Most malpractice insurers are commercial companies that focus on increasing the wealth of their investor stockholders.
FLMIC is a mutual company.
Our company is owned entirely by the lawyers we insure. When you buy a FLMIC policy, you join our family of owners, you vote for members of our board, and you enjoy all the benefits of membership. We exist to serve our members and the state’s legal community, not the bottom line on the commercial carrier’s financial statement.
We were created by The Florida Bar.
In the 1980s, Florida’s legal community faced a crisis: legal malpractice insurers were pulling out of the market, leaving lawyers and their clients exposed. Recognizing the problem, The Florida Bar created FLMIC so lawyers like you would have a reliable source for high-quality Lawyers’ Professional Liability (LPL) insurance. While The Florida Bar has since divested its ownership, we are the only legal malpractice insurance company recommended by The Florida Bar.
Legal malpractice insurance is all we do.
Most of the commercial companies, through agents, sell many lines of insurance. In many cases, lawyers’ professional liability insurance is offered as an add-on incentive so you’ll buy their other insurance products. But legal malpractice insurance is too important to be treated as an afterthought or a bonus. Even an unwarranted claim can derail your practice, and your reputation is on the line. It’s important that your insurer understand Florida lawyers’ professional obligations inside and out. At FLMIC, we’ve been doing it for over 30 years. We’ve never done anything other than sell legal malpractice insurance and provide superior claims service.
We stay in the market.
Even today, commercial insurers leave the market when conditions become unfavorable. FLMIC doesn’t do that. Since incorporating in 1987, FLMIC has stood as a solid rock for Florida Lawyers. You can count on us because we’re here to stay.
AM Best has awarded us an A rating for Excellent Financial Strength.
The coveted A rating isn’t easy to come by and not all insurance companies have it, but FLMIC has enjoyed that status for well over a decade. Our company is well capitalized with sufficient financial assets to weather any storm. Additionally, we partner with top reinsurers to provide additional protection and confidence to our insureds.
We’re owned, operated, and managed by Florida lawyers like you.
FLMIC values the lawyer’s perspective. Every member of our management team and Board of Directors is a current or former member of The Florida Bar, including several past presidents and a previous executive director of The Florida Bar. Additionally, we have lawyers working in our Marketing and Claims departments. We understand what it means to meet Florida’s standard of care in the real-world, 21st century practice of law.
Florida is our whole world.
Wherever you are, we’re not far away. Because we limit our policies exclusively to lawyers practicing in Florida, we’re able to focus on the coverage you need. Our offices are centrally located in the town of Oviedo, just outside Orlando in Central Florida. Our directors are located throughout the state, and we partner with voluntary bar associations from coast to coast, north to south.
We hook you up with free CLE and other resources.
Only FLMIC policyholders have access to an exclusive portal of free online resources, including hours upon hours of free Florida CLE, risk management guidance, and more. You’ll also enjoy access to our free Risk Management Hotline.
If a claim is filed against you, FLMIC’s in-state and deeply experienced Claims Specialist will personally handle your case.
Facing a claim can be scary and uncertain. The last thing you want is to be transferred to an out-of-state stranger in another state. Unfortunately, that’s exactly what happens with many of the larger commercial providers. But at FLMIC, we know that alleged malpractice is personal. We treat it that way. If you find yourself facing a claim, we’ll give you the personalized, real-human-being support you need and deserve.
FLMIC is the only direct-write legal malpractice insurance company in Florida.
You don’t have to buy a policy through an independent agent or broker. Talk to our underwriters directly. Get to know them. They’re here to help you get the coverage that makes sense for you and your firm.
Solo practitioners & small and mid-sized law firms are welcome at FLMIC.
Legal malpractice insurance companies don’t always want to insure (or will surcharge) solo and small firm law practices. Why? Statistically speaking, they’re the most likely to incur a claim. But for more than 30 years, FLMIC has consistently stood as an ally to Florida’s solo, small, and mid-sized law firm population. We want to do business with you.
Ours is an aggregate deductible.
Some lawyers’ professional liability policies require you to pay your deductible on each and every claim made during the policy term (a “per-claim deductible”), whereas FLMIC policies feature an aggregate deductible.
Higher-quality policy features make all the difference.
FLMIC offers terms and features you might not find with other policies, including Defense Outside the Limits and First-Dollar Defense. If you’re like many lawyers, these are terms you might not have encountered before, but they make a big difference. Learn more.
We want to build a relationship with you.
FLMIC is known for its unique culture. We are a small team of passionate, personable professionals. We’re good at what we do, and we believe in our mission. Just as importantly, we care about each other and about the lawyers we ensure. Not a week goes by without the words “relationship,” “trust,” and “loyalty” on our lips. Our company was created with those values as part of our ethos. We stand by our insureds.
We’ve built our reputation by vigorously defending yours.®
For more than thirty years, Florida lawyers like you have associated the name FLMIC with integrity and good standing.
We work with top defense counsel.
If and when the time comes to bring in outside counsel on your claim, you can count on FLMIC to engage the top names in Florida professional liability law & legal malpractice defense to represent you. We only work with experienced, seasoned defense attorneys who have a reputation for the highest-quality legal services and for success.
Cyber liability coverage is a standard feature.
Some lawyers qualify for premium discounts.
Attorneys who have been Board Certified by The Florida Bar qualify for a 10% premium discount. We also offer premium discounts to lawyers who practice in low-risk practice areas and who have a claims-free history.
FLMIC is committed to diversity.
Since incorporating since 1987, FLMIC has practiced its core values of diversity, inclusiveness, and equal treatment and justice for all people. We work with our bar partners to promote diversity in Florida’s legal community.
FLMIC is recommended by The Florida Bar & state and local voluntary bars as their preferred legal malpractice insurer.
FLMIC is proud to be the recommended legal malpractice insurer for members of: The Florida Bar, Florida Association for Women Lawyers, Virgil Hawkins Florida Chapter National Bar Association, Jacksonville Bar Association, Broward County Bar Association Lawyer Referral Service, and Hillsborough County Bar Association Lawyer Referral Service. No other provider is as widely recommended within Florida’s bar community.