New solicitors' PI guidance issued

Eric Galbraith

Broker, insurer and solicitor trade bodies have banded to issue guidance on the renewal process for the first time

The British Insurance Brokers’ Association (Biba), the Law Society and the Association of British Insurers (ABI) have launched a guide to buying professional indemnity (PI) insurance for solicitors.

This is the first time that brokers, insurers and solicitors have issued guidance on the renewal process.

The guide aims to explain how to choose a broker and insurer, the workings of the PI market, completing the proposal form, difficulties in obtaining PI and gives information about rights and

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