Professional Indemnity Insurance 2011 – Options at Renewal
As the date for professional indemnity insurance renewal approaches, it is becoming clear that in many cases it will again be the indemnity insurers who have the final say as to which firms live and which die. Anxiety is running high in some quarters as to whether insurers will make an offer and whether that offer will be economically viable.
Professional Indemnity Insurance 2011 – The ARP and working after run-off
Where insurance is not obtained on the open market and where a merger or takeover is not possible, options remain extremely limited.
Professional Indemnity Insurance 2011 – Avoiding the Successor Practice Trap
Can a firm avoid becoming a successor practice if it takes over or merges with another firm? The answer is yes, provided that certain steps are taken.
Professional Indemnity Insurance 2010 ? a brief guide
This year?s professional indemnity insurance renewal is likely to be one of the most difficult the profession has seen for some considerable time and many firms should already be making contingency arrangements in the event that they are not successful in placing their insurance business. This item looks at some of the issues.
Solicitors’ Professional Indemnity Insurance
In order to be able to practice, all solicitors must now have professional indemnity insurance taken out in accordance with the Solicitors’ Indemnity Insurance Rules and this must meet the minimum terms and conditions. It may be provided by a qualifying insurer or via the assigned risks pool.
The Lawyers Defence Group is operated by Richard Nelson LLP, a Limited Liability Partnership regulated by the Solicitors Regulation Authority and whose partnership number is OC357136 and Murdochs Solicitors, who are also regulated by the Solicitors Regulation Authority, and whose SRA number is 52683.
Please note that all advice, guidance, representation and assistance, legal or otherwise, is provided either by those firms or by appropriate referral to other suitably qualified persons.
No advice, guidance, assistance, representation or other support is provided by or in the name of the Lawyers Defence Group.
For further details please refer to the terms and conditions for use of this web site and to the terms and conditions of the firms involved.
The professional rules governing our lawyers can be found at rules.sra.org.uk
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