Professional Indemnity Insurance renewals

Steven Blundell

16 September 2020

The important role of accurate information as part of the Professional Indemnity Insurance process for law firms.

With many law firms’ Professional Indemnity insurance renewals due in two weeks, many delay completing the proposal form because it takes so long to get data on work splits and highest value transaction, averages, etc.

The cloud based Actionstep legal practice management system can play a significant and important role for presenting and negotiating terms with insurers.

Law firms look to their case management system to provide this yet it can still take days of manual work to get accurate data.

The Actionstep legal case management system works to provide this data in minutes. Our LawTech team have recently built some custom reports enabling law firms to extract accurate information and the value of their 5 largest matters.

For more information about how my team of LawTech experts at Advantage365 can help you with this process, call 0121 212 6580 or request a free call-back using our contact form to get free initial advice. You can also access a wealth of free business information for lawyers by visiting our digital Resource Centre and view our free Business Factsheets .

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