
The Law Society operates a PII helpline Monday to Friday, 10am to 4pm to assist firms in dealing with the professional indemnity insurance queries. The helpline can be contacted by phoning 01 879 8707 or emailing piihelpline@lawsociety.ie

The Law Society operates a PII helpline Monday to Friday, 10am to 4pm to assist firms in dealing with the professional indemnity insurance queries. The helpline can be contacted by phoning 01 879 8707 or emailing piihelpline@lawsociety.ie
Download the Common Proposal Form, lists of insurers and brokers, and other key documents to help in your PII renewal process.
Insurers are required to sign a participating insurers agreement in order to participate in the solicitors’ PII market.
The signed agreement is required to be received by the Special Purpose Fund Manager, DWF Claims (Ireland) Limited. If the form is not submitted to the Special Purpose Fund Manager on or before the deadline, the insurer will not be permitted to act as a participating insurers in the market.
It should be noted that there is no minimum level of participation in the Special Purpose Fund for any insurer who signs the Participating Insurers Agreement this year.
Queries or applications to the SPF Manager should be directed to DWF Claims (Ireland) Limited.
All insurers are required to leave quotes to firms open for a period of not less than 10 working days. This requirement was introduced in the 2012/2013 indemnity period and remains in place.
The Law Society introduced a new requirement for all participating insurers for the 2018/2019 indemnity period increasing the required minimum financial strength rating of the insurer from BBB (S&P, Fitch or equivalent) to A (Fitch, S&P or equivalent). Insurers must meet and maintain the minimum financial strength rating to participate in the market. Information on the insurer’s financial rating should be provided with every quote.
The Special Purpose Fund consists of the Assigned Risks Pool and the Run-off Fund. The Assigned Risks Pool is the insurer of last resort for solicitors unable to obtain cover in the market. The Run-off Fund provides run-off cover to eligible ceased firms.
See more information and contact details for the Fund Manager under Run-off Cover.
One of the main factors taken into account by insurers when considering the risk profile of a solicitor firm, and therefore whether the insurer is willing to insure a firm and the cost of that insurance, is the implementation and maintenance of risk management strategies and procedures to minimise the risk of an insurance claim against the firm.
The Law Society's risk management guidance notes set out risk management policies and procedures that firms should consider implementing in order to reduce the firm’s risk profile and correspondence PII premium.