Solicitors: Trends and Claims Update
This article focuses on risks for Solicitors’ firms, both current and emerging.
It also looks at developments in doubling ground rent claims, some recent court decisions on scope of duty and exposure to opponents’ costs as well as providing a summary of parties’ new obligations pursuant to the Disclosure Pilot in the Business and Property Courts.
Court of Appeal judgment on the need for a “causal link” between notification under a professional indemnity insurance policy and subsequent claim
The judgment relates to 'Euro Pools Plc (in administration) v Royal & Sun Alliance Insurance Plc' and is significant as it is the first occasion on which the Court of Appeal has addressed the notification of circumstances in the professional indemnity insurance context since 2008
Trends and Claims Update: Dreamvar v Mishcon de Reya and GDPR
This article looks at two key developments:
Firstly, the May 2018 Court of Appeal case of Dreamvar v Mishcon de Reya, including suggestions for conveyancers on how to protect themselves from fraud and potential liability.
Secondly, it touches upon GDPR and includes a summary of the key changes together with recommendations to avoid falling foul of these new regulations.
Creating A Positive Impression: Completing Your Law Firm’s PII Proposal Form
How and when you complete your proposal form are far more significant factors than you might think.
In this article we provide tips on how to make the right impression with insurers and how to ensure that you present your practice in the best possible light.
Solicitors’ Professional Indemnity Insurance: A Brief Guide to the Market (2017)
Professional indemnity insurance (“PII”) can be one of the largest overheads for a law firm. The market for Solicitors’ PII is also one of the most changeable which can sometimes make the renewal process seem overly complicated as the information required by insurers and the cost of the insurance itself vary from one year to the next.
The Professional Indemnity Company is a specialist, independent broker with vast experience of sourcing PII for Solicitors. The breadth of our market access means that we have a clear perspective on the marketplace and a better understanding of insurer requirements than brokers that deal with only one or two insurers.
Our aim, both in this article and in our dealings with our clients, is to make a process that can often appear unnecessarily complicated as straightforward and transparent as possible.