Old Republic Lawyers Specialty Insurance

What Old Republic Lawyers Specialty Insurance does

Old Republic Lawyers Specialty Insurance (ORLSI) is a U.S. specialty insurance provider that exclusively underwrites Lawyers Professional Liability (LPL) coverage for solo practitioners and small law firms with up to 35 attorneys. Founded in 2023 and headquartered at 307 North Michigan Avenue, Chicago, Illinois, ORLSI operates as a wholly-owned subsidiary of Old Republic International Corporation (NYSE: ORI), a Fortune 500 insurance holding company. The company offers a single core LPL product with policy limits ranging from $100K/$300K to $5M/$5M, multiple deductible structures (including First Dollar Defense), Claims Expenses Outside Limits of Liability, Mutual Consent to Defense Counsel, and an Early Claim Resolution Deductible Reduction up to 50% (capped at $12,500). The product is supported by a Risk Control Hotline and a broad definition of 'legal services' that includes pro-bono work, arbitration, mediation, title agency services, notary public, fiduciary capacities, and professional association roles.

ORLSI generates revenue through recurring annual insurance premiums, with pricing determined through individual underwriting assessment rather than published rates. The go-to-market model is exclusively channel-based: distribution is managed through an exclusive network of Managing General Underwriters (MGUs) referred to as 'State Administrators' (including Gilsbar in Alabama, USI Affinity in Arizona, and AMBA in Colorado, Utah, and Virginia), which in turn work with independent insurance agents and brokers across 32 states and the District of Columbia. Insurance contracts are underwritten and issued by Pennsylvania Manufacturers' Association Insurance Company, Manufacturers Alliance Insurance Company, and Pennsylvania Manufacturers Indemnity Company — all members of PMA Insurance Group rated A+ (Superior) XV by AM Best (as of August 20, 2024) and A2 Stable by Moody's. Claims handling is led by Frank English, VP of Lawyers Claims at PMA Companies. The subsidiary supplements its core product with a Law Firm Solutions Program bundling value-added partnerships: CertifID for wire fraud protection (up to $5M coverage per protected wire), Blue Team Alpha for cybersecurity services, Smokeball for practice management software (10% discount for policyholders), and Roy Ginsburg for succession planning. ORLSI employs approximately 5 direct staff, with the broader leadership team comprising licensed attorneys and credentialed actuaries with 20–35+ years of Lawyers Professional Liability specialization.

Name

Old Republic Lawyers Specialty Insurance

Legal name

Old Republic Lawyers Specialty Insurance

Website

https://orlawsi.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Old Republic Lawyers Specialty Insurance underwrites Lawyers Professional Liability coverage exclusively for solo and small U.S. law firms with up to 35 attorneys, distributed through an exclusive network of Managing General Underwriters called State Administrators across 32 states plus D.C.

Ownership category

akta.pro rank

Product category

Specialty Professional Liability Insurance

NAICS

Other Direct Insurance (except Life, Health, and Medical) Carriers (524128), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Carriers, Nec (6399)

akta.pro primary industry

Professional Liability (Errors & Omissions) (FSAJADAB)

Keywords

• Lawyers professional liability insurance
• Legal malpractice insurance
• Professional liability coverage
• Specialty insurance underwriting
• Law firm risk management

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Technology or R&D

Revenue model

1. Insurance Premiums: ORLSI generates revenue through insurance premium payments collected from policyholders. As a specialty insurance provider for Lawyers Professional Liability, premiums are collected on a recurring basis from law firm clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Old Republic Lawyers Specialty Insurance underwrites and distributes Lawyers Professional Liability (LPL) insurance policies for solo attorneys and small law firms with up to 35 attorneys across 32 U.S. states and the District of Columbia. Coverage is offered through an exclusive network of Managing General Underwriters (State Administrators) with policy limits ranging from $100K/$300K up to $5M/$5M, multiple deductible options including First Dollar Defense, and option for Claims Expenses Outside Limits of Liability. Underwriting and claims handling are performed by specialized professionals, with insurance contracts issued by PMA Insurance Group carriers.

Product overview

Old Republic Lawyers Specialty Insurance (ORLSI) is a specialized insurance provider offering a single core product: Lawyers Professional Liability (LPL) insurance coverage. The LPL product is distributed exclusively through a network of Managing General Underwriters (MGUs) referred to as State Administrators, serving solo and small law firms with up to 35 attorneys. The product provides comprehensive professional liability protection with broad policy terms including risk control services, policy limit options up to $5M/$5M, and multiple deductible structures.

Differentiator

Problem solved

Functional benefit

Products and services

• LPL (Lawyers Professional Liability) Insurance Lawyers Professional Liability insurance coverage for solo and small law firms with up to 35 attorneys. Policies are underwritten by PMA Insurance Group carriers (A+ Superior by AM Best, A2 Stable by Moody's) and offer policy limits from $100K/$300K up to $5M/$5M, multiple deductible options including First Dollar Defense, Claims Expenses Outside Limits of Liability option, Mutual Consent to Defense Counsel, Early Claim Resolution Deductible Reduction up to 50% (capped at $12,500), broad definition of covered legal services (including pro bono, arbitration, mediation, title agency, notary public, fiduciary capacities, and professional association roles), and access to a Risk Control Hotline.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered minor and core.

• CertifIDminorStrategic or Co-development PartnerCertifID is a leader in wire fraud protection and recovery services. ORLSI has partnered with CertifID as part of the Law Firm Solutions Program to offer wire transfer fraud prevention and recovery services to law firms, with up to $5M in direct coverage on every wire protected. The partnership provides discounted pricing to ORLSI insureds.
• Roy GinsburgminorStrategic or Co-development PartnerRoy Ginsburg is a licensed attorney assisting solo and small-firm practices with succession planning. Services include valuing a law practice, finding successors, and structuring deals. ORLSI policyholders receive a free 30-minute consultation and a free copy of his e-book 'Exit Strategies for Lawyers' through the Law Firm Solutions Program.
• Blue Team AlphaminorStrategic or Co-development PartnerBlue Team Alpha (BTA) is a veteran-owned cybersecurity firm providing advisory, offensive, and technical cybersecurity services. The firm has over 65% of its technical team from former nation-state-level experts from DoD and DHS. BTA provides cybersecurity protection for law firms as part of the ORLSI Law Firm Solutions Program.
• SmokeballminorStrategic or Co-development PartnerSmokeball is a legal practice management software platform offering automatic time tracking, invoicing, workflows, over 20,000 standard legal forms, and actionable reports. ORLSI policyholders receive a 10% discount on Smokeball through the Law Firm Solutions Program to boost firm productivity and profitability.
• PMA Insurance GroupcoreStrategic or Co-development PartnerPMA Insurance Group is a sister company of Old Republic Lawyers Specialty Insurance that handles lawyers claims. Frank English, VP of Lawyers Claims at PMA Companies, manages defense of lawyers and law firms from professional liability claims. PMA Companies underwrites and issues insurance contracts for ORLSI.
• Pennsylvania Manufacturers' Association Insurance CompanycoreStrategic or Co-development PartnerPMA Insurance Group member company that underwrites and issues ORLSI insurance contracts. Rated A+ (Superior) XV by AM Best and A2 Stable by Moody's.
• Manufacturers Alliance Insurance CompanycoreStrategic or Co-development PartnerPMA Insurance Group member company that underwrites and issues ORLSI insurance contracts. Rated A+ (Superior) XV by AM Best.
• Pennsylvania Manufacturers Indemnity CompanycoreStrategic or Co-development PartnerPMA Insurance Group member company that underwrites and issues ORLSI insurance contracts. Rated A+ (Superior) XV by AM Best.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Chubb (Executive Risk / Professional Indemnity): Global insurer with a long-standing Executive Risk and professional indemnity franchise that includes Lawyers Professional Liability. Comparable as a high-rated incumbent competing on financial strength and broad coverage terms.
• CNA Financial (Hardy Underwriting): Major commercial P&C insurer with a long-standing Lawyers Professional Liability practice. Competes head-to-head in the small/mid-market LPL segment, offering greater scale and broader product lines than ORLSI.
• Beazley: Specialty insurer with a sizeable professional liability division that writes Lawyers Professional Liability. Comparable because Beazley targets professional services firms with similar policy structures and risk-control services.
• Markel Insurance: Specialty insurer with a professional liability practice covering lawyers and other professionals. Comparable as a multi-line specialty carrier offering E&O coverage to small and mid-sized professional services firms.
• AXA XL (Professional Lines): Global specialty insurer offering Lawyers Professional Liability as part of its professional lines portfolio. Comparable as a large incumbent with broad risk appetite and similar policy features.
• Travelers (Professional Liability): Major P&C insurer that underwrites Lawyers Professional Liability for small and mid-sized firms. Comparable as a broad-line carrier competing in the same LPL segment with strong broker relationships.

Direct peers

• Attorneys' Liability Assurance Society (ALAS): Mutual insurance company providing professional liability coverage to lawyers and law firms. Comparable as a specialty carrier operating within the same Lawyers Professional Liability product category with similar risk-control and claims services.
• Lawyers Mutual Insurance Company: Mutual carrier focused exclusively on Lawyers Professional Liability for solo and small firms. Closely comparable to ORLSI in target customer, product line, and distribution through appointed agents.
• Hiscox: Specialty insurer with a strong small-business professional liability franchise, including Lawyers Professional Liability for solo and small firms. Competes in the same underserved niche ORLSI targets, often through a program/MGU distribution model.

Emerging players

• Hanover Insurance Group (Professional Lines): Mid-size commercial insurer with a professional lines offering that includes Lawyers Professional Liability. Comparable as a growing specialty carrier pursuing similar small-firm and middle-market professional services customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/old-republic-lawyers-specialty-insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Old Republic Lawyers Specialty Insurance