Professional indemnity insurance provider Lawcover has purchased a group cyber-risk policy to protect its insured law practices for 18 months, starting in January.

The policy will provide “foundational cyber-risk cover to Lawcover insured law practices and, importantly, with no forms to complete and at no additional cost”, CEO Michael Halliday said.

“The policy provides crisis assistance and protection from losses to a limit of $50,000.”

Lawcover is a wholly owned but independent subsidiary of the Law Society of NSW and provides approved professional indemnity policies to law practices in the state and ACT.