Solicitors Professional Indemnity (PI) Insurance

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Logo: A red umbrella. Text: Travelers. Spotlight on Solicitors Professional Indemnity 

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Text: Overview of Travelers Solicitors Professional Indemnity Insurance. James Graham, Managing Director - Professional Indemnity – Bond & Specialty

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We first entered the Solicitors Professional Indemnity market back in 2000 and have been a prominent insurer in this sector ever since. Back when we started, we had a team of four people working across our solicitors product – today the team has grown five-fold.

Our product complies with the SRA minimum terms and conditions, and provides additional benefits including accidental damage to documents, compensation for court attendance, and Personal Accident cover for 2-15 partner firms. We can also offer additional benefits on request, such as regulatory defence costs cover. 

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Text: Additional benefits include:
-    Accidental damage to documents, 
-    Compensation for court attendance
-    Personal accident cover for 2-15 partner firms

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And more importantly, our dedicated Risk Managers bring critical data and resource analysis to our clients, enabling them to identify and manage their own risk. We also provide a post-claim wellbeing service to support any individuals affected.

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Text: Why does a business need this insurance? 

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For firms that qualify within our criteria, we offer early renewals, which makes the renewal process easier and more streamlined for our clients. 
We also provide various limit options from the mandatory limit up to £10m for primary policies and on a 100% basis, without the need for co-insurance providing greater certainty and better efficiency when claims are made and handled. 

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Text: Who is this product for? 

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We can consider any size of law firm, based either internationally or in England and Wales, which is regulated by the SRA. 
We also offer products for registered Freelance Solicitors, Law Centres and unregulated Legal Advisors. 

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Text: Our appetite includes:
• Sole practitioners & freelance Solicitors
• 1-10 & 11+ partner firms
• Start ups - global & overseas law firms
• Unregulated legal firms
• Not-for-profit law centres

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Text: Why Travelers? 

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At Travelers we aim to be more than just an insurer. We are a trusted partner to our legal clients, providing advice and support both before and after a claim is made against them.
With legally trained underwriters and solicitors in both our claim and risk team, along with our longstanding partnership with the Law Society, we understand what firms really need.
And finally, Travelers in-house claim team of qualified solicitors brings extensive experience across multiple jurisdictions and practice areas. 
When you choose Travelers, you're not just buying insurance – you're gaining a trusted partner. Our dedicated team of legally trained underwriters, qualified solicitors, and risk managers work alongside you to protect what matters most. Your CLIENTS.