Professional indemnity insurance

Protection for your law firm

Why get Professional indemnity insurance (PII)?

Insuring your law firm is likely to be one of your top five expenses. That’s why it’s key to work with a broker that has your firm’s best interests in mind. We work exclusively with lawyers, using our sector knowledge to find cover that’s right for you.

  • Protects your firm against civil liability claims if your team’s practice is called into question
  • Independent broker with access to leading insurers
  • Support and advice throughout the year, not just during your renewal period
  • A flat interest rate of 1% (see our funding offer for more details)
  • 12-month access to DG Legal Compliance Caddy software
  • Legal Compliance helpline, consultancy and webinars
  • Discounted home and motor insurance for your staff

Choosing a broker

When you choose us, you’ll be working with a team that’s dedicated to lawyers. We use our years of practice experience and legal knowledge to find a policy that’s tailored to your firm’s needs.

We know that no two law firms are the same. Which is why we take the time to understand your PII needs and negotiate with insurers for you. Once we’ve found you a policy, we don’t just leave. We’re on hand to give you support and advice, whenever you need us the most.

Our core values

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Dedicated to law firms

We’re here for you all year round, not just the October renewal season.

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Trusted insurers

We only deal with A-rated insurers, so your law firm gets comprehensive cover.

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Support with claims

We work alongside insurers when you need to make a claim, to give you a voice in negotiations.

Our expertise

We know the ins and outs of your profession. From our years of brokering and advising PII to law firms, we specialise in:

  • Developing risk management strategies, supported by accredited LEXCEL quality consultants.
  • Insurance considerations of key developments (OFR and ABS).
  • Implications of industry rules (successor practices) and the compliance (COLP/COFA) regime.
  • Claims and circumstance notification. We add value with expert advice, not just relay information to the insurer.

Meet the PII team

Chris Cotterill

Client Account Manager

Chris has over 12 years’ insurance experience, looking after London and South East England. As well as PII, Chris can come to your firm and give risk management reviews or seminars on cyber and fraud attacks.

Call Chris on 0121 335 3490

Jazz Parkash

PII Broker

Jazz has over 12 years’ experience, specialising in Solicitors PII with experience in other professions too. She’s well connected to brokers across London and has a strong reputation with insurers.

Tom Hogan

Client Account Manager

Tom has managed and brokered for some of the biggest dental and GP businesses across England. He’s very experienced, and cares about building lasting relationships and offering risk management solutions.

12 months free compliance software

Meet Compliance Caddy, a specialist software that lets you effectively monitor compliance.

It covers SRA requirements, GDPR, AML Regulations and more.

Free risk management solutions

Get access to DG Legal’s dedicated legal compliance advice line. For all your compliance and risk matters, including COLP and COFA compliance and SRA Accounts Rule.

You can also get face-to-face legal compliance and risk management help from their nationwide team. For advice on file reviews, in-house training and more.

Exclusive funding offer

We know that PII is a huge expense for your law firm. That's why we've teamed up with a few funding providers to help you spread the costs. Fund your PII at a fixed rate of 1% APR when you get your policy from Wesleyan Financial Services.

It's our way of helping your firm's cash flow, so you can put money back in your business without relying on overdrafts or more expensive credit lines.

This offer is valid between 1st January and 31st December 2021. Terms and conditions apply.

Representative example
 
Total amount of credit
£50,000
Term of loan
12 months
Monthly repayment
£4,208.33
Total amount payable
£50,500
Interest charged
£500
APR representative
1%
Interest rate p.a
1% (fixed)

Important information 

Limits, exclusions and charges do apply. Full terms and conditions of the policy and cover, including the policy benefits and exclusions, will be contained in the Policy Wording and Policy Summary. Risk must be acceptable to underwriters at normal term.

Wesleyan Financial Services Ltd is a broker and our insurance products are provided by a number of insurers.

Download our guide to find out how to get the most out of your PII.

Exclusive funding offer

Our exclusive funding offer is subject to Professional Indemnity Risks cover placed with Wesleyan Financial Services along with the following:

  • This offer applies to Solicitors purchasing professional indemnity insurance for their practice(s) located in England and Wales only. All other customers are excluded.
  • Your professional indemnity insurance is purchased from Wesleyan Financial Services (WFS) Limited and not from any other insurance broker or insurance provider. Your business must have a minimum of 2 partners and no more than 30 partners.
  • You must be a partnership, a limited liability partnership or a limited company, and registered at Companies House (if applicable).
  • The offer of 1% APR on funding is only available for policies with premiums between £5,000 and £500,000 and is subject to meeting underwriting criteria.
  • Offer available on successfully taking out a professional indemnity insurance policy with Wesleyan Financial Services commencing on 1 January 2021 and before midnight on 31 December 2021.
  • Wesleyan Financial Services Ltd is a credit broker and not a credit lender. Credit applications and offer will be made by Wesleyan Bank Ltd.
  • Any offer of PII is dependent on the risks being acceptable to insurance underwriters on the panel of Wesleyan Financial Services and exclusions may apply. There is no guarantee that Wesleyan Financial Services will be able to offer you a PII policy.
  • Wesleyan Bank will offer a funding period determined by the length of your professional insurance policy. Our Professional indemnity insurance covers 12 or 18 months. We will advise the best term of your policy based on your business demands and needs.
  • Written funding quotations are available on request from Wesleyan Bank Ltd. Credit facilities are subject to status and only available to UK residents over the age of 18. Wesleyan Bank Ltd reserves the right to decline any application. APR and repayment details are correct at the time of print.
  • These Terms and Conditions apply in addition to the WFS General Insurance Terms of Business Agreement and are subject to the laws of England and Wales and the exclusive jurisdiction of England and Wales.
  • WFS reserves the right to withdraw this offer at any time.
  • Risk must be acceptable to the insurance underwriters on the panel of Wesleyan Financial Services.