Report all incidents immediately to Coalition, Inc.
THE COVERAGE IS PROVIDED ON A "CLAIMS-MADE" AND REPORTED BASIS, AND APPLIES ONLY TO CLAIMS THAT ARE BOTH FIRST MADE AGAINST A FIRM AND REPORTED DURING THE POLICY PERIOD. PLEASE READ THE POLICY CAREFULLY.
Coalition is the only insurance firm with a dedicated 24/7 incident response and claims team to help you quickly respond to an incident and attempt to prevent a claim before a loss occurs. Reporting a claim is free to you. Even if your incident was a “near miss” or you think that it was brought about by a weakness in another party’s network, you need to report so Coalition’s security team can ensure you have no remaining risk.
An incident can be reported by telephone, on-line chat, or email. Your policy number is C-4MF3-168307-CYBER-2021. After the initial triage stage, the services provided by Coalition will expand, as appropriate, to include forensics and incident response costs, notification and credit monitoring costs, a breach coach or privacy lawyer (2 hours free) to advise on regulatory compliance, data restoration costs, network interruption costs, ransomware hacking and negotiation support, and more. These services are also at no additional cost and do not require payment of a deductible. If you need more than 2 hours with the privacy lawyer, or other covered services outside of those provided by Coalition, Coalition will discuss your deductible with you before you need to pay anything.
Email: claims@coalitioninc.ca
On-line chat: Coalition – Cyber Risk, Solved.
Toll-free phone: 1.833.866.1337
Reporting trust shortages to LIF and the Law Society
Your indemnification policy through LIF provides some additional protection for lawyers who fall victim to a 'bad certified cheque' or other 'social engineering' scam, helping ensure that clients do not suffer a loss of trust funds. To access this coverage, you need to report the claim, potential claim, or “near miss” to us: Report a Claim. Coverage is contingent upon compliance with the Law Society’s client identification and verification rules.
Law Society Rule 3‑74 (Trust Shortage) requires you to protect your client’s trust funds and immediately pay enough funds into the account to eliminate a shortage. Should you discover a shortage, you must immediately notify the Executive Director in writing of all the relevant circumstances if you have reason to believe that:
- the shortage is greater than $2,500, or
- you will be unable to deliver up, when due, any trust funds.
To report a trust shortage under Rule 3-74, contact the Law Society's Trust Assurance Department (trustaccounting@lsbc.org; 604.697.5810). For sample letters for reporting trust shortages, see Appendix C of the Law Society's Trust Accounting Handbook (pages 81-83).
Please contact a Law Society Practice Advisor at 604.669.2533 or practiceadvice@lsbc.org if you have questions regarding your professional responsibilities.
Reporting to other insurers
If you have other insurance that might respond to the claim, you will need to notify that insurer separately. Contact your broker to make the report.