The end is nigh
Dealing with the current soft market climate has been difficult for underwriters and brokers alike as the solicitors' professional indemnity season closes, writes Steve Pollock. Intense competition and rising claims notifications, coupled with rate reductions in excess of 10%, spell unsustainable pricing and inevitable casualties
Could it have been any crazier? Everyone expected this year's renewal season for solicitors' professional indemnity to be tough - plans were prepared and strategies deployed - but it is fair to say
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