Some 175 law firms shut with no PII, others trade illegally
Frank Maher, partner at Liverpool firm Legal Risk, claims as many as 175 law firms closed when they failed to get professional indemnity insurance (PII) before the October deadline, the Law Society Gazette reports.
A handful of solicitors are trading illegally without cover, it says. Some firms have failed to make an Assigned Risk Pool (ARP) application or inform the Solicitors Regulation Authority but have continued to trade without cover. They will be liable for penalty premiums should they make a late application to the ARP.
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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.
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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