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RSA sells legal and claims team

Parabis has completed an agreement with Royal & SunAlliance for the acquisition its Martello Underwriting claims and legal team. As a result Parabis Limited aims to launch an end-to-end professional indemnity claims management solution developed specifically to meet theneeds of both Lloyd’s market clients and professional indemnity insurers generally.

The new servioce is targetted at bringing down the cost of handling PI claims in this market by involving solicitors in the claims process from first notification to ensure effective decision making

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