FIND A SOLICITOR GAZETTE LEGAL JOBS BOOKSHOP Log in Sign up Membership Campaigns Topics and resources Career advice Events Learning PROFESSIONAL… Solicitors Indemnity Fund Professional indemnity insurance My LS Helping you to understand the PII market and how to abide by the regulatory requirements when purchasing PII. Related sub topics Personalise your profile by selecting topics of interest. Solicitors Indemnity Fund Resources Most popular GUIDE Renewing your firm’s professional indemnity insurance PRACTICE NOTE Professional indemnity insurance GUIDE Closure of the Solicitors Indemnity Fund All resources Expand all Guide (8) Practice note (3) Q&A (5) Reset, Resilience and Recovery We're supporting solicitors and firms to reset their practices to best serve their clients, increase business resilience and drive the recovery after coronavirus. News and articles VIEW ALL PROFESSIONAL INDEMNITY INSURANCE FEATURE PII: start talking to your broker now for October renewals I. Stephanie Boyce urges firms with a 1 October renewal date for their professional indemnity… 09 Jul 2021 SOLICITORS INDEMNITY FUND PRESS RELEASE SIF consultation: Consumers could be left high and dry by solicitors’ regulator Solicitors leaders today warned that consumers could be left high and dry if the regulator pushes ahead with the discontinuation of post six-year run off cover (PSYROC) and the closure of the Solicitors Indemnity Fund (SIF). 24 Nov 2021 SOLICITORS INDEMNITY FUND PRESS RELEASE Discontinuation of SIF could leave consumers high and dry We respond to the publication of the Solicitors Regulation Authority's consultation on continuation of post six-year run off cover and the Solicitors Indemnity Fund. 23 Nov 2021 SOLICITORS INDEMNITY FUND NEWS Council statement on the Solicitors Indemnity Fund The Law Society Council has issued a statement on the closure of the Solicitors Indemnity Fund (SIF). 15 Oct 2021 PROFESSIONAL INDEMNITY INSURANCE CONSULTATION RESPONSE HMRC consultation on raising standards in the tax advice market – Law Society response We responded to HMRC's consultation on introducing a requirement for tax advisers to hold professional indemnity insurance. 15 Jun 2021 The Law Society is the independent professional body for solicitors. We are the voice of solicitors, driving excellence in the profession and safeguarding the rule of law. Maximise your membership My LS gives you access to the latest news, events, books and resources to help you excel within your practice. FIND OUT MORE SECTIONS Law Management Section Our Law Management Section is a community for partners and practice managers. We provide you with support and guidance through our magazine, webinars and events. SECTIONS Risk and Compliance Service Our Risk and Compliance Service is a community for people who manage compliance. We provide support and guidance through our magazine, webinars, events, podcasts and features. Related books and publications SRA Standards and Regulations July 2021 edition Solicitors Regulation Authority 30 Compliance and Ethics in Law Firms Tracey Calvert 60 Assessing and Addressing Risk and Compliance Rebecca Atkinson 65 What we're doing for you The Law Society is run by and for our members. We are the voice of solicitors, driving excellence in the profession and safeguarding the rule of law. With the guidance of our specialist committees: we influence the legislative and regulatory environment in the interest of the profession and the public we keep members up to date with sector news and develop advice and guidance to support good practice we promote the profession and legal services nationally and we promote England and Wales as a global legal centre PII Committee Our Professional Indemnity Insurance Committee monitors and investigates issues around solicitors' indemnity insurance. GET INVOLVED Topics related to professional indemnity insurance Regulation Business management Client care FOR PUBLIC VISITORS Common legal issues Using a solicitor Resources ABOUT US Our governance Our strategy and business plan Business review and annual report Supporting members across the country Work in Wales Work at the Law Society Legal Corporate responsibility Modern slavery statement CONTACT OR VISIT US For public visitors Press office Public affairs Helplines Practice Advice Service Law Society library Reading Room Bar and restaurant Venue hire Advertise with us Apply for funding Social media © The Law Society 2021. All rights reserved. - v.2021.11.15.1 Cookies Privacy policy Accessibility Legal notice To optimise your experience, we use cookies This site uses cookies to provide essential functionality, to help us understand how people find and use the site, to personalise your experience, and tailor advertising to you. To agree to our recommended settings, click “Accept”. To manage your cookie choices, click “Settings”. AcceptSettings