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Insurance Glossary

The world of insurance for law firms can be confusing, and difficult to navigate. We've created this glossary because these common insurance terms should be easy to understand.

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Chris Newbold, Chief Operating Officer

Chris L. Newbold is Executive Vice President of ALPS Corporation and ALPS Property & Casualty Insurance Company, positions he has held since 2007. As Executive Vice President, Chris oversees ALPS business development team, sales strategy and served as ALPS’ chief liaison into the bar association community until 2023. Externally within legal circles, Chris is a recognized nationally based on his roles as a strategic planning facilitator to bar associations and bar foundations, his leadership work in the lawyer well-being movement and his work advising states regulators and / or bar associations exploring the merits of implementing mandatory malpractice insurance requirements or stricter client disclosure rules. On the strategic planning front, Chris’ lawyer credentials, knowledge of legal industry trends and keen observations into bar association relevance catapulted him into desired facilitator in legal conversations nationally. Chris' unique and innovative strategic planning approach have resulted in his leading retreats and legal conversations at the national, state and local levels, including with State Bars in Maine, Vermont, Virginia, Kansas, South Dakota, North Dakota, Montana, Idaho, Wyoming, Nevada, the U.S. Virgin Islands, as well as the National Conference of Women’s Bar Associations. On the issue of lawyer well-being, Chris has been at the epicenter of discussion both strategically and as an advocate. As co-author of the movement launching 2016 report The Path to Lawyer Well-Being: Practical Recommendations for Positive Change, his leadership as co-chair of the National Task Force on Lawyer Well-Being, his participation on the ABA’s Working Group to Advance Well-Being in the Legal Profession, his role as co-host The Path to Well-Being in Law podcast, and his time as President of The Institute of Well-Being in Law Chris has been at the forefront of a movement intent on creating a culture shift in the legal profession, and advancing personal and professional satisfaction in all sectors of legal life. Chris has also been active nationally counseling State bar associations and regulators on the viability of requiring lawyers to maintain malpractice insurance as a condition of licensure. Given Chris’ insurance industry knowledge, particularly within small firms and solo practitioners, his insights have been additive to the conversations in states like Nevada, Washington, California and Idaho. Chris is also well versed in alternatives to mandatory insurance like client disclosure rules. Chris received his law degree from the University of Montana School of Law in 2001 and holds a bachelor’s degree from the University of Wisconsin-Madison (1994). Following his graduation from law school, he served one year as a law clerk for the Honorable Terry N. Trieweiler of the Montana Supreme Court. After his clerkship, he launched his ALPS career as President and principal consultant of ALPS Foundation Services, a non-profit fundraising and philanthropic management consulting firm. In that capacity, he authored The Complete Guide to Bar Foundations in conjunction with the National Conference of Bar Foundations. Outside of the law, Chris is currently chair of the board of directors of the University of Montana Alumni Association, has authored two children’s book about collegiate mascots (The Big Bucky Badger Mystery (Wisconsin) and The Wild Wolf Pack Mystery (Nevada)) and enjoys his Montana lifestyle with his wife, Jennifer, and their three children, Cameron, Mallory and Lauren.

Lawyer well-being sign

2 min read

2023 Attorney Wellness - A Year in Review

The new year tends to be a time of reflection as we consider how far we’ve come and start to think about the exciting possibilities for the year ahead. It is in that spirit of reflection that I want to take a moment to express my heartfelt thanks...

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four lawyers supporting each other

1 min read

Prioritize Wellness: It's the Right Thing to Do

Every day, we work together to advance the communities we care about. At ALPS, that means we’re thoughtful in our charitable giving of elevating...

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2 min read

National Task Force on Lawyer Well-Being Establishes Institute for Well-Being in Law

New nonprofit seeks to prioritize and improve well-being in the profession Washington – April 26, 2021: The National Task Force on Lawyer Well-Being...

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15 min read

ALPS In Brief – Episode 37: Don't Mind Your Own Business

How can we make real changes within the practice of law to lessen the impact of stress on individuals in this profession? In this episode of the...

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18 min read

ALPS In Brief – Episode 34: An ABA President’s Hope for the Future

What is the American Bar Association (ABA) doing to ensure there is a national voice for, not just the legal profession, but for vulnerable people...

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9 min read

ALPS In Brief Podcast - Episode 26: Paving the Way. Examining Idaho’s Model for Required Malpractice Insurance

Last year, Idaho became the second state to require malpractice insurance for private practitioners — and the first to adopt an open-market model...

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10 min read

ALPS In Brief Podcast – Episode 24: Train the Brain: Why Lawyer Mindfulness is Good Business

Jeff Bunn, lawyer, wellness expert and owner of the Mindful Law Coaching and Consulting Group, presents the business case for investing in attorney...

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16 min read

ALPS In Brief Podcast – Episode 22: Project Rural Practice, Progress and Projections

ALPS Executive Vice President, Chris Newbold, caught up with former State Bar of South Dakota President and business transaction and estate...

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9 min read

ALPS In Brief Podcast - Episode 13: Protecting the Public

While he was facilitating the State Bar of Nevada Strategic Planning, ALPS Executive Vice President Chris Newbold, also had the opportunity to sit...

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9 min read

ALPS In Brief Podcast - Episode 10: Why is mandatory malpractice insurance gaining ground?

ALPS Executive Vice President, Chris Newbold, recently sat down with Doug Ende, the Chief Disciplinary Counsel at the Washington State Bar...

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11 min read

ALPS In Brief Podcast - Episode 9: The LLLT, Pioneering Efforts in Access to Justice

Recorded from the Washington State Bar Association offices in Seattle, ALPS Executive Vice President, Chris Newbold, sits down with WSBA Executive...

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