Professional Indemnity Insurance - Video

Colin S. Taylor's talk from ARK's 12th Annual Risk Management Conference held on 1 December 2015 in London.

Duration: 40 minutues.

You can view the video here
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  • Publication date: January, 2016


UK Solicitors Professional Indemnity Review and Key Risk/Insurance Themes. Stay compliant - essential updates from your regulators

  • The Insurance Market Cycle
  • Economy/House Prices 1975-2011
  • Home Price Index 2002-2015
  • England & Wales Solicitors Compulsory PII Premium
  • 2015 - Market observations
  • Working in Finance, Compliance or Risk
  • Analysis of Willis's Law Firm Claims
  • Willis & The Lawyer Risk Survey Report 2015
  • Willis Risk Barometer - Key Findings
  • Key issues: Merger/Acquisition; Lateral Hires; Conversion to ABS; Data Protection; Cyber


What can legal businesses expect in terms of professional indemnity insurance (PII) in 2016?

  • Review of the current PII market place
  • Update on the SRA consultation
  • Experiences of the 2015 (April & October) renewals
  • Key risks and areas of concern for insurers

Here is a snippet of the whole conference


Colin S. Taylor, CIRM
Colin S. Taylor, CIRM Colin has over 24 years’ experience in the PII market and has for some time focused on the risk management requirements for larger law firms. He has assisted firms with the implementation of risk management training programmes for partners, fee earners and support staff and is a regular speaker at conferences and PII and risk management. Colin is a Client Advocate on a number of larger law firms and works with many in-house risk managers to create and maintain a dynamic risk culture. He has been widely published in Managing Partner, FD Legal, Modern Law, Lexcel Link and many others legal publications. Colin is a member of the Managing Partners Forum and is a qualified Lexcel Consultant. Colin holds the International Certificate in Risk Management qualification (CIRM) from the Institute of Risk Management. In 2011 and 2013 he was shortlisted for Risk Manager of the Year at the IRM Risk Management awards. Colin is currently Executive Director, FINEX Global Professional Indemnity at Willis.