A different approach to Professional Indemnity insurance
Chancery Pii was created in 2013, in partnership with the Law Society, specifically to provide sustainable professional indemnity insurance for 1–4 partner firms in England and Wales.
The Managing General Agent model
Chancery Pii is a managing general agency that is backed by a panel of A+ rated insurers on behalf of whom we write business. This approach has distinct advantages over the more traditional broker approach:
- Chancery Pii is backed by the financial strength of several insurers instead of just one
- If a single insurer was to decide to exit the solicitors' PI insurance market their security would not be compromised
- Chancery Pii has direct insurance market access and do not accept submissions from brokers
- Their panel of markets is unique to this sector – which means they can provide genuinely alternative quotes
Committed to 1-4 partner firms
A commitment to individual service and efficiency is at the heart of Chancery Pii's approach. Its rapid, automated application process combined with a dedicated professional team with specialist knowledge of the specific requirements of 1-4 partner law firms, means they can provide a swift and personal service.
Benefits of working with Chancery Pii
- Convenience – through an improved and easier to use online application process.
- Speed – immediate online quotations for firms which meet the criteria.
- Security – A+ rated (Standard & Poor's) or equivalent PII cover.
- Flexibility – a choice of 12 or 18 month policy lengths.
- Stability – cover is placed with a panel of participating insurers.
- Expertise – Chancery Pii employs experienced solicitors' PII practitioners with backgrounds in underwriting, broking and law.
Complete the online proposal form today