Lockton, the world’s largest independent insurance brokerage and the leading provider dedicated to solicitors’ professional indemnity insurance, has joined Legal News Wales as an Exclusive Community Partner.
We are delighted to welcome Lockton to our community, to channel its significant expertise and sector knowledge to the legal profession in Wales, to support the sector at a critical time for growth, risk management and to ensure PII cover performs effectively.
As independent brokers offering tailor-made PII solutions, Lockton makes an ideal partner for Legal News Wales as it will share impartial advice and a helicopter view of the market to offer greater transparency and informed choice for legal practices in Wales.
On announcement of the partnership with Legal News Wales, Brian Boehmer, Partner, UK Professions at Lockton, said:
“We are thrilled to announce our exclusive partnership with Legal News Wales. Their outstanding dedication to supporting the Legal Profession of Wales aligns seamlessly with our mission. We aim to complement their offering by delivering insurance and risk-related thought leadership, support and guidance to their extensive readership.
“As a leading provider of insurance and risk solutions within the legal profession, we take pride in representing numerous practices throughout Wales. Our partnership is a testament to our shared goal of engaging and supporting an even broader spectrum of legal professionals in the region.”
Lockton accounts for 30% of PII premiums placed with the top ten rated insurers, representing more than 1,500 solicitors’ practices of all shapes and sizes across England and Wales, and placing more than £115m in gross written premiums into the solicitors’ PII market annually. It only deals with reputable A-listed insurers and Lockton’s market share allows it to negotiate harder on long-term premiums for law firms of all shapes and sizes – from sole practitioners to magic circle firms.
Emma Waddingham, Editor of Legal News Wales, said:
“Lockton’s understanding and significant role in supporting the legal profession in England and Wales is not to be underestimated. Lockton will fill a much-needed gap in our PII insights and editorial coverage to support our vibrant, diverse legal sector in Wales by sharing their knowledge, support and consultative approach on the ground floor.
“It’s a crucial time for the legal sector as it addresses the challenges faced by increased risk, consumer protection regulation, and ambitions for growth, so I am especially glad to partner with the team and introduce Brian, as well as Wales-based Business Development Executive, Dafydd James, to share exclusive PII insight and advice geared to helping Welsh law firms grow, with confidence.”
Boehmer added:
“In the months ahead, we eagerly anticipate contributing to Legal News Wales’ content and events, connecting with their readership, and forging meaningful relationships within the legal community. Should any practice seek support in the interim, please feel free to reach out to us. We are here to assist in any way possible.”
Get in touch
For more information or to contact Lockton about your PII renewals and cover, click here, or contact the dedicated Lockton team for solicitors, here.
