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Professional Indemnity & Renewals

How can you actively and positively influence your Professional Indemnity Insurance?

Professional Indemnity Insurers will respect a law firm that has implemented and sustained a robust process for managing risk and can evidence this through reporting and claims history. The Strategic Partner has a strong relationship with multiple Brokers and Professional Indemnity insurance Companies gained through working closely with them and law firms to manage and control risk.

Find out more

For more information about our Compliance Services you can call us on 0203 911 9710 or you can email us at info@thestrategicpartner.co.uk. You can also download our Compliance and Regulation services brochure by clicking on the link below.

How we can help

We work with both the Insurers and law firms providing risk guidance and risk reviews that are used for the purpose of the insurers considering the risk and premiums and in more serious cases whether to offer renewal terms.

Our Professional Indemnity & Renewals Service

The demonstration of a risk aware environment that is focussed on identifying, minimising, and controlling risk is essential to maintaining positive relationships with your insurers and having a positive impact on premiums.

We provide our services to:

  • Professional Indemnity Insurers who have concerns about an insured firm and require an independent review of the firm to assess it as a risk with a full understanding of its policies and procedures, their application and effectiveness.
  • Law firms who wish to achieve more favourable renewal terms through pro-active demonstration of a risk culture in the firm which identifies, manages and controls risk presenting the firm as a good risk and through doing so providing Insurers with a persuasive report to consider premium levels.
  • Law Firms who have experienced claims, are concerned with their approach to risk or are struggling to find renewal terms. We will work with the firm to identify areas of improvement and pro-actively assist them with changes and implementation of policies to gain control over the firm and the risk management process.

Regardless of the reason for a review, we will work to ensure times scales are met and a detailed report is provided enabling Law firms and Insurers to take decisive and positive action.

We provide both packaged and individual solutions that directly add value into the firms we work with. You can download brochures on these services below:

Additional Compliance Services

For more details on each of the services we provide please click on the links below.

Codes of Conduct inc COLP & COFA   

Anti-Money Laundering 

Firm and File Audits

New Law Firm and ABS Applications 

Risk Management 

Complaint Management

Compliance Management Service

Compliance Administration Service   

SRA Investigations

Professional Indemnity & Renewals

Office Manual (inc quality kitemarks)

Drafting and Documents

Training and Development

Partnership & Shareholder Agreements

Succession & Exit

Closure of a Law Firm

Data Protection & GDPR

We provide both packages and individual solutions that directly add value into the firms we work with.

Enquiries

For more information about our Regulation and Compliance service you can call us on 0203 911 9710 or you can email us at info@thestrategicpartner.co.uk.

Let's talk about how we can help

Get in touch - call us on 0203 911 9710 or complete the form.
Tell us what you need or ask us a question, we'd love to discuss your business.

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