Personal Injury Claims Companies Must Be Insured
From July 1st 2008 any business working within the personal injury sector and representing clients must have adequate professional indemnity insurance in place.
Subject to approval by Parliament, this legal requirement will apply to anyone representing a client by means of making an allegation, submission (either by argument or evidence) or any other representations on behalf of a client to an insurer or other organisation in relation to a claim.
At time of writing 1stClaims have held professional indemnity insurance for over twelve months.
"Even though we were not legally required to have a policy in place, we felt it was necessary to invest in a full professional indemnity policy to protect both our clients and ourselves," says 1stClaims director, Nicholas Jervis. "We take our responsibility to our clients extremely seriously:- having professional indemnity insurance is part of creating a service in which our clients can have complete confidence."
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