Tag: Professional Indemnity Insurance
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Why ‘Small’ Conveyancing Errors are Costing Firms Thousands
The Legal Ombudsman (LeO) recently released its latest Public Interest Decisions, and for conveyancers, the message is clear: the Ombudsman is not just looking for “adequate” service, they are penalising systemic failures in conveyancing risk management. Two specific cases, involving KMC (Liverpool) and Stocker & Co, highlight how a lack of robust procedures during the…
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AmTrust Renews Rewards for Conveyancing Risk Management
AmTrust Europe (“AEL”) a wholly owned subsidiary of AmTrust Financial Services, Inc. (Nasdaq: AFSI) (the “Company”), (“AmTrust”) have renewed their groundbreaking agreement with legal software house Lexsure, which links the use of risk mitigation software with lower expenditure on professional indemnity (PI) premiums for law firms, a move that could be worth thousands of pounds…