The impact of Covid-19 on PII Renewals 2020

Submitted by Sam Audley on Mon, 06/07/2020 - 14:51
The impact of Covid-19 on PII Renewals 2020

Last week on 1st July 2020 Brian Boehmer and Marc Rowson from Lockton, along with Lubna Shuja from Legal Swan presented to the SPG members about the impact of Covid-19 on Professional Indemnity Insurance renewals.

The topics covered were:

  • What to expect ahead of October 2020 renewal
  • What has happened in the marketplace in the past 12 months
  • What will be the impact of Covid-19
  • What information will Insurers require
  • How to best prepare for renewal
  • The Lockton SPG Offering
  • Q&A

If you would like to watch the webinar please click HERE.

The presentation slides that accompany the webinar are available to download by clicking HERE.

Lockton is the world’s largest privately owned global insurance broker and they are SPG’s main sponsor.  SPG have a very good working relationship with them, and they have a unique understanding of Sole Practitioners needs.  Some of the benefits of the SPG offering are:

  • 11 options for Sole Practitioners
  • Exclusive features with select Insurers:
    • SPG exclusive rates
    • Reduced run-off rates
    • Lower premiums
    • Nil first Excess
    • SPG proposal form – shorter than standard forms
  • Secure Portal – providing Risk Management support and guidance
  • Serviced by a team of 38 professionals

If you have any questions or queries relating to Professional Indemnity Insurance please do not hesitate to contact Lockton:

Tel: 0330 123 3870

Email: solicitors@uk.lockton.com

Web: https://www.locktonsolicitors.co.uk/

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