IUA open letter calls for right to cancel professional indemnity cover for solicitors

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The IUA is concerned that professional indemnity insurance could become “unsustainable” if underwriters cannot cancel policies if premiums go unpaid

The International Underwriting Association (IUA) is calling for the right to cancel professional indemnity insurance for solicitors in an open letter.

It published an open letter to solicitors highlighting that professional indemnity insurance could become unsustainable if underwriters cannot cancel policies if the premium is not paid.

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