Solicitors' Market Report - July 2023
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The market is changing and there is a lot to talk about. Our solicitors’ PII team is keeping you informed so you can plan for renewal in 2023.
The latest edition of our bi-annual Market Report, written specifically for law firms, is now available. |
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In this edition we discuss the April 2023 PII renewal; provide a forecast for those yet to renew in 2023; highlight the issues currently on your PII underwriter’s radar; and, update you on claims activity. This will provide you with useful insight as your next renewal approaches.
We also explain co-insurance arrangements; review cover for consultants under your PII policy; discuss the SRA’s new rules on health and wellbeing; and, highlight the resolution of PSYROC - good news for law firm mergers and acquisitions.
Howden's Solicitors' Market Report July 2023
We examine the outcome of the April 2023 PII renewal, provide a forecast for those yet to renew in 2023; highlight the issues currently on your PII underwriter’s radar; and, update you on claims activity.
Written by Jenny Screech LLB (Hons)
Legal Consultant, Howden PII