Managing your Professional Indemnity Insurance (medium and large firms)

Having responsibility for PII or preparing to take on those responsibilities.  

In this course training is given on the following areas:

• the economics of PII, risk management and role of the supervisor in incidents and claims   
• key elements to managing PII in your firm 
• the SRA regulatory framework on firms 
• the PII annual renewal form and renewal process 
• managing a proposed large increase in premiums 
• managing an incident or claim 
• other related issues for the PII partner 

After completing this course, you will be able to:

• consolidate your understanding of the key elements to managing PII in your firm  
• gain insights into the SRA regulatory framework for firms  
• gain top tips for managing a proposed large increase in PII premiums  
• manage an incident or claim and explore other related issues for the PII partner  

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 90 minutes to complete, excluding assessment.