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XL scoops bulk of solicitors’ PI market as fewer join assigned risk pool

steve-holland

As capacity in solicitors’ professional indemnity increases, brokers predict XL will be the biggest player in the market, replacing 2010’s top underwriter Chartis.

Despite tougher assigned risk pool rules, experts have suggested capacity in solicitors’ PI has risen, due to existing insurers writing more business; and new entrants such as the European Risk

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