Cyber Insurance for Law Firms

Low-cost, no-fuss coverage added to your malpractice policy.

Offered exclusively as an addition to ALPS lawyers' malpractice insurance (LPL), it's easy to add this separate policy for as low as $65 per attorney.

Provided through Beazley Group USA, take comfort in a 360° approach with solutions designed for lawyers.

Get higher limits with a stand-alone policy.

Offered through Cowbell Prime™, our stand-alone cyber insurance program is designed for small law firms. 

It delivers coverage for a wide range of cyber incidents, including email scams, ransomware attacks, social engineering, and more. 

ALPS has been providing cyber insurance as an add-on to our legal malpractice insurance since 2012. Over that time we've learned a lot about claims.

Here are some numbers to help you make the best decision for your firm.

On average:

• Solo law firms have paid out $4,004 per cyber claim
• Firms with 2-10 attorneys have paid out $9,476 per claim
• Firms over the size of 10 have paid out $8,808 per claim
• Across all firms, that averages out to $8,017 per cyber claim

You know your firm best. If your firm would benefit from having coverage that helps minimize the financial impact of a cyber attack, make the decision today. Take the step to mitigate the costs should a breach ever occur and get back to focusing on what really matters, taking care of your clients.

Should Lawyers Carry Cyber Liability Insurance?

If your firm stores data online, yes, you will benefit from the protection that is offered through cyber security insurance. 

Every single day, law firms face an untold number of cyber risks. From mistakenly opened phishing emails to visits to malicious websites that install dangerous software on any device, law firms are prime targets for cybercriminals. Safeguarding your electronic data and protecting your firm — and your clients' data — is an integral part of a risk mitigation strategy. If that information is compromised, your reputation and your livelihood can be at risk.

A strong cyber policy will not only provide for liability associated with any breach, but it will also provide you with expertise in the service required to respond to that breach. That expertise should include professional handling on resolving the breach, and help in meeting the specific notification protocols to individuals involved in the theft of personally identifiable information.

A cyber attack can be scary - but working with an insurance professional who specializes in law firm coverages can reduce some of that stress and let you breathe a little bit easier.