We have produced three guides to help you with professional indemnity insurance (PII):
You can also call the Practice Advice Service on 020 7320 5675.
Most insurers* do not want to be contacted by solicitors directly, so if in doubt, use the services of a broker.
*Exceptions: Chancery Pii, Travelers, and - for existing clients - Liberty Mutual or Zurich
PII buyers' guide
A guide which helps firms to make informed choices when purchasing PII. It explains the different relationships between insurers, underwriters, broker and sub-brokers and provides information to help firms ask the right questions so that they purchase PII which is appropriate for their firm. It should be read with PII made simple.
Download PII buyers' guide
PII made simple
The Law Society has produced a guide to buying PII for solicitors. It provides information about the rights and responsibilities of solicitors and intermediaries in the renewal process. It is a 'must read' for those solicitors interested in making the most of the open market this renewal.
Download PII made simple
Guide to insurers 2016-17
A list of insurers that have indicated that they will participate in 2016-17. It outlines whether or not the insurer is rated or unrated and the practice sizes which it will consider providing cover to. The appendices also include information on insurers’ estimated market shares.
The Law Society has also produced a contact list of major insurance brokers working in the market of solicitors’ professional indemnity insurance (PII). Many of the insurers offering solicitors' PII can only be approached via an insurance broker, so we hope this list will prove useful for members in their search for the PII that best meets their requirements.
Download the guide to insurers
Download the list of brokers for PII
Let us know what you think of these guides by emailing firstname.lastname@example.org.