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Expert views and insight across our specialist areas.
Solicitors
Whilst a firm’s claims history plays a central part in its attractiveness to insurers and premium calculation, the way in which claims are presented can make a huge difference. Miller’s Claims Executive, Mark Durkin provides five practical actions below.
Four principal factors will influence premiums for law firms this October renewal season. While none are new, market dynamics ensure that they play out slightly differently each year. Miller’s Risk Manager, Calum MacLean discusses these below.
Construction
In conjunction with HLME and Charles Russell Speechlys, Miller presents its second insolvency related paper. Written from the perspectives of a development and construction project manager, a construction lawyer and a construction insurance expert, this document presents a checklist of key actions to take when managing a contractor insolvency.
Marine
Written by our market expert and former underwriter Peter Townsend, we're pleased to release our Marine hull market pre-renewal report, looking back at the 2024 year so far and trends ahead.
Miller’s 2024 Legal Risk Compliance Conference boasted an exceptional line-up of speakers. Our Risk Manager, Calum MacLean has curated a set of short blogs which capture the key messages from each session, with practical actions for law firms to implement.
The purpose-built student accommodation (PBSA) sector in the UK has undergone significant expansion in recent years. This has been driven by various factors, including a growing student population, increased international investment and a shift in expectations regarding the quality of living facilities. In this article, we explore what these changes might mean for development risks and insurances.
Reports of insurers exiting the solicitors PII market understandably give rise to concern – particularly when they emerge just before the main renewal season. Recent profile given to a Browne Jacobson/International Underwriting Association survey suggested that 38% of the insurers that participated in their survey had considered exiting the solicitor’s insurance market entirely.
Construction, Professional & financial risks, Directors and Officers... 1 more
Following our recent market review of the first quarter of 2024, we're delighted to provide an update at the end of H1 across Miller’s specialist areas.
Limiting your liability can be a useful tool to control your exposure in the event of a claim and deciding on the appropriate level of professional indemnity cover for your firm. However, it can be difficult to get this right and you need to be confident that the limitation will be valid and enforceable should it be challenged.
Law firms and their clients are desirable targets for payment diversion fraud. This is a result of the high value sums held and regularly being transacted from/to their client account. Miller’s Risk Manager, Calum MacLean and Sam Moore of Caytons consider where liability may lie, and provide practical guidance on how best to reduce the risks associated with this type of fraud for your firm and your clients.