As an established commercial insurance broker David J Miller have the facility to provide competitive solicitors insurance through our access to the leading solicitors professional indemnity insurance markets including Lloyds of London. If you are considering alternative options at renewal please contact us. We will be happy to assess your risk with a view to bringing down your premium.
Most solicitors have a common renewal date of the 1st October for their professional indemnity insurance making the run up to this date a busy period for those within this sector with most insurers keen to have commitment as early as possible.
Solicitors Insurance Costs
As a law firm this will no doubt be one of your largest costs and with very few brokers having access to facilities that provide solicitors insurance this makes finding a new broker a difficult prospect if you are looking for an alternative quote. With the level of premiums you are paying it is imperitive that you source the right broker to service your needs.
Our specialist PI account managers are well versed within this sector and can help ease the hassle of your renewal from small to large law firms throughout the UK.
There are still competitive insurance rates available to solicitors firms that are well run with above average claims experience and a willingness to show a good attitude to in-house risk management to avoid claims.
We Provide Solicitors Insurance to Clients Nationwide
We mainly cater for clients regionally within Lancashire & the North West by reputation and for those looking for a personal service. Our aim is to build strong working relationships with our clients that are built on trust and it is through this that our reputation and reach is expanding nationwide across the UK. Although when dealing with clients across the country we are sometimes unable to visit you on site and meet face to face we still aim to provide a better service than our competitors alongside providing more competitive terms. If you are looking for an alternative broker or an alternative quote then please contact us.
How to Get a Solicitors Insurance Quote
We aim to make this stressful time as hassle free as possible but there is an unavoidable amount of paperwork involved in sourcing a quotation for you.
In order to proceed we will of course have to collect details regarding your practise through our solicitors PI insurance proposal form alongside confirmed claims experience for the last 6 years from your current insurers and any risk management measures implemented. We kindly request that you complete any documentation and arrange for the confirmed claims history from your current insurers as quickly as possible otherwise we are unable to provide a solicitors insurance quotation.
Solicitors Insurance Document Checklist
We are confident that we will be able to bring to the table an offering that you will be happy with should you choose to consider us for your solicitors insurance. As independent insurance brokers we will carry out a full market exercise to the full extent of our reach to ensure that your risk is marketed to as many insurers as possible.
Please ensure that you have included the following documents:
- Solicitors Insurance Proposal Form; fully completed, signed and dated.
• A sheet of your Practice’s current HEADED notepaper.
• If you are a Limited Liability Partnership (LLP) or a Limited Company (Ltd) a copy of your last report and accounts or completion of the “Declaration of Profits / Drawings / Assets” Questionnaire of you are a Partnership
And, if applicable, please provide the following:
• Claims information for all claims and circumstances reported to Qualifying Insurers or the Assigned Risks Pool, by your Practice and any Practice to which you are a Successor Practice.
• If you are a newly established Practice, a Curriculum Vitae for every Principal/Member of the Practice and your Business Plan and Cash Flow Statement.
• A copy of all reports issued by the SRA, LCS (formerly the CSS/OSS), Forensic Investigation Unit, Disciplinary Tribunal and/or any other regulatory body.
Where applicable, additional proposal forms, completed, signed and dated.
• Risk Management
• Financial Services
• Personal Injury
Solicitors Insurance Underwriters
With our reach we aim to market your risk to a larger number of insurers with an appetite for this type of risk. Insurers catering for solicitors insurance include Chartis Insurance UK Ltd, International Insurance Company of Hannover, XL Insurance Ltd, Zurich Professional Ltd, Travelers Insurance Co Ltd, QBE International Insurance Ltd, Allianz Global Corporate & Speciality AG, Aviva Insurance Ltd, Lemma Europe Ins Co Ltd, Royal & Sun Alliance Insurance PLC, W.R.Berkley (Europe) Ltd, Alpha Insurance, Liberty Mutual Insurance Assoc Ltd, Aspen Insurance UK Ltd, QBE D A Constable Syndicate 386, Chubb Insurance Company of Europe SE, Pembroke Syndicate 4000, Barbican Syndicate 1955 C/O Libra, AG Dore & Other Syndicate 2526, ACE and J Neal Syndicate 1886.
NEED MORE INFORMATION ON SOLICITORS INSURANCE?
If you are a new venture of require further details regarding solicitors PI Insurance (PII) please see the solicitors regulation authority website or call us.
Did you know we are recommended for competitive property owners insurance?