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Specialization gives us an edge in LPL insurance

LAWYERS, particularly those practicing at large firms, are highly trained specialists who know their areas of the law inside and out. When it comes to their professional liability insurance, I believe they are best served by agents or brokers who

By Jody Harris | Updated on August 31, 2004

LAWYERS, particularly those practicing at large firms, are highly trained specialists who know their areas of the law inside and out. When it comes to their professional liability insurance, I believe they are best served by agents or brokers who also are highly specialized.

Certainly that notion lies at the heart of our strategy at Arthur J. Gallagher & Co. I’m an area senior vice president and managing director of Gallagher Lawyers Professional Solutions, which is part of Gallagher Strategic Risk Solutions, a group of niche specialists who concentrate on various professional liability lines. My team, which consists of six people, focuses solely on lawyers professional liability insurance, which I feel gives us an important competitive edge. We sell business directly and also work with other Gallagher producers across the country. In addition to this retail operation, we have a wholesale subsidiary, Risk Placement Services, that specializes in LPL insurance.

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