Lexsure celebrate success
October over 120 firms have upgraded their risk processes by signing up to Lexsure’s conveyancing risk management products.
Seaton commented ‘COMPLETIONmonitor has previously been recognised as a valuable risk mitigation tool but AmTrust took the innovative step to reward firms that reduce their risk profile by using COMPLETIONmonitor in the conveyancing process. The reaction from firms who insure with AmTrust to the per case savings on their PI renewals for each case completed with the software has been tremendous. Even for small firms with active conveyancing practices, the potential for saving of thousands of pounds is very attractive’
Commenting on the premium reductions last month John Wooldridge, Director of Solicitors’ Professional Indemnity at Howden Windsor said : “We are always looking to find ways for our clients to improve their risk management strategy while also reducing their PII premium. We are delighted that AmTrust have agreed to recognise the improved risk profile of firms using COMPLETIONmonitor by offering them a direct saving on their premium. We’re expecting some firms to save tens of thousands of pounds."