A circumstance which ‘MAY’ or ‘IS LIKELY TO’ give rise to a claim While we always encourage clients to ensure they have a good understanding of their policy wording, it is not always easy for

With fraud becoming an ever more common occurrence in the legal sector, every firm should have robust procedures in place The UK’s fraud prevention service, Cifas, recently reported that recorded fraud increased by 25% last

Over the past few months there have been several claims against law firms resulting from their involvement in property transactions. The last financial crisis, and its effect on property values, meant that many lenders suffered

Neil Pointon, a specialist in Solicitors’ PII from Howden Insurance Brokers explores the situations that could give rise to a claim against a Compliance Officer for Legal Practice (COLP) or for Finance and Administration (COFA)

Hyperion Insurance Group Limited (Hyperion) and R K Harrison Holdings Limited (RKH) have this year completed the merger of the two businesses, following receipt of applicable regulatory and legal approvals. Hyperion has acquired 100% of the

Businesses of every size rely to an extent on information technology (IT) and data. This results in an exposure, alongside their clients, to a potential financial loss if that data is mislaid, stolen or rendered

Solicitors are risk averse by nature and the perceived risks of social media marketing can put a lot of law firms off. However, social media is becoming ever more prevalent in modern culture. This head-in-the-sand

Businesses are constantly exposed to the dangers of a cyber attack with hackers becomingly alarmingly sophisticated. Here, we list the key areas of concern for solicitors. 1. Loss of client money For conveyancing solicitors, Friday

The solicitors’ profession moved to the open market a very long time ago now and issues such as how the successor practice rules will apply in various circumstances ought to be fairly well established and

Much to the surprise of the insurance industry and many financial commentators, the summer budget has produced a rise in Insurance Premium Tax (IPT) from 6% to 9.5% effective from 1st November 2015. Heralded as

The following example highlights the importance of giving very careful consideration to whether or not your business should be insured by an unrated insurer. A solicitors practice found itself in the unfortunate position of struggling

Gary Jones is a Director at Totum Partners, a recruitment firm that specialises in finding and securing individuals from traditional management sectors for the important new roles emerging in the specialised area of law firm

Howden Windsor, the specialist Professional Indemnity Insurance (PII) division of Howden Insurance Brokers Limited, has announced an exclusive arrangement with software provider Lexsure which could see law firms save thousands of pounds on their annual premium.  Howden

The following article is provided by Windsor Partners the leading professional indemnity insurance broker. The Treasury has announced radical changes to tax legislation with effect from April 2012, which will affect all solicitors and others

In spite of wide spread alarm in the months leading up to the October 2011 renewal it seems that nothing properly prepares us for the surprises thrown up in this most widely commented on of

Steve Ray of Windsor Partners explains the history and issues associated with the way Solicitors arrange professional indemnity insurance and how the market is developing. This is a slide show and recording from his presentation

Usually at this time of year insurance companies are starting to gear up for the annual bun fight that the professional indemnity market for solicitors has become.  Over recent years insurers have pulled out and