Over the mis-selling of financial products Ardonagh have received at least £400,000 from their professional indemnity insurers. Towergate Financial, one of its former subsidiaries, mis-sold their services by giving poor pension advice to customers. Ardonagh had previously said that they could claim up to £12m from their professional indemnity insurers and have been in pursuit of its insurers since. moreover, during the group’s quarterly report they revealed that £400,000 had been received from the PI insurers up to March 31st of this year. In order to make the situation right, Ardonagh has acq ..read more

In 2018 the market for Solicitors Professional Indemnity Insurance is in great shape to show some extremely competitive premiums to the profession. This is due to the fragment of the ‘assigned risks pool’ and the ‘common renewal date’,and this is making the market a lot  more alluring to advanced Insurers. Until 2014, all law firms revived their PII on the same day each year, the 1st October. But this was a unfortunate system so the idea was finally abandoned by the SRA. Now solicitors are allowed arrange and renew their cover at anytime during the year. In revenue terms, solicitors profession ..read more

The annual survey completed by the Law Society shows the top Professional Indemnity Insurers in the UK. Source: Law Society Size often shows security – Legal Ex Plus has the ability to ensure you achieve that security for your business. The post UK’s Top solicitors professional indemnity insurers appeared first on Insurance for Legal Professionals - Excellent TrustScore 9.6 - www.legalexplus.com - 0800 180 4203 ..read more