4 Ways to Advise Law Firms in the Face of Cybercrime

Berkley Select’s Al Roberts, Vice President of Underwriting, Lawyers Professional Liability, (LPL), was featured in the Independent Insurance Agents and Brokers of America (Big i) magazine in June 2024 where he wrote about the concerning trend of law firms becoming increasingly vulnerable to cybercriminals.

There are many different ways cybercriminals can take advantage of a law firm’s vulnerabilities—from hacking their network and stealing personal information belonging to employees, clients or both, to ransomware attacks where a firm’s computer network is shut down until a financial demand is met.

In this piece, you will learn more about the below key points on how insurance agents can help their law firm clients with:

• The importance of law firms purchasing a standalone cyber policy.
• Making sure law firm clients maintain a robust cybersecurity program.
• Ensuring law firm clients have a verification process for financial transactions.
• Encouraging regular training.

You can view the full post here: 4 Ways to Advise Law Firms in the Face of Cybercrime (iamagazine.com)

Meet the Author

Al Roberts, Vice President, Berkley Select Lawyers Professional Liability

Al Roberts joined Berkley Select in 2021 as Vice President of Underwriting, Professional Liability and has an impressive 25 year background in the insurance industry. His experience spans working at an MGA and multiple carriers specializing in professional liability. After a brief stint in private practice at a law firm in Chicago, Al was driven back to underwriting lawyers professional liability. Al has served on the Professional Liability Underwriting Society’s (PLUS) Midwest Steering Committee and has been a guest speaker as well as a moderator at several industry events over the years. He is a strong networker leading a best-in-class team of LPL underwriters. Al has a JD from the University of Illinois Chicago School of Law and a BS from Northern Illinois University.