Law Society launches professional indemnity insurance helpline for solicitors
Released on:
09/09/2009
The Law Society has launched a new dedicated helpline to provide information to firms facing difficulties obtaining quotes for professional indemnity insurance (PII).
This free helpline has been set up to support solicitors in the lead up to the renewal period of professional indemnity insurance and to answer other general PII questions.
The move comes as some solicitors face difficulties in obtaining cover and up to 20% increase in the cost of that cover, due to the increased threat of negligence cases arising from the recession.
Law Society Chief Executive Desmond Hudson said, "The Law Society is anxious to assist members who are facing difficulties obtaining PI cover. Small practices and practices that specialise in high risk areas, such as conveyancing are experiencing particular difficulties, which has prompted the Law Society to create a suite of advice products for solicitors and address some of the issues surrounding Professional Indemnity Insurance."
The helpline is free and available to all firms and will be especially helpful for those incurring problems obtaining a quote for professional indemnity insurance.
Lines are open 08.00-18.00 Monday-Friday.
E-mail PII@lawsociety.org.uk or tel: 0207 320 9545
Go back
