We are a leading specialist professional liability broker in London for US and UK lawyers, and our client representation includes many of the leading AmLaw 100 and 150 law firms.
Paragon works closely with various clients in the legal sector to minimise their exposure to the risks facing their specific business, and is recognised as one of the foremost specialist professional liability brokers.
Paragon recognises that every firm is unique and specialises in securing competitive professional liability insurance for various types, sizes and disciplines of law firms:
- Large law firms that require complex global programs with high excess limits underwritten by insurers all over the world
- Law firms with specialist practice areas, such as intellectual property, entertainment, securities and class action plaintiff
- Law firms who are looking for alternatives to their existing programme, or want to purchase additional limits in excess of their existing programme. These can be programmes placed in the commercial market, a mutual or a domestic primary placement
Paragon has a strategic broking Partnership with one of the leading German independent broker for professional liability, Gossler, Gobert & Wolters Gruppe (The GGW Gruppe). GGW serves numerous law firms in Germany and acts also for the German subsidiaries of international law firms for the mandatory local PI cover and all non-PI lines. We are currently working with GGW to assist our clients with Brexit and future implications. The German LLP will need to change the current structure, forming a “PartGmbB“, and as a result will have to ensure they continue to meet the local mandatory insurance requirements.