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Professional Indemnity & Financial Risks

Leading legal advice

‘Clients applaud the firm for its exemplary service, vast industry knowledge and comprehensive, realistic and commercial advice’; ‘a strong and talented team’
Legal 500

‘This successful professional indemnity group houses a group of lawyers who are applauded for the calibre of their work’.
Chambers

Highly regarded within the insurance market the Professional Indemnity and Financial Risks team handles all classes of professional indemnity and financial risks, including construction, directors & officers, cyber and crime.

Members of the Professional Indemnity team have been acting for Lloyd’s syndicates and composite insurers for over 25 years, and have been involved in many of the most significant cases over that period dating back to SAAMCo and Nykredit.

While the term ‘professional’ has traditionally been applied to the likes of solicitors, architects, surveyors, engineers and accountants, as the business landscape has evolved so has the term. Those providing specialist services, advice and/or consultancy services are all now included in this classification.

As the scope of professional indemnity insurance has developed, so has the expertise of our specialist Professional Indemnity and Financial Risks team, which has a wealth of experience in professions ranging from the traditional accountants to the more unique zoo keepers.

In addition to the team’s considerable experience in the defence of claims made against professionals, directors, officers and trustees, it also houses specialists in insurance law, regularly advising UK and foreign based insurers on a full range of policy coverage and regulatory issues.

Our approach is to ensure that claims are handled proportionately, cost-effectively, and proactively to reduce indemnity spend, defence costs and third party costs whilst maintaining quality. We work closely with insurers and their insureds to achieve these aims and to enhance insurers’ customer reputation.

To read/download our Policy Wording Underwriting Support Services brochure please click here. For further information about this service please contact Tamsin Hyland.

To read/download our latest article on Technology and Data Use – Risks for FI and D&O Insurers please click here.

Key Contacts

Plexus Law
Plexus Legal LLP is a limited liability partnership with registration number OC416421 and Plexus North LLP is a limited liability partnership with registration number OC423092. Both entities were incorporated in England & Wales and have their registered office address at Joseph’s Well, Hanover Walk, Leeds, LS3 1AB. Plexus Legal LLP is authorised and regulated by the Solicitors Regulation Authority whose professional rules can be accessed at www.sra.org.uk. Plexus North LLP is a Multi-national Practice regulated by the Law Society of Scotland (LS No.57187), whose professional rules can be accessed at www.lawscot.org.uk. Together and separately these entities are referred to as “Plexus” and Plexus Law. Plexus and Plexus Law are trading names of Plexus Legal LLP and Plexus North LLP. A list of members, directors, non-members and non-directors who are designated ‘partner’, ‘associated partner’ or ‘director’ is available at the registered office. The term ‘partner’, ‘associated partner’ or ‘director’ indicates a member or director of Plexus Legal LLP or Plexus North LLP or an employee or consultant of equivalent or senior standing and includes non-solicitors and non-lawyers.