In recent years renewing your Professional Indemnity Insurance has been relatively straightforward. This will not be the case in 2019. The solicitors’ professional indemnity market is experiencing a major correction this year with premiums already rising.
A considerable hardening of the insurance market is being driven by higher value claims, a reduction in capacity and PII insurers withdrawing from the market. Against this background firms will find it more difficult to obtain competitive terms or even any renewal terms. If you have yet to start your PII renewal process, Hera Indemnity recommend you call today.
We will provide a quotation using your current proposal form, our proposal form or if you prefer an inital one-to-one meeting. Please contact us by one of the following methods:
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