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SIF partnership with London insurer announced

13 September 2023
Issue: 8040 / Categories: Legal News , Profession , Insurance / reinsurance , Regulatory
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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. 

Paul Philip, SRA chief executive, said Polo ‘have excellent claims-handling expertise and are already familiar with our systems’.

Paul Andrews, chief executive officer at Polo, said the new arrangements would ‘lead to a reduction in the scheme's running costs, compared to the previous arrangements, meaning more money will be available for the fund's core purpose of settling claims’.

SIF protects consumers for negligence claims brought more than six years after a firm has closed. 

MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

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