Market split over tying solicitors into two-year deals before ARP abolition
There are some big changes afoot in the solicitors’ professional indemnity (PI) market, as the assigned risk pool (ARP) approaches its end, scheduled for 2013.
And with these changes has come a slew of new products, some of which have generated controversy. Jardine Lloyd Thompson (JLT), for one, has spoken out about the potential dangers of signing up to two-year deals ahead of the abolition of the ARP.
Mike Perry, partner at JLT, said it had taken the view that some law firms could be “being
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Commercial
Most read
- Action group vows to pursue broker Pound Gates after BI policies fail to pay out
- Football clubs step up BI court case against insurers
- Gallagher acquires Erimus Group
- Rishi Sunak flags speedy reform for Solvency II rules
- PIB buys beauty specialist Balens
- Erimus lifts lid on Gallagher deal
- Drop in insurance complaints at FOS