About Solicitors Indemnity Insurance
Solicitors Indemnity is more complex and costly than ever, the market for Solicitors Indemnity continues to harden, proposal forms have become more complex and underwriters far less flexible. While this all sounds quite negative, it can be certainly be addressed by the solicitors themselves by ensuring prompt submission of their proposal forms to the broker. Our brokerage has 35 years Professional Indemnity experience and is available to deal with any incoming queries. Simply call simon directly on 0870 2241 318
Call Simon Directly on 0870 2241 318 |
To ensure you secure the best possible Solicitors Indemnity Insurance and best possible premium we recommend you complete your Professional Indemnity Proposal forms well in advance of the 1st October renewal date.
It is already clear that many solicitors are deterred by the complexity of this year’s Renewal Proposal however; the presentation of the form now appears to be mandatory and necessary in order to obtain or maintain your Solicitor Indemnity cover.The market has hardened particularly in the Conveyance sector of the market which has impacted on the smaller practises whose business has relied heavily upon the conveyance market. This has been further impacted by a steep rise in Solicitors Indemnity premiums for Solicitors who have historically provided extensive conveyance services.A recent study commissioned by the Law Society showed that “for every per cent of the firm’s turnover derived from conveyance or personal injury case work, premiums increased by over 8% irrespective of track record. Notably, crime and debt collection generated turnover, premiums decreased.
Recommendations have been made by the Law Society to bring to Solicitors attention the importance of getting Indemnity applications to the broker early. Don’ty delay any longer call today or fax your completed form to 08452802443 or email simon@heritage-insurance.co.uk or call us on 0870 2241 318.
Don't delay any longer, call today or fax your completed form to 0845 280 2443 or email Simon@heritage-insurance.co.uk or simply call on 01332 299 285 |
Recommendations have been made by the Law Society to bring to Solicitors attention the importance of getting Indemnity applications to the broker early.
