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Professional Risks

Solicitors’ professional indemnity insurance: Why it’s so challenging and how best to secure cover

Solicitors’ Professional Indemnity Insurance (PI) is one of the most complex areas of the insurance market – and one of the most critical for law firms of all sizes. Every solicitor in England and Wales is required to have qualifying PI insurance that meets the Solicitors Regulation Authority (SRA) minimum terms and conditions, but placing or renewing cover is getting harder and more expensive.

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