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Prime Professions reveals PI tie-up with Axis Speciality

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Prime Professions has teamed up with Axis Speciality to offer private indemnity (PI) insurance to sole practitioners and small firms.

The specialist PI broker said the product was good news for solicitors who had seen few well-rated entrants to the market due to reservations over exposure to the assigned risk pool.

Speaking about the deal, Richard Brown, director at Prime Professions, commented: "Smaller firms, and in particular sole practitioners, have been faced with a tough market in recent years with a limited choice of policies."

Martin Ellis, also a director at Prime Professions, added: "Axis Specialty is an insurer

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