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Professional indemnity news

Solicitors' claims

A recent survey by Zurich Professional highlights solicitors conveyancing work as cause for one third of claims, with general litigation and personal injury coming a close second. An article at The Lawyer.com provides more information.

posted 2005-06-30T15:39:51

UK Commercial Liability Insurance 2005

Research and Markets have released a report on the liability insurance scene in the UK for 2005 which makes interesting reading for brokers and underwriters alike. Among several interesting quotes available from the contents synopsis are the following:

  • SMEs that have switched broker in the last two years have largely done so on the basis of price
  • Around 20 per cent of SMEs are considering changing their broker in the next 12 months for a cheaper premium
  • Price-based competition in the SME sector is increasing

posted 2005-06-23T18:15:36