Aon’s Professional Risks team has developed the Elite Solicitors Office insurance facility to meet the specific needs of the legal profession. This means that a policy wording is available that is specific to your type of business, so why accept the standard office package offered by most insurers?

From our experience of dealing with legal firms we have a good understanding of what concerns arise when considering office insurance, as the following examples illustrate:

Documents

Do you have specific cover for loss of documents, client records and law libraries?

Our Elite Solicitors Office policy provides cover for loss of documents on a worldwide all risks basis, including cover for documents in transit. Average does not apply to this cover and therefore you can claim up to the maximum amount you insure for and no deductions will be made for any under-insurance.

Home workers

It is increasingly common for firms to allow working from home and to supply equipment to be kept at the employee or partner’s home. Our scheme wording automatically provides £5,000 for office equipment and computers at each such location.

Business interruption

Should you insure on the basis of loss of gross fee income or additional cost of working, or both? Is the indemnity period right for your firm?

We can provide help in determining which is the most suitable solution for your firm.

Public liability

What limit does your current policy provide?

Many office package policies provide either a £1 million or £2 million limit of indemnity, but Aon Elite Office insurance provides a minimum of £5 million limit of indemnity, a generous limit in itself, and we can also arrange a higher limit if required.

Employers’ liability

Is your current cover on the basis of wageroll declaration? Does this mean you can be hit with an additional charge at the end of each year which has not been budgeted for?

Our Elite Office policy has a flat rating for both employers and public liability insurance, so there are no nasty surprises at the end of a policy year!

Fidelity guarantee

Rather than having a separate, stand-alone policy with its inherent additional charges, cover for up to £1 million can be provided under our Elite Office insurance package and with a nil excess.

Claims service

A straightforward claims settlement service with a dedicated firm of loss adjusters who are available 24 hours a day, 365 days a year. Where possible, claims can be settled without you having to complete a claim form.

Adequacy of sums insured

When a practice grows rapidly, either by acquisition or organic growth, it can be easy to forget to review the overall sums insured as the company expands. If you are under-insured, your insurer will reduce any claim settlement by the percentage of under-insurance, so why not let our experienced client managers help you review your sums insured to ensure they are adequate?

Naturally, there will be other issues which are specific to your own practice and we would be pleased to arrange a suitable time to discuss these issues with you, advise on the options available and provide a quotation.

Aon broker services

Disaster recovery planning

We recognise that this is a very important feature of risk management for solicitor firms and we offer insurer guidelines to our clients on drawing up a disaster recovery plan.

Office move/refurbishment

If your firm is moving or refurbishing premises, then there are certain liability and insurance issues you need to consider. We provide clients with specific assistance on these aspects.

What next?

Review of current covers

We will be happy to provide a review of your current office/general insurances; to highlight any aspects we feel may need attention and then provide you with a quotation from our exclusive facility.

A copy of our full policy wording is available on request.

Contact us

Please contact us to see how we can meet your requirements.


Last updated on 06 June 2007