Wide access to market
As an independent specialist, our recommendations are based solely on your firm’s best interests; not tied to any single insurer or network.
Independent advice. Uncompromised service.
Dedicated Account Manager
Direct access with one-to-one assistance from a specialist, not a call centre.
Dedicated Claims Advocacy
Our in-house claims support team handles notifications, liaises with insurers and guides clients, providing reassurance when it matters most.
Trusted coverage for legal professionals
Law firms in England and Wales have a demanding Professional Indemnity Insurance requirement imposed on them by the Solicitors Regulatory Authority (SRA). This compulsory cover is very broad and aside from claims for professional negligence extends to cover a breach of the SRA accounting rules such as loss of client funds.
Crucially, cover defends a firm against claims by covering their own defence and investigation costs. Such costs often outweigh the damages that can be awarded, and even where a claim is successfully defended, the costs can still be substantial.
So, as well as ensuring regulatory compliance, professional indemnity insurance safeguards the firm by underpinning its financial standing, maintaining its ability to trade and thus its professional reputation.
What does professional indemnity insurance cover?
The unique nature of a solicitors’ professional indemnity policy means it presents a challenge to the professional indemnity market, and as such there are only a limited number of insurers who are prepared to offer cover. It is important therefore that an insurance broker has substantial access to key insurers, and that access evolves as new insurers look to enter the market. At Juno Indemnity, we pride ourselves on our ability to open the insurance market up to our clients and provide a wide range of options.
For law firms, PII is not optional, it is the foundation of your licence to practise. We help firms of all sizes secure cover that meets the SRA minimum terms and conditions, sourcing quotations from Participating Insurers only.
Our experienced team understands how underwriters assess law firm risk, claims history, conveyancing exposure and firm structure, and we negotiate terms that balance coverage and cost.
We also assist with run-off cover, mergers/acquisitions and claims notification support.
How we arrange competitive PII for Solicitors and Solicitor firms
Whatever the size or type of legal practice you are, our dedicated broker and client manager teams will work closely with you to ensure we have a comprehensive understanding of your particular risks and circumstances.
In addition, we provide advice and support during the renewal process; a full market review to ensure your quote is tailored to match your exact needs so your firms secures the best premium and terms with the most suitable insurer.
Approach
We start by understanding our clients and by helping them to understand how the PI insurance market works. The best chance of securing competitive terms revolves around a high–quality presentation which shows the prospective Insured firm in the best light and highlights quality and risk management attributes
Broking
We then match the risk to potential insurers. Different PI insurers have different appetites. It is a waste of time and possibly damaging to a firm’s insurance prospects to simply market to everyone. Instead, we filter out poor matches and focus on those insurers who are most likely to offer the best combination of cover and price
Claims
When the worst happens, we have a dedicated claims team, in addition to each client’s own individual account manager, who will actively engage with Insurers to achieve the best outcome. Claims can cause havoc in terms of cost, stress and distraction and we will do everything we can to secure a satisfactory resolution in the quickest time possible. Most importantly we will advocate for our clients by challenging insurers where necessary and interrogating the exact cover provided by a policy wording which is often complex and nuanced.
Get in touch today and explore your options
Speak with a specialistSpeak to our specialists for more information or a no obligation quotation
Always competitive quotes, no obligation. By providing any details, our managers can appropriately assess your bespoke requirements and offer tailored solutions.
Once your enquiry is submitted, we aim to respond within 24 hours.
Alternatively, you may contact us directly by phone or email.
Available Mon to Fri, 9am – 5pm.
We aim to respond to emails within 24 hours.
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