Professional Indemnity Insurance (PII) news and resources including a guide to renewal, run-off cover, insurers and brokers, regulations and the common proposal form can be found in this section.
2014/2015 PII Documentation
Please note that additional documentation for 2014/2015 will be posted shortly.
Insurance Status of Firm
Please note that information on the current professional indemnity insurance (“PII”) provider for each firm is available through Find a Firm.
Participating Insurers Agreement 2014/2015 (PIA)
Insurers are reminded that the PIA needs to be completed fully, signed and submitted in hard copy to the current SPF Manager (Capita) on or before close of business on 1 November 2014. The Society has no power to grant any extension of this deadline. As such, if the form is not submitted to Capita on or before 1 November 2014, you will not be permitted to act as a participating insurer in the market in 2014/2015. Download the PIA 2014/2015.
PII News & Resources
Click on the links below for PII news and resources:
Latest PII News
For information on run-off cover, including the Run-off Fund, the Special Purpose Fund Manager and Run-off Fund Guidelines, see the Run-off cover section.
Guide to Renewal
The 2013/2014 Guide to Renewal provides tips for renewal, information on changes to the PII terms for the 2013/2014 indemnity period, guidelines for completing the common proposal form (see link below) and a guide to insurers and brokers. See the 2013/14 Guide to Renewal.
Current PII Regulations & minimum terms and conditions
The current statutory instrument regarding professional indemnity insurance comprises the Solicitors Acts 1954 to 2008 (Professional Indemnity Insurance) Regulations 2011, the Solicitors Acts 1954 to 2011 (Professional Indemnity Insurance) (Amendment) Regulations 2012 and the Solicitors Acts 1954 to 2011 (Professional Indemnity Insurance) (Amendment) Regulations 2013.
Click on the links below to download the regulations and minimum terms and conditions for the 2013/14 indemnity period:
Common Proposal Form
The editable Common Proposal Form can be downloaded below - it is a large file so it may take a few moments to open. Please save it to your computer before you complete the form.
A supplementary claim form and Financial Services Questionnaire are also available to download below.
Please Note: A certificate of good standing is not required to be included with the common proposal form as part of your PII application.
View the Participating Insurers Agreement for 2013/2014.
View a list of insurers for 2013/14.
It should be noted that the minimum level of participation in the Special Purpose Fund for any insurer who signs the Qualified Insurers Agreement will be 1%.
A list of brokers, who have expressed their willingness to arrange PII cover from the qualified insurers for the 2013/2014 indemnity period is available now. View a list of brokers for 2013/14.
Please note that a guide to insurers and brokers will also be available in the Guide to Renewal.
Confirmation of Cover
All confirmation of cover must be provided online by insurers and brokers. If you have any difficulty with the system, please contact the Society at email@example.com.
PII Policy Documentation
For details of the ARP policy, ARP premium schedule, run-off policy, run-off rules and SPF Management Committee rules, see the 2013/2014 PII policy documentation.
More PII information
For more PII information including statutory instruments, Society eBulletins, a list of Risk Management Consultants and information on previous indemnity periods, see Other PII Resources.
PII Helpline for Solicitors
The Law Society operates a helpline to assist firms in dealing with the professional indemnity insurance queries. The helpline can be contacted by phoning 01 879 8707 or emailing firstname.lastname@example.org and is available Monday to Friday, 10am to 4pm .
Back to top