Firms who maintain a claims-free record may be able to benefit from a financial rebate provided it meets certain conditions. New professional indemnity insurer New Eden is claiming to be the first to offer firms “direct financial rewards”. Richard Brown, chairman of New Eden, said in an interview with Legal Futures that rewards could take the form of a full annual rebate of the premium in a firm’s fourth year if it remained claims-free.
Our range of services helps law firms, COLPs and COFAs to protect their business from unnecessary risk and to comply with all relevant regulations.
Whether you need a hand with file reviews, are considering applying for a quality standard or accreditation or are looking for day to day support for your team you’ll find Legal Eye ready to help.
The Legal Eye Academy offers a cost effective and efficient means of ensuring that all of your staff undertake – and maintain – robust and thorough training on key compliance issues.
As an online platform staff can