Solicitors 2012/2013
Solicitors, it's that time of year again and specialist insurance brokers MFL Professional is ready.
Our hardworking, professioanal and customer-driven team is on hand throughout the working week with essential advice you require about PI insurance renewal 2012.
We expect the market to be relatively stable this year in comparison to prior years. There has been little in the way of new market entrants.
MFL Professional provides bespoke advice to legal firms around the arrangement of compliant Professional Indemnity Insurance.
Tips in advance of renewal 2012:
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Start the renewal process early.
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Be prepared to provide much more detailed information to insurers, including financial information about your practice.
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Insurers will be realigning their books of business, those practices most at risk are:
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It is vital that full disclosure is made, particularly with regard to any ongoing SRA investigations.
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It is vital that practices can evidence their "Operational Compliance" procedures.
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MFL CAN ADD VALUE TO THE RENEWAL PROCESS WITH ONE-TO-ONE VISITS TO PRACTICES, TO ADVISE AND ASSIST THEM THROUGH THE PROCESS
Click here to download the Solicitors PII Prop 2012
In addition, MFL operates a competitive Office Insurance scheme specifically tailored to legal firms. Specific benefits include:
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Full 'all risks' cover, including accidental damage and subsidence.
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Full theft cover ie. no requirement to prove forcible entry or exit.
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Computer breakdown.
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Reinstatement of data.
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Fidelity and dishonesty.
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Loss of documents.
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Commercial legal expenses.
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Cover for properties in the course of conveyance available.
MFL would be delighted to conduct a no obligation review of your Professional Indemnity requirements.
Simply use the contact link should you wish to telephone or write to an MFL representative or alternatively we would be happy to call you at a convenient time to suit you, simply use our call back request form.
For MFL to provide a confirmed quotation we will require a completed proposal form and relevant information.
You can download a proposal form in your preferred format from the link below or alternatively provide us with a copy of your existing / recently completed renewal proposal form along with a copy of your policy schedule and current policy wording if available.
If any of your documents are available in electronic format they can be easily uploaded via this site using the submission upload feature.
| Proposal Form Download |
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Format:
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| Solicitors PII Proposal Form 2012/13 |
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Solicitors PII New Start-Up Proposal Form
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Direct access to many of the UK's leading Solicitor's Professional Indemnity Insurers including Allianz Global & Specialty AG, Chartis Insurance UK Ltd and Zurich Insurance PLC.
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Direct negotiation and placement of cover. |
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Advice around setting of appropriate Limits of Indemnity. |
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Risk management advice. |
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Merger and acquisition advice. |
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Successor Practice advice. |
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'Run Off' and retirement advice. |
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Access to premium instalments. |
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Start-up practice advice |
Go to printable version
