8
Solicitors Professional Indemnity & Management Liability Insurance

Solicitors Professional Indemnity Insurance Brochure for 2015/16

  • Upload
    servca

  • View
    220

  • Download
    4

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: Solicitors Professional Indemnity Insurance Brochure for 2015/16

Solicitors Professional Indemnity & Management Liability Insurance

Page 2: Solicitors Professional Indemnity Insurance Brochure for 2015/16

Servca Insurance Group, part of Servca Group of companies, are a multi-dimensional insurance brokerage specialising in Professional Indemnity, servicing both retail & wholesale clients.

We have built a solicitors’ professional indemnity platform engineered by innovation, efficiency

and commitment, in which our people are empowered and motivated to succeed & deliver

results.

We consider ourselves a multi-dimensional insurance and risk management partner, covering

all commercial risk globally with a competitive track record in assisting our clients from

insurance to our specialist legal services division – Servca Legal Services.

In a busy legal practice and challenging business environments, time is money. Searching for

the insurance protection you need can be time consuming and stressful.

As a Lloyd’s Broker, Servca Insurance Group are a leading provider of risk and professional

indemnity services under our iProfession brand - specialising in solicitors’ indemnity to offer

our retail and wholesale clients dedicated Professional Indemnity Insurance cover from a

range of A rated insurers under our Professional Indemnity Insurance solicitors’ schemes.

Our highly experienced solicitors’ professional indemnity insurance team have over 35 years

London Market Experience to ensure you have the right answers; whether your question

refers to changes in your practice, a potential claim or improving your risk management.

Contact us on [email protected] or call us on 0207 0143205 for a

complimentary review on your solicitors PII renewal.

Email us at [email protected] for upcoming solicitors’ risk management

seminars where you can join us via web-link or in person and gain CPD points.

Page 3: Solicitors Professional Indemnity Insurance Brochure for 2015/16

Dedicated Solicitors Scheme - iProfessionWe firmly believe that the placement of solicitor’s Professional Indemnity insurance should be

through a specialist professional indemnity broker with knowledge & schemes available to

cater for current SRA minimum terms and conditions.

Solicitors’ Professional Indemnity insurance is ever evolving. With renewal dates now

staggered throughout the year and assigned risks pool diminishing, you’re more likely to be

spending time, effort and heartache arranging critical cover your firm or clients may need to

rely upon. Contact us and let us do the insurance review for you.

9 30% off for all Servca Legal Services clients

9 Dedicated London Market Brokers & Brokers At

Lloyd’s

9 CPD accredited seminars throughout the year in

good practice & risk management

9 Over 35 years’ experience in Professional

Indemnity

9 Dedicated Solicitors’ A+ Rated scheme for retail

and wholesale clients

9 Approved insurers under SRA guidelines

9 Simple & concise application forms

9 Management Liability insurance for LLPs

9 Direct Access to Servca Legal Services –

assisting in solicitors’ funding, translations,

medical reporting, rehabilitation, investigation

reports and After-The-Event insurance

9 No practice of any size or undertaking too big or

small

9 Dedicated team for assisting with start-up

solicitors’ practices

Why Servca for your Solicitors PII?

Coming together is a beginning, Keeping together is progress, Working together is success

“ “

Page 4: Solicitors Professional Indemnity Insurance Brochure for 2015/16

Specialist Solicitors Indemnity with added Management Liability Cover – For Total Piece of MindWe are committed to excellence in customer service, working to ensure you receive:

• The most competitive cover from secure A-rated insurers

• Independent advice on the best deal for your practice for the longer-term

• 18 and 24 month policies available

• Access to exclusive markets & schemes

• Access to a range of value-added on and off-line

risk & compliance resources

• Complimentary services from Servca Legal

Services – a Servca Group company.

• Tailored guidance on the renewal process and

your cover options

• Management Liability cover

• Accredited CPD seminars covering a variety of

topics and Q&A’s with key solicitors’ underwriters

• Specialist network of regional brokers to assist

you with your renewal process

Why renew with Servca?

4 0 12exclusive relationships & schemes

with A-rated insurers

the number of policies we have

ever placed with unrated insurers

months of the year our team are

dedicated to Solicitors PII

92 14 3percentage of client retention from

solicitors PII year on year

team members dedicated 24/7 to

the legal profession all year round

million pounds solicitors PII

premium placed in 2013-14

Contact us on 0207 0143205 or email us on [email protected] to arrange a complimentary

insurance review.

