Resource Centre… What Do You Want To Find?

November 05 2019

Changes to SRA Indemnity Insurance rules

The SRA have recently issued a statement to the profession stating that when their new Standards and Regulations come into effect on 25th November 2019, all professional indemnity insurance policies will need to change to reflect their requirements.

November 04 2019

Guidance - Risk Management - General

Do I still have to do CPD?

In November 2016 the SRA changed the requirements for CPD. Find out more on the new regime of continued competence and what is expected.

What do I need to know about the new SRA standards and regulations?

November 01 2019

Guidance - Compliance

What do I need to know about the new SRA standards and regulations?

The new SRA standards and regulations are going to come into force on the 25th November 2019. Find out exactly what the main changes are and how this will affect your firm.

October 31 2019

Guidance - Compliance

Who is a Politically Exposed Person?

Find out exactly who is a Politically Exposed Person (PEP), what your obligations are under the Money Laundering Regulations 2017 and the systems you need in place.

Webinar Recording | The new SRA standards and regulations 2019

October 30 2019

News - Compliance

Webinar Recording | The new SRA standards and regulations 2019

On the 25th November 2019, the SRA's New Standards and Regulations will be in force. It is true that many of the principles in the existing code remain, but there are some changes you need to know about.

Upcoming Webinar | New SRA Standards and Regulation | 29th October | 12pm

October 23 2019

Webinar - Risk Management - General

Upcoming Webinar | New SRA Standards and Regulation | 29th October | 12pm

On the 25th November 2019, the SRA’s New Standards and Regulations will be in force. It is true that many of the principles in the existing code remain, but there are some changes you need to know about. Join us for this Compliance Update Webinar, with Amy Bell, Risk Management Consultant.

Your shop window to insurers - How to use it effectively

September 25 2019

Guidance - Professional Indemnity

Your shop window to insurers - How to use it effectively

Depending when you renew, you could be vying for the attention of an underwriter’s time with hundreds possibly even thousands of your peer group so it is important that you make an effort to stand out from the crowd. After all, your renewal presentation is effectively your shop window to insurers so it is imperative that you use it effectively.

The Art of Underwriting - a guide to understanding how insurers price for your practice

September 23 2019

Guidance - Professional Indemnity

The Art of Underwriting - a guide to understanding how insurers price for your practice

A fundamental of insurance is that “the premiums of the many, pay for the claims of the few.” This means that all firms can and will be impacted by claims experienced by their professional peers.

Webinar Recording | Why your law firm should think about DMARC

September 20 2019

Webinar - Risk Management - General

Webinar Recording | Why your law firm should think about DMARC

The National Cyber Security Centre (NCSC) together with the Law Society, SRA, National Crime Agency and Action Fraud revealed overwhelming evidence that phishing is the most significant cyber threat to the legal sector. Research has discovered that over 90% of targeted cyber-attacks start with a phishing email. DMARC defends your business against phishing attacks. It is a global industry standard that has been mandated by the British Government.

September 16 2019

Guidance - Professional Indemnity

Do I have enough PI cover?

We often get asked whether the limit of indemnity a firm buys is enough, which is an interesting and pertinent question for any law firm.

Upcoming webinar | Why your law firm should think about DMARC | 19th September | 1pm

September 11 2019

Webinar - Risk Management - General

Upcoming webinar | Why your law firm should think about DMARC | 19th September | 1pm

The National Cyber Security Centre (NCSC) together with the Law Society, SRA, National Crime Agency and Action Fraud revealed overwhelming evidence that phishing is the most significant cyber threat to the legal sector. Research has discovered that over 90% of targeted cyber-attacks start with a phishing email. DMARC defends your business against phishing attacks. It is a global industry standard that has been mandated by the British Government.

Additional Information – does it really make any difference?

August 05 2019

Guidance - Risk Management - General

Additional Information – does it really make any difference?

Often we’re asked whether providing additional information to insurers really does make a difference to securing a competitive premium. In this article we explore with our underwriters why this is now more important than ever, but also how best to achieve this for your firm.

Personal Injury Practices - Are you prepared for renewal?

August 02 2019

Guidance - Professional Indemnity

Personal Injury Practices - Are you prepared for renewal?

Lockton continue to act for a large number of legal practices who undertake a significant proportion of personal injury work. Through our continued engagement with these firms we understand and appreciate the potential challenges businesses are likely to face arising from the Civil Liability Act, should the continued endeavours of various groups and individuals not be successful.