Compl-i - February 2010
Assigned Risks Pool - Compl-i to the Rescue
This is the worst year for hikes in premiums
since Solicitor’s Professional Indemnity Insurance went to the open
market. Horror stories abound both from insurers and firms alike of
their experiences of the 2009 renewal. If you are one of the 350 or
so firms who find themselves in the unfortunate position of having
to pay an excessively high premium in the ARP or you have felt the
strain of persuading insurers to cover you and do not want the same
experience repeated next year, do not despair. Help is at hand.
Weightmans’ Compl-i team offers a rescue and
improvement package for law firms designed to improve your firm’s
risk profile. We understand what insurers and the regulator are
looking for and can offer you the benefit of our expertise in this
field.
The package includes:
- A review meeting and compliance check
- An action plan for improvement
We can also then work with you over the next
few months implementing systems and procedures to help eradicate
causes of claims and complaints , reduce claims and complaints
expenditure and thus improve your risk profile putting you in a
much better bargaining position with insurers next renewal.
Don’t wait for next year’s renewal forms to
land on your desks. Act NOW by contacting Michelle Garlick, partner
and head of our compl-i team, for a without obligation discussion
at michelle.garlick@weightmans.com
or 0161 233 7426.