Introduction to Professional Indemnity Insurance

In this course training is given on the following areas:

• the key role that PII plays in protecting your clients, the profession, your firm, and your job
• the regulatory and contractual framework which surrounds PII and claims, which may impact on you
• some basic details of PII and the meanings of some PII jargon
• basic risk management you can use on your own caseload
• guidance on what to do if you become aware of circumstances or a potential claim.

After completing this course, you will be able to:

• understand the importance of PII for solicitors and understand the regulatory framework
• update your knowledge on details such as, what is and isn’t covered by PII, deductibles, top-up cover, and the importance of ‘claims made basis’
• gain pointers on how to identify a high-risk matter within your caseload and what to do when an error is found

Course format

This interactive online training consists of the following elements. An interactive course presentation, with a variety of knowledge checks spaced throughout, to test understanding of the material as the learner progresses.

Online assessment

Our modules conform to Web Content Accessibility Guidelines 2.1. However, some members may require an alternative version for accessibility purposes. This is available upon request via our contact us form.

Assessment

In order to pass the assessment, you must achieve a mark of 70%. The knowledge checks included in the course presentation are intended to aid your understanding of the content and offer the opportunity to apply your knowledge. They do not form part of the assessment.

Length

The course will take approximately 30 minutes to complete, excluding assessment.