Law firms face greater pressure than ever driven by heightened competition in the market place and increasing regulatory pressures. The need for a feasible business model underpinned by an effective risk management system has never been more important.
The ability to identify and analyse trends in claims and complaints and get under the skin of the business to test financial and regulatory systems are necessary weapons in insurers' armoury when deciding whether or not to offer professional indemnity insurance to a law firm or business operating in the sector.
The Compli team offers a range of consultancy services to insurers designed to provide insight and analysis during the course of the underwriting process and beyond.
Please see the list below for an overview of our core service offerings.