Insurance Solutions for Financial & Legal Associations | Lockton Affinity

Put our experience at mitigating and managing the risks faced by Financial professionals.

Whether you are an organization that represents CPAs, investment advisors or banking professionals, we can offer you decades of dedicated knowledge and experience providing liability and other specialized insurance for professionals like your members. We package Professional Liability, Cyber Liability and General Liability insurance into one comprehensive coverage bundle that protects your members, company, employees and offices.

In addition to offering insurance, we deliver value-added content. We provide risk management tools and resources to limit your member’s risk exposure and keep their premium costs down. We design customized insurance solutions versus some “off the shelf” insurance solution.

We keep up with the trends and regulations that impact your industry because we know how fast things can change and your members need coverage that can change, too.

Our commitment to client satisfaction is demonstrated by our 
90% client retention rate
—one of the highest in the industry.

Sponsor Insights

“Tom Schrandt and his team at Lockton Affinity, LLC bring both efficiency and expertise to the table. Not only do they meet our insurance needs in a timely fashion, striving to bring us the most economical deal, but they also bring expertise to the table in the ERISA arena, something rare to find in the industry. We have worked with Tom and his team for several years and we look forward to continuing to work with him in the future.”

Jason C. Roberts
CEO
Pension Resource Institute

Coverage offerings

We offer the coverage you need to protect your members, their assets and their business.

Professional Liability
(Errors & Omissions)

We provide Professional Liability Insurance that covers the cost of certain legal fees and judgments/settlements that your members may face as a result of claims stemming from rendering professional services to their clients. We design customized coverage based on a full analysis of your industry in order to determine your member’s insurance needs. We review all options and provide you a recommended insurance solution that best suits your association and your members.

Cyber Liability

Cyber Liability Insurance protects your members from the high costs resulting from the theft or breach of their client’s data. In addition, our Cyber Liability coverage provides notification services to your members to help them with the legal requirements which could cost up to $30 per affected record. Cyber Liability coverage is available as an add on to your member’s Professional Liability policy or as a stand-alone policy that works in tandem with their Professional Liability Insurance policy and others first-party coverage.

Business Owner’s Policy
(BOP)

Your members have a lot of time and money invested in their business. Our Business Owner’s Policy, or “BOP”, covers the costs from damage to their building, equipment or liability from a third party. We design customized Property and General Liability protection tailored to handle the specific needs of your member’s business. Professional Liability is normally not included within a BOP, so your members will need a separate policy for Professional Liability coverage.

Additional coverage offered

Industry experts

Our experienced insurance experts want to speak with you about you and your organization’s insurance needs. We will help you design an insurance solution that meets your coverage requirements.

Tom Schrandt
Producer

Kirke Dorweiler
Producer

Industry insights

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