Solicitors Professional Indemnity Cover

Solicitors Professional Indemnity [PI] Cover is one of those things that many Brokers shy away from. This is usually because the market is too competitive and all geared to October 1st. We provide a simple alternative through Ink Underwriting and Westinsure. This facility is especially competitive for 2,3 and 4 partner firms and includes access to a full risk management service, including risk reviews and an in house claims handling service.

The facility is backed by an insurer rated A- (Excellent) by AM Best, and a specialist fronting company, Alpha Insurance.

  • Greenlight Re is an AM Best “A-” (Excellent) rated specialist property & casualty reinsurance company, based in the Cayman Islands. Established in 2004, Greenlight Re is a well known and respected name and is underwriting 90% of each risk.
  • Alpha Group is based in Denmark and is authorised to write UK insurance business. Alpha Group is writing10% of each risk, was formed in 2005, and is a specialist in providing solutions like this across Europe. They have not applied for a UK solvency rating.


All quotes are done via an established underwriting agency in London – who are part of the partnership agreement we have in place. They will also quote, produce documents and handle claims so this is a full fronting service solution

 

Key Features

  • For businesses with 2 to 25 partners
  • Especially competitive for 2,3 and 4 partner firms
  • Access to a full risk management service, including risk reviews and an in house claims handling service
  • Competitive pricing
  • Backed by high quality broker service

INK Underwriting Agencies Ltd and St Giles Legal & Professional Risks Ltd have joined forces to bring to the troubled solicitors insurance market a much needed new insurance facility. They offer competitive pricing, and backed by a high quality broker service, it launches just in time to help solicitors with their renewals on the 1st October 2010.

With our joint expertise in solicitors professional indemnity insurance, claims handling, risk management and understanding of the unique way in which solicitors work, we are ideally placed to help your firm get a quick and competitive rate.

The facility will accommodate firms with between 2 and 25 partners and is especially competitive for 2 to 4 partner firms. Clients will have access to a full risk management service, including risk reviews and an in house claims handling service.

 

How to get a Quote

With the [renewal] deadline date of October 1st , we urge you to act quickly. To speed up the quotation process, we would ask you to email the following information to  info@keygroup.co.uk

  • Fully completed proposal form (we can accept their current form as long as it is a 2010 form)
  • Confirmed claims experience for at least the last six years of insurance
  • Details of the current insurer
  • Insurer and premium history for the last three years

In anticipation of significant interest in this facility we will concentrate as a priority on those enquiries which have fully completed documentation attached.
 

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