PROPERTY LAW REGULATOR LAUNCHES CONSULTATION ON CHANGES TO PROFESSIONAL INDEMNITY INSURANCE

"The regulator for property and probate lawyers, the Council for Licensed Conveyancers (CLC), has launched a consultation to update its policy on professional indemnity (PI) insurance requirements for conveyancers and probate lawyers.

All firms regulated by the CLC are required to have PI insurance in place to safeguard consumers’ assets and savings."

(Insurance Times - January 2022)