remains an undisputed market leader in the number of attorneys insured.
8. Dedicated Service
Our knowledgeable and experienced service team is focused on insuring CBA members. We will provide guidance throughout the process and ensure you receive the coverage you need. Whether you have a complex situation or a simple question, a real person is available to support you.
9. Affordable Policies
By partnering with CNA, we ensure you receive the most complete coverage at the right cost. CNA is one of the largest U.S. commercial property and casualty insurance companies. They also have vast experience in the LPL sector that helps ensure you get access to the best price available.
10. Efficient Timelines
Lockton Affinity implements and manages insurance solutions to provide a best-in-class insurance experience. We will get you covered quickly and easily, so you can get back to your work.
Learn more about the Colorado Bar Insurance Program benefits at COLawyerInsurance.com or request a customized price indication in minutes to see what coverage will look like for your firm.
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