The new product is the first of its kind for the UK market
Specialist UK professional indemnity MGA Inperio has teamed up with European programme underwriter Accredited to launch the first policy for freelance solicitors in the UK.
Commenting on the product launch, Inperio chief executive Simon Lovat said: “As an MGA that specialises in the provision of professional indemnity insurance to legal firms, we are excited to continue to support the profession with the launch of the freelance solicitors policy.
“Since the introduction of the new freelance solicitors regulations in November 2019 the legal industry has been looking for a suitable solution and now we are in a position to offer it.’’
Colin Johnson, chief executive of Accredited’s Program Division, added: “We are really excited to be supporting Inperio, and offering this new and much needed product to freelance solicitors.
“It also reflects the strength of our partnership, which combines Inperio’s expert underwriting and knowledge of the market with Accredited’s strong balance sheet, high quality capacity and a culture of acting swiftly to meet customers’ ever-changing requirements.”