Risk Management Column: LPIIF documents for the 2020/2021 Insurance Year
Welcome to the 2020/2021 insurance scheme year. This month we have published a bumper edition, including all the documents relating to the LPIIF’s 2020/2021 insurance scheme year. You will now have all the documents relating to the primary layer of professional indemnity insurance in one place.
Readers will recall that the June 2020 edition of the Bulletin highlighted the pending changes to the LPIIF policies. Please study the wording of both policies carefully. The beginning of the new insurance scheme year is an opportune time to assess the risk environment in which the practice operates and the risk management measures that the firm has in place. The completion of the risk management self-assessment questionnaire is one part of that broader risk assessment process.
We wish all legal practitioners a claim free year ahead.
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