Solicitors Professional Indemnity moved into the mainstream in 2000 when the Solicitors Indemnity Fund closed down (SIF). Now all Solicitors are required to place their insurance in the open Professional Indemnity Market with Insurers approved by the Law Society on a specialist wording.
The market has shrunk significantly in the last few years, and this is not helped by all solicitors having to renew their insurance policies on the same day – 1st October. This generally results in a mad rush to obtain cover with some firms not securing insurance cover until late on the 30th September.
There are a wide range of different types of legal firm in the UK and the degree of risk varies dramatically between the disciplines. For example a criminal defence lawyer will pay much less than a Litigator or Conveyancing expert. Using our excellent network of insurers and our team’s vast experience, PI Expert will provide a first class service for firms of all sizes and ensure that your practice is presented in the best possible light.
The PI Expert approach aims to make the solicitors renewal process as painless as possible by introducing you to the right insurer who understands your business early on in the renewal season and helping you to secure competitive terms with a company that you can develop a long term relationship with.
Our specialist, experienced and dedicated solicitors professional indemnity team has access to all qualifying insurers which enables us to offer the most appropriate advice and most cost-effective professional indemnity insurance available.
To obtain a no obligation solicitors professional indemnity insurance quotation, simply download and complete one of our solicitors PI proposal forms. Instead, if possible, send us a copy of the insurance proposal form completed for your existing broker.
Alternatively, register your interest now and we will arrange to contact you early in the renewal season to ensure that your firm is able to secure proper cover in a timely manner.
Quite often, people living in a block of flats or along the same street may form a Residents’ Association or Residents’ Management Company. It’s…
Clients often ask PI expert why they need to buy Professional Indemnity Insurance. We believe that the best way to explain where the risk lies is by using examples of people in similar trades.
We look after all sorts of people and all sorts of professions. From Architects to Accountants, Engineers to IT Professionals, Solicitors to Scientists, Tree Surgeons to Translators.