The UK’s Legal & Professional Insurance has entered into an agreement with Marsh, to provide professional indemnity insurance, initially for the 2011/2012 year, for law firms with two and three partners.
All firms in this category applying through the Legal & Professional Insurance website will be able to download a Marsh quotation form for completion.
George Raubenheimer, Managing Director of Legal & Professional Insurance, explained that working with Marsh would “enhance the service we can jointly deliver to two and three partner law firms.”
He also pointed out Marsh’s “vast experience in working with firms of solicitors” would enhance the insurer’s capabilities in working with smaller firms through its “unique modeling system, which profiles risk and allows us to predict claims experience. The model creates a bespoke risk profile for each company, allowing us to offer better managed firms better premium rates.”
Janine Parker, UK Head of Solicitors’ PI at Marsh, commented, “We are delighted to be linking up with Legal & Professional Insurance. Small firms are now able to enjoy a comprehensive insurance provision, rather than enduring the annual scramble for cover that so many endure every year.”
Source: Legal & Professional Insurance
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