Tag Archives: solicitors

Is the Professional Indemnity tide turning?

Over the last ten years Professional Indemnity premiums for the traditional and emerging professions have been pretty stable. This has also been the case for the ‘design and build’ construction sector. The market has been characterised by a benign claims climate and a ready supply of Insurers prepared to offer terms at generally competitive rates, […]

“Isn’t It Ironic?”

No, not the wonderful Alanis Morissette song, but the state of the solicitors’ PII market. Today we hear of another unrated insurer leaving the solicitors’ PII market. This time it is Gibraltar based “Elite”. Having entered the market in 2012, Elite now say premiums are too low to be profitable. The irony isn’t lost on […]

Do you know your Vishing from your Phishing?

In the week when a PII insurer declined to indemnify  a £700,000 loss of client money, (and made national headlines http://www.bbc.co.uk/news/uk-34432596), the whole question of just how robust your insurance programme is came sharply into focus. Do your PII, Cyber and Crime policies dovetail? Do you have Cyber and Crime policies? Moreover, how do you […]

ProAktive Invitation for Solicitors

Common causes of claim – property focus – in association with Reynolds Porter Chamberlain. We would like to invite you to our latest risk management seminar aimed at partners, heads of department and compliance officers. RPC were voted UK law firm of the year in 2014 by The Lawyer and are appointed panel solicitors for a number […]

PII Countdown

In the blink of an eye we are in June already and the countdown to Solicitors PII renewal is well under way. As usual, some insurers are holding their cards close to their chest, however this is no reason to be ill prepared for the mêlée that is about to ensue.   What action have you […]

Not just PII

At ProAktive we have a long track record of dealing with clients in the legal profession and particularly looking after their Professional Indemnity requirements.  This has enabled us to develop our understanding of this particular market and also build very close relationships with legal practices across the North of England. However, Professional Indemnity for solicitors […]

ProAktive Invitation ~ Solicitors Risk Management

At ProAktive we believe in a simple truth where insurance is concerned, “those who claim less, pay less”, which is why we focus our efforts on helping clients manage their insurance risks. In line with this philosophy we are pleased to announce our new risk management initiative in conjunction with Legal Risk LLP, who are […]

Solicitors PII – Market Update

As I sit on the train writing this it’s Thursday 26th of September and thankfully we have managed to find an insurer for all of our solicitors this year.  You might think this would be a foregone conclusion and under normal circumstances I would agree. The last common renewal date might well have been the […]