Miller is delighted to announce its new and exclusive primary £10m limit PII facility for 11+ Partner law firms; the first in many years. A risk-based approach sets the facility apart from all other schemes in the market and allows firms to undertake a meaningful exercise to identify how their processes compare to best practice.
Developed by our in-house legal risk management expert, the comprehensive assessment focuses on key risk areas identified by insurers, and provides invaluable insight from both the law firms’ and insurers’ perspective.
The facility is backed by market-leading ‘A’ rated insurers, who are truly invested in insuring the profession in the long-term. They believe that, with the right risk and compliance framework, all firms can work effectively and reduce their exposure to claims, making them an ideal firm to insure. The facility offers an enhanced PII wording, with Cyber, Office and Management Liability covers also available. The facility offers an advanced level of protection to add to Miller’s already market-leading legal offering.
Zarina Lawley, Head of Solicitor’s PI, said: “As the legal sector continues to grapple with new challenges and rising claims exposures, this offering will ensure that Miller is able to provide peace of mind and stability to our clients amidst an increasingly complex market backdrop.”
Ed Pickard, Head of UK Professions, commented: “I am delighted to share our new facility with the market, which marks a milestone in the growth of our legal proposition. We have seen the obstacles that many law firms have faced in the past when trying to obtain competitive coverage, and our facility aims to address this issue by providing consistency of cover across the historically problematic layers.”