Tuesday, June 26, 2007

Solicitor Insurance - The 2007 Solicitor Professional Indemnity Insurance Season Has Begun

For the vast majority of people October 1st every year has no particular significance. In fact it’s just another day of the year. For Solicitors and legal professionals in the UK though the date is a little more memorable. October 1st is when (for most) if they haven’t sorted their Professional Indemnity Insurance for the coming year they simply cannot trade.
So with their very livelihood dependant on an insurance policy it seems with summer (yeah right!) now upon us a few signs that the Solicitor Insurance season is under way have started to show.


Solicitor Insurance season is with us reason 1 – Go to your favourite search engine (Google, Yahoo, MSN, ASK etc) and type in Insurance Solicitor (according to Yahoo in May 2007 this was the most typed in phrase or keywords for Solicitor Professional Indemnity or Insurance for Solicitors).

What you’ll find is a whole host of insurance companies all advertising or promoting their facilities for the current season. Insurance brokers and insurance companies alike all fighting to get the best position and get their name ahead of their competitors. A sure sign indeed that the Solicitor PI season is well underway.


Solicitor Insurance season is with us reason 2 – Pick up your favourite legal magazine or visit your favourite legal website (Solicitors Journal, The Lawyer, Legal Week, Legal Day etc) and like with the search engines you’ll notice a few changes in the type of advertisement contained within the publication or on the site. These will range from companies you’ve heard of and with a global brand or smaller, independent companies who all ultimately want the same thing – to quote for your forthcoming Solicitor Insurance and hopefully to place your business.


Solicitor Insurance season is with us reason 3 - This applies if you’re actually working for one of the insurance brokers or insurance companies looking to provide Solicitor PI Insurance. You’d have noticed the start of the PI season as there’s every chance you’d have been contacted by magazines in recent months asking if you wanted to advertise your services with them. In fact you may continue to be contacting right up until October 1st with that offer of a last minute deal that is only available until the end of the day and that if you don’t sign up by then you’ll never get that rate again! Like the DFS sale yeah?


The truth is that unless you’re a solicitor the above will have no real relevance or indeed interest to you. And if truth be known even if you are a solicitor there’s still every chance it’s of little interest to you at this precise moment in time. After all with holidays, work, family, flooding, Wimbledon and a million and one other things to occupy your mind and time, insurance (and even your vital solicitor insurance) is only really important when you’re either looking to buy it (so perhaps round about now but maybe not quite yet) or when you’re looking to make a claim.

If neither of these apply to you then thanks for getting this far and have a great summer (if it ever arrives). If you need to make a claim I suggest you contact your current insurance provider. If however you need a quote for your solicitors professional indemnity insurance then pick up your favourite legal magazine, get on the internet and search or maybe, just maybe visit http://www.solicitorpi.com/ and see how they can help you.

The 2007 Solicitor Professional Indemnity Insurance Season Has Begun so Happy Shopping.

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