Most solicitors will accept an early renewal offer for professional indemnity insurance if given the opportunity, rather than look for a new policy. But are they right to do so?
Following the Civil Liability Bill, law firms and CMCs will be looking for more ways to keep claims profitable, and one obvious choice may be to offer a one-stop shop for repair, hire and PI.
Data seems to be the word on everyone’s lips right now. Phrases like data breaches, data harvesting, and data regulations clog our news feeds until our brains start turning it all into white noise.
The market debate continues to rage regarding proposed reforms to professional indemnity insurance for solicitors in England and Wales.
Many companies struggle with the right places to include artificial intelligence and machine learning. Ensuring you have a deep grasp on your industry and its underlying pain points can make a real difference.