All professions are plagued by spiralling litigation and high damages awards and settlements. Professional advisors are tempting targets. The complexities of the financial, legal and economic environment lead to:

• an increasingly litigious environment – TAG is a classic example of the changing landscape
• increased client and third party expectations
• more cross-border liabilities encouraged by globalisation
• more regulation by government in areas previously self-regulated
• greater obligations on professionals for example in combating money laundering
• potential increases in insurance costs

For solicitors, these factors are more significant as a result of the profession’s exposure to the pubic, individuals and major corporations.

Preparing for professional indemnity renewals

We recognise the annual renewal season is important to you to get the best possible terms and cover.  Whatever your scheme, you will benefit from the personal service of a dedicated client manager working from our network of regional offices as part of a wider team.

Proposal forms can now be completed online or see additional information on our professional indemnity offering.

Last updated on 12 September 2007