Professional, Financial & Consulting · Insurance for
Solicitors
Solicitors' professional indemnity insurance is unlike anything else in this guide series: it isn't a prudent purchase but a regulatory condition of practising.
Solicitors' professional indemnity insurance is unlike anything else in this guide series: it isn't a prudent purchase but a regulatory condition of practising.
Start renewal early, present claims history and work split transparently (the Insurance Act 2015 fair-presentation duty applies), use a genuine solicitors-PII specialist broker, and never buy on price alone in a market with mandatory run-off multipliers – the cheap policy this year shapes your closure costs for six. New firms: the SRA requires an insurance offer as part of authorisation, so engage a broker before applying.