Zurich disappointed by SRA changes
The changes announced included reducing the amount of time a firm could stay in Assigned Risk Pool (ARP) from 12 to six months as of October 2011 and the whole pool being replaced in October 2013 with a system where insurers offer a three-month extended policy period to firms who could not obtain PI cover.
The insurer pointed out that in 2010 the SRA undertook a review of the arrangements for solicitors' PI in response to the increasing concerns at the spiralling losses that were being
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