Professional indemnity insurance: market update

Professional indemnity insurance: market update

Jun 6 2018

Prices have been kept down by plentiful market capacity, but firms with conveyancing work will continue to face additional challenges.

Professional indemnity insurance market conditions have shown little change over the last few years, either for sole practitioners or magic circle firms. 

Some insurers have attempted to hold or increase rates across their portfolio, but with limited success because competition remains strong.

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