Reinsurance News

Swiss Re announces Lockton Affinity as administrator for Tennessee LPL program

12th May 2020 - Author: Luke Gallin

Global reinsurance giant Swiss Re has selected Lockton Affinity, an affiliate of Lockton Companies, as the new program administrator for its Lawyer Professional Liability (LPL) insurance in Tennessee, U.S., effective June 1st, 2020.

insurance lawThis program provides lawyers with a comprehensive Professional Liability solution through Swiss Re, with best-in-class administration from Lockton Affinity, one of the leading program administrators in the country.

Key benefits of the program include, experienced in-house claims team staffed with licensed attorneys; free CLE credits available for policyholders; automatic renewals available for firms that qualify; and free, unlimited extended reporting periods available for retiring attorneys within a covered firm.

By bringing together Lockton Affinity’s experience in developing bespoke insurance programs with Swiss Re’s LPL sector knowledge, attorneys in the Tennessee region have access to a leading Professional Liability insurance program.

In addition, attorneys in the state also gain access to CyberLock Lawyer, a cyber risk policy designed specifically to protect both lawyers and firms from cyber threats, including things like confidentiality and privacy breaches, computer system disruptions, hackers, fraudulent fund transfers, malware, extortion and ransomware.

Swiss Re Corporate Solutions, a division of Swiss Re, underwrites Lockton Affinity Lawyer’s Professional Liability solutions for California, Kansas, Missouri, Pennsylvania, Tennessee, and Texas.

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