Insurance / reinsurance

Go to page of 27

Solicitor professional indemnity cover may be wide in scope, but firms still find themselves facing claims for which they are not covered

The Solicitors Regulation Authority (SRA) is now in charge of the Solicitors Indemnity Fund (SIF), following years of uncertainty over its future

Cyber insurance, compulsory cover & spiralling premiums: Lubna Shuja sets out the latest findings of the Law Society on professional indemnity insurance

Law Society research into professional indemnity insurance (PII) has uncovered some interesting facts, not least that small firms tend to pay more and have a tougher time when renewing, Law Society President Lubna Shuja writes in this week’s NLJ

The average professional indemnity insurance (PII) premium is equivalent to 5% of a law firm’s annual turnover—but small firms pay more

The Solicitors Regulation Authority (SRA) has chosen London insurer PoloWorks as its delivery partner for managing the Solicitors Indemnity Fund (SIF), starting on 1 October.

Professional indemnity insurance (PII) covers the loss of a fee paid to solicitors following a misrepresentation, the Court of Appeal has held.

Seven in ten (72%) firms have not purchased cyber insurance amid a hardening professional indemnity cover market overall, research has shown.

Businesses that suffered losses during the pandemic have won a landmark COVID-19 business interruption test case against insurers.

Legal expenses insurance can play a vital role in maintaining access to justice and should be promoted more, according to the Association of Consumer Support Organisations (ACSO).

Show

Results

Go to page of 27

E-newsletter Sign-Up

MOVERS & SHAKERS

Read All

Bell Yard Kysen—Liz Giles

Bell Yard Kysen appoints senior legal PR and ex-government communications adviser, Liz Giles

Clarke Willmott—Lee Edwards

Clarke Willmott boosts Southampton commercial property team with addition of partner Lee Edwards

Lime Solicitors—four promotions

Lime Solicitors announces four promotions

NEWS

Read All

Law Officers mark 25 years of Pro Bono Week

The Attorney General, Ellie Reeves KC MP, and Solicitor General, Andy Slaughter KC MP, marked the 25th anniversary of Pro Bono Week by joining lawyers, charities, students and parliamentarians at events celebrating voluntary legal work

NLJ this week: Costs without limits?

An indemnity costs battle with a £20m gap could reopen an important question: what weight should an approved budget carry?

NLJ this week: Beyond environmental offences

The Environment Agency can prosecute offences beyond environmental legislation where proceedings support its statutory functions, the Divisional Court has confirmed

NLJ this week: New law, old convictions

Should a conviction stand when a later ruling reveals that the law underpinning it was wrong? The answer exposes a clash between finality and justice

NLJ this week: Who shaped the witness’s story?

Witness evidence can be compromised by AI before a solicitor sees the draft, leaving safeguards focused on authorship incomplete

Error message

Insurance / reinsurance

MOVERS & SHAKERS

Bell Yard Kysen—Liz Giles

Clarke Willmott—Lee Edwards

Lime Solicitors—four promotions