Legal News Exchange: Prepare for PII Renewal

The legal sector faces the hardest climate for solicitors’ professional indemnity insurance (PII) since the move away from the Solicitors Indemnity Fund in 2000.

There is now an even greater challenge as a result of the Covid-19 crisis.

This exclusive event for Legal News Wales readers, aimed to help your law firm prepare for renewal, minimise risk and make your law firm more attractive to insurers.

Howden UK Group and DAC Beachcroft joined Legal News for this free, one-hour event to help law firms know what to expect and plan for as their next renewal date approaches.

What we covered:

Jenny Screech, a Legal Professions Consultant with insurance broker Howden UK Group Limited, provided an update covering:

- A review of the solicitors’ PII renewal on 1 April 2020;
- What to expect if you are renewing your PII on 1 October, and;
- How to prepare for your next renewal amidst the backdrop of Covid-19.

Clare Hughes-Williams and Catrin Davies from DAC Beachcroft discussed ways to minimise risk and by doing so make your firm more attractive to insurers on renewal.

They focused in particular on the types of claims that they are seeing against real estate lawyer and litigators.

Видео Legal News Exchange: Prepare for PII Renewal канала Emma Waddingham