News

Roger Flaxman finds lessons for brokers in a fascinating £100,000 case where a firm faced litigation for not using unrated insurers. A casual chat between two solicitors at a local trades Christmas lunch resulted in an extraordinary windfall for one of them. Each represented small practices with similar turnovers of just under £1m. Comparing the cost of their professional indemnity (PI) insurance firm A found they were paying nearly four times the premium paid by firm B. It rather spoiled the...