Insurance broker Miller has launched a professional indemnity (PI) product designed specifically for solicitors operating on a self-employed basis.
The product was developed following reforms introduced in November 2019 by the Solicitor’s Regulation Authority (which regulates solicitors in England and Wales). The reforms allow individual solicitors to deliver legal services direct to the public. Solicitors looking to start operating as freelancers will require PI insurance.
A Miller representative said the product is initially aimed at solicitors in England and Wales but the team is also open to overseas queries.
“This new product will enable Miller to support freelance solicitors in accessing the coverage they need to operate,” commented Ed Pickard, head of UK Professions. “Our team of solicitors’ PI insurance specialists are excited to be able to offer this to our expanding portfolio of clients, and would encourage solicitors to get in touch to learn how Miller can find them the competitively priced cover they need to protect against claims and meet the requirements of the regulator.”
This new product means Miller’s team, including freelance solicitor expert, Scott Thorne, can provide either an aggregate or any one claim limit of indemnity as well as a number of limit options to suit all individual needs.
Source: Miller
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