Page 5: Solicitors Professional Indemnity Insurance Brochure for 2015/16

Management LiabilityWith Servca Insurance Group you can be confident, knowing that our management liability

insurance portfolio can protect the financial wellbeing of your legal practice and the personal

wealth of your directors in situations like these:

• Health & Safety investigation following injury to an employee leading to substantial legal

costs

• Allegations of sexual harassment which results in potentially large legal and compensation

costs

• Fraudulent employee activity, leading to a significant gap in your cash flow

Servca Insurance Group are able to offer Management Liability as a standalone product, or as

an add-on to your professional indemnity insurance.

Highlights of the Management Liability Cover

Directors’ & Officers’ Liability

This covers your personal wealth for defence costs incurred during a claim and awards made

against you. For example:

• Claims by investors or other shareholders (including other directors)

• Defence costs and awards of claims arising from your personal involvement with the

administration of any company pension

Employment Practice Liability

This covers your practice and your employees against defence costs and awards of

employment claims. Examples include;

• Allegations of sexual harassment or wrongful dismissal by employees

• Allegations of incorrect selection for redundancy

Corporate Legal Liability

This covers your practice against defence costs and awards associated with events such as:

• Allegations you have breached regulations, for example Tax Laws , Health & Safety or

Trading Standards Regulations

• Claims by investors or shareholders

• Direct financial loss from employee dishonesty

Our Management Liability product is available to wholesale and retail clients throughout the UK.

Please contact us on [email protected] for further information. For wholesale queries, please email [email protected] or call us on 0207 0143205.

Page 6: Solicitors Professional Indemnity Insurance Brochure for 2015/16

Wholesale Partners & Introducers Servca Insurance Group have a dedicated ‘Wholesale’ team - ServXtra, which

works with our partner brokers in the UK and globally. If you are a broker/

introducer where you are interested in working with us on Solicitors PII risk –

please email us on [email protected] and see how we can add

value to your organisation.

Why Servca as your wholesale Solicitors’ Professional Indemnity Insurance partner?

Contact us on 0207 0143205 or email [email protected] and see how we can add

value to your brokerage.

9 Dedicated Solicitors’ schemes with A+ rated insurers

9 Comprehensive risk management & auditing tools

9 CPD accredited seminars held throughout UK & Ireland

9 Industry leading remuneration

9 Strict service level agreements and quote turnaround times

9 D&O & Management Liability cover

9 Office Insurance

9 Access to award winning - Servca Legal Services

Page 7: Solicitors Professional Indemnity Insurance Brochure for 2015/16

Risk Management is at the forefront of any successful legal practice. Servca Group’s in-house

risk management is defined by our approach to mitigating risk and ensuring financial stability

with A-Rated insurers to ensure a swift claims resolution in the unfortunate event of a claim.

At Servca Group, we ensure that each solicitors’ practice is treated as a separate entity which

is assessed on an individual basis, making it essential for our valued clients to implement

rigorous risk management policies to assist in competitive and flexible premiums.

At Servca Group, we work with clients all over the United Kingdom and Ireland - therefore

understand the importance of developing trust with our valued clients. We actively encourage

meeting with our solicitors’ to discuss how value could be added through risk management

processes, or indeed cost savings; such as Servca Legal Services – a Servca Group company.

CPD Accredited Seminars – Training for Tomorrow Under SRA guidelines, all solicitors from November 2016 will be required to undertake CPD to

monitor and update their competence levels. CPD is an integral tool for ongoing development,

risk management which may lead to competitive premiums. At Servca Group, we hold six

complimentary CPD accredited seminars throughout the UK for our valued solicitors’ clients

covering topics from good practice to risk & compliance. We also work with you on latest news

and information released from the SRA or Law Society in the event any legal reforms affect

your business or insurance requirements.

• Six regional seminars in the UK

• Dedicated underwriter speakers

• SRA and Law Society compliant

• Complimentary entry for all Servca Group & Servca Legal Services clients’

• Be informed about the latest news in legal reforms

Our CPD Accredited Seminars are a complimentary event where you can earn CPD points. Please

contact us on [email protected] to book your place for our next seminar.

Risk Management

Your Law Firm. Our Trust.

Page 8: Solicitors Professional Indemnity Insurance Brochure for 2015/16

Servca Group

148 Leadenhall Street

London

EC3V 4QT

Business Support & Operations

Ferguson House

113 Cranbrook Road

Essex, IG1 4PU

0207 0143205 [email protected] www.servca.com