Professional Indemnity

PII INSURANCE COSTS – Speak to QPI if you want to know how to get the best result at renewal

WHAT SHOULD YOU EXPECT THIS YEAR FROM YOUR SECOND HIGHEST OVERHEAD? 1 CAPACITY It affects premiums because when there aren’t enough Insurers willing to participate, rates go up. There are three new “Insurers” (one very recent) who have entered the market in the last 12 months, all of whom will write conveyancing firms. This will …

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PII Premium Savings Insurance Market – what to do if you are not happy with your renewal terms?

In recent years, the professional indemnity insurance market for the legal sector has experienced fluctuations in premium rates and insurability challenges. However, the current landscape presents a more favourable scenario with the entry of new insurers, each striving to establish their presence and attract clients. Within the past year, three new insurers have entered the …

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PII INSURANCE COSTS – Speak to QPI if you want to know how to get the best result at renewal

WHAT SHOULD YOU EXPECT THIS YEAR FROM YOUR SECOND HIGHEST OVERHEAD? 1 CAPACITY It affects premiums because when there aren’t enough Insurers willing to participate, rates go up. There are three new “Insurers” (one very recent) who have entered the market in the last 12 months, all of whom will write conveyancing firms. This will …

PII INSURANCE COSTS – Speak to QPI if you want to know how to get the best result at renewal Read More »

Enhance Your Legal Practice with Quality PI: Renewal Quotations for Solicitors

Introduction: For solicitors, navigating the complexities of insurance renewals can be a daunting task. Waiting for renewal quotations or being dissatisfied with the available options can pose significant challenges to the smooth functioning of a law firm. In such a scenario, QPI t/a Quality PI, emerges as a beacon of support, offering access to a …

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Here Are Just A Few Issues That Insurers Have To Tackle And Why They’re High Risk

Conveyancing has always been a high risk to Insurers and at the moment this is the main topic of conversation due to so many issues going on for example:  Cyber Crime – Significant number of claims occur with conveyancing where monies are released to a fraudster where either they call the Solicitor Branch to change bank …

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