PII renewal for the 2014-15 indemnity year
This report summarises the results of the 2014-2015 survey into the solicitors' professional indemnity insurance (PII) renewal process and sets out the Society's preliminary response.
The research was conducted at the request of the Law Society by an external provider, IFF Research.
The Law Society has commissioned research since 2008 to explore firms' experiences of the PII renewal process, to determine whether wider problems exist (following problems reported by firms initially using the open market).
This findings were based on 498 telephone interviews with firms with up to 25 partners.