Singer & Friedlander Insurance Finance is urging brokers to take advantage of professional indemnity insurance funding schemes to enable solicitors to spread the cost.

According to Singer & Friedlander, figures published by Zurich suggest that many solicitors have been unable to renew their compulsory liability insurance due to the rising cost of the premiums.

Brian Farrington, assistant director of sales and marketing at Singer & Friedlander said: "In the three years since the demise of the Solicitors Indemnity Fund, solicitors have seen premiums rise by as much as 35% in some cases. For many firms, annual renewal will be the biggest overhead of the year."

He continued: "Using premium funding allows solicitors to spread the cost of indemnity insurance through monthly instalments and thereby remove the sting of paying a costly annual premium."

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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