Professional indemnity essentials for law firms
PI insurance for law firms: Jack Lowndes, Associate Director, PI Legal Services—FINEX GB
JACK LOWNDES: It's a question more firms are asking, and for good reason. Investigations by the SRA or FCA are becoming more common, often triggered by things like client money handling, data breaches, or even procedural conduct breaches. Each investigation should be handled on its own merits, as these can be nuanced in their own nature. Depending on the scope of the investigation, the policy may respond when formal action begins, or may limit what is covered, especially around early legal costs and internal inquiries.
That's where we come in. At Willis, we help firms like yours review policy wordings to identify any gaps, ensure regulatory risks are properly covered, and support you with a dedicated claims advocacy team if a claim follows. Regulation is evolving fast. We're here to make sure your protection keeps pace.
