header-logo header-logo

Home Login E-newsletter About us

SIF partnership with London insurer announced

13 September 2023
Issue: 8040 / Categories: Legal News , Profession , Insurance / reinsurance , Regulatory
printer mail-detail
The Solicitors Regulation Authority (SRA) has chosen London insurer PoloWorks as its delivery partner for managing the Solicitors Indemnity Fund (SIF), starting on 1 October. 

Paul Philip, SRA chief executive, said Polo ‘have excellent claims-handling expertise and are already familiar with our systems’.

Paul Andrews, chief executive officer at Polo, said the new arrangements would ‘lead to a reduction in the scheme's running costs, compared to the previous arrangements, meaning more money will be available for the fund's core purpose of settling claims’.

SIF protects consumers for negligence claims brought more than six years after a firm has closed. 

MOVERS & SHAKERS

JMW—75 promotions

JMW—75 promotions

Record promotions for the firm in Manchester, Liverpool London

Clarke Willmott—Adam Connors

Clarke Willmott—Adam Connors

Corporate lawyer joins as associate in Taunton

mfg Solicitors—Emma Chater

mfg Solicitors—Emma Chater

Property specialist joins as partner in Bromsgrove

NEWS

NLJ serves up a triple helping of ESG (environmental, social and governance) articles this week, starting with Teja Pisk on the Financial Conduct Authority’s anti-greenwashing rule, in force on 31 May

The Safety of Rwanda (Asylum and Immigration) Act 2024 is likely to be a major part of Rishi Sunak’s legacy as prime minister should he, as is widely predicted, lose the general election in July, Professor Graham Zellick KC writes in this week’s NLJ

Further incentives, effective from 31 May, have been put in place to attract qualified legal representatives (QLRs), former district judge Stephen Gold reports in this week’s NLJ ‘Civil way’ column

A judge in a recent case took an unusual approach to a s 994 unfair prejudice petition. In this week’s NLJ, Daniel Lightman KC, of Serle Court, reviews the case, in which the court used its case management powers to order a split trial, the first part determining whether the registers of members should be rectified and whether the petition was well founded

The Bar Council has called for a ‘whole system review’ of criminal justice through a Royal Commission, in written evidence submitted this week to the Public Accounts Committee’s inquiry into the backlog in the criminal courts
back-to-top-scroll