2018 Annual Report
Here Today, Here Tomorrow
Change is Here
Lawyers Mutual welcomed new managers to the team in 2018: Claire Modlin, VP of Claims, Kathy Fisher, VP of Underwriting, and Julie Beavers, Director of Client Services.
Diverse workplaces are more creative and effective. We learn and grow from each other.
Listening to different voices and perspectives lets us approach problems from different directions. This leads to new solutions.
In the future, the firms that thrive will be those that embrace diversity and inclusion.
At Lawyers Mutual we take our role as custodian of your personal information seriously. Your privacy is our priority.
LM Title is expanding Lawyer Mutual’s 41 year commitment to the real property bar by offering fast, accurate and reliable title insurance services to law firms throughout North Carolina.
Introducing Lawyers Mutual Consulting and Services ... here to help lawyers and our peers evolve and thrive in the changing Legal Marketplace. From Business Development and Marketing, to Succession Planning, to Firm Retreats, we are here to make your business more successful.
Last year was another strong year for us. We continued to strengthen our balance sheet while increasing our policyholder dividend from 5.6% to 6.9% of final policy premium (an increase of 23%).
One of the greatest benefits of being insured by a mutual insurance company is that we share our financial success with our policyholders. Our goal is not only to continue paying dividends. We hope to be able to continue to increase them.
We met the challenge of the changing face of the legal profession by offering our insureds more services to help them be competitive in the new legal marketplace.
All while recognizing that Relationships are the core of our business - in the past, present and the future.
While many aspects of a law practice resemble those of 30 years ago, some have undergone major change. Two of these are the cost of providing health coverage, and the risks that emanate from the digital revolution. Lawyers Insurance remains committed to addressing those changes and meeting the insurance needs of North Carolina law firms.
We are still going strong after more than 40 years in business.
We owe that success to our people, and the relationships they build.
We look forward to 2019 and the challenges and opportunities it brings.