Howden Windsor, the specialist Professional Indemnity Insurance (PII) division of Howden Insurance Brokers Limited, has announced an exclusive arrangement with software provider Lexsure which could see law firms save thousands of pounds on their annual premium. Howden Windsor clients who are insured by A-rated insurer AmTrust Europe can save money on their Professional Indemnity Insurance (PII) premium each and every time they use COMPLETIONmonitor, Lexsure’s bespoke conveyancing risk management tool. The online checklist has been designed specifically to reduce errors and omissions which may be made in conveyancing transactions. This risk mitigation software is the first of its kind to be directly linked to lower expenditure on PII premiums for law firms. With the average 2013/14 PII premium for 4 to 10 partner law firms at well over £50,000 and often representing over 5% of firms’ gross fee income, PII is a significant e...
This blog is for CQS accredited firms in England and Wales. Including topics like the Conveyancing process, Conveyancing Policy Templates and Conveyancing case law. As it contains everything about conveyancing and conveyancers it should be of particular interest to property lawyers and property solicitors, as well as COLP and Compliance Managers.