While it is still unclear how many firms entered into the extended indemnity period (EIP), there was no significant reduction of insurer appetite

Resource - 26/01/2016 : extended indemnity period, paragon, professional indemnity insurance, Practice Management

This blog post by Janine Parker from Paragon International Insurance Brokers was also featured as a column in the ...

Simple, straight forward funding for your Professional Indemnity Insurance (PII) premiums

News Article - 11/08/2015 : insurance funding facility, legal practice insurance, pii, professional indemnity insurance, V4B, Finance, Risk & Compliance

Professional Indemnity Insurance premiums can often be one of the largest single costs a legal firm can have.  As a result of this, it is usually the case that Law Firms prefer to spread this cost throughout the year breaking it into...

While it is still unclear how many firms entered into the extended indemnity period (EIP), there was no significant reduction of insurer appetite

Blog post - 20/07/2015 : extended indemnity period, paragon, professional indemnity insurance, Practice Management

This blog post was also featured as a column in the December 2014 issue of Legal Practice Management magazine...

Top tips for PII renewal 2015

Resource - 02/07/2015 : Howden, pii, professional indemnity insurance, tips, Technology, Practice Management

You may recall my advice last year for a pain-resistant renewal. I hope that it helped you towards your least-troublesome Professional Indemnity Insurance (PII) renewal of...

Consumer panel hits back over SRA ‘double standards’ claim

News Article - 29/07/2014 : Finance, ICAEW, Legal Services Consumer Panel, professional indemnity insurance, risk and compliance, solicitors regulation authority, SRA, Finance, Risk & Compliance

The Legal Services Consumer Panel has hit back at criticism by the Solicitors Regulation Authority (SRA) that it opposes a minimum indemnity insurance limit of £500,000 for solicitors, while supporting it for accountants.

In a letter...

Professional indemnity insurance forum

Event - 03/06/2014 : Central London, Lockton, pii, professional indemnity insurance, Risk & Compliance, Round tables, Practice Management

Following the decision by the Solicitors Regulation Authority (SRA) not to impose a minimum rating on insurers after all, they have issued a glut of new consultations, including one proposing major changes to the PII regime for solicitors....

Firm angry over inclusion on SRA indemnity list as solicitors predict PI firms will dominate next one

News Article - 22/01/2014 : Grants Solicitors, law firm, law firms, Legal News, PI firms, pii, professional indemnity insurance, solicitors regulation authority, SRA, Risk & Compliance, Practice Management

There have been some angry reactions to the Solicitors Regulation Authority’s publication last Friday of the names of 136 law firms which did not secure professional indemnity insurance (PII) by 29 December.

Most vocal...

SRA reveals some of 136 firms without PII insurance have “failed to close”

News Article - 20/01/2014 : 136 firms failed to renew, closedown, law firm, law firms, legal, Legal News, pii, professional indemnity insurance, risk and compliance, SRA, The Solicitors Regulation Authority, UK law firms, Risk & Compliance, Practice Management

The Solicitors Regulation Authority (SRA) has published a list of 136 firms that failed to renew their professional indemnity insurance since October, but said a small number have failed to close properly.

The authority broke with its...

SRA set to publish names of uninsured firms

News Article - 14/01/2014 : insurance, land registry, pii, professional indemnity insurance, solicitors regulation authority, SRA, Human Resources, Risk & Compliance

The Solicitors Regulation Authority (SRA) should this week publish a list of those law firms which were to have closed on 29 December because they failed to secure professional indemnity insurance, Legal Futures has...

SRA tells uninsured firms to “come clean”

News Article - 08/01/2014 : legal futures, Mike Haley, pii, professional indemnity insurance, solicitors regulation authority, SRA, Uninsured law firms, Finance, Risk & Compliance

It is unclear how many of the 116 firms that were meant to have shut down last week for failing to secure professional indemnity insurance (PII) have actually done so, the Solicitors Regulation Authority (SRA)...

Latest firm to go under after failing to find insurance costs 34 jobs

News Article - 19/12/2013 : professional indemnity insurance, solicitors regulation authority, Risk & Compliance

The toll of firms failing to renew professional indemnity insurance continues to rise, with another 34 people losing their jobs after home counties firm Hilliers HRW called in administrators.

Hilliers HRW had offices in Kempston,...

SRA shows muscle with referral fee ban investigations

News Article - 26/11/2013 : COFA, COLP, compliance officer for finance and administration, compliance officer for legal practice, professional indemnity insurance, referral fee ban, solicitors regulation authority, Finance, Risk & Compliance

The Solicitors Regulation Authority (SRA) has launched “forensic investigations” into 10 law firms that may have breached the personal injury referral fee ban, in a move that will be seen as a warning to the profession.

In his...

Quinn administration could stretch ARP to breaking point

News Article - 19/01/2012 : law society, professional indemnity, professional indemnity insurance, quinn, solicitors regulation authority, SRA, Finance, Finance, Risk & Compliance, Practice Management

Both the Solicitors Regulation Authority and the Law Society have sought to calm the profession in the wake of the announcement that Irish insurer Quinn had officially fallen into administration in Ireland.

An earlier court order placing...

PI rates expected to soar after Quinn Insurance enters administration

News Article - 19/01/2012 : insurance, law society, professional indemnity, professional indemnity insurance, solicitors regulation authority, SRA, Finance, Finance, Risk & Compliance, Practice Management

The decision to put Irish insurer Quinn Insurance into administration has sent shockwaves through the market and prompted warnings of dramatic rate hikes across the solicitors' professional indemnity (PI) market.

The Irish Financial...