Month: September 2021

After 30 September 2022, the Solicitors Indemnity Fund (SIF) will no longer accept new claims. In order to protect yourself from possible future claims, you should understand what this means for your firm. What happened After both the SRA and SIF were assured that the extension was affordable, the Solicitors Regulation Authority (SRA) has confirmed …

Closure of The Solicitors Indemnity Fund: What does it mean for your firm? Read More »

In a difficult professional indemnity market for solicitors, headlines in the legal and insurance press can be demoralizing, constantly reminding lawyers that we are experiencing the hardest market in recent years for this PI insurance. In addition to the financial pressures from increased premiums, law firms are dealing with the practical, professional and financial effects of the global pandemic. However it is worth taking a broader perspective on the matter of renewals, namely that there remains a solid pool of A Rated …

Pandemic Ramps Up Pressure On PII Read More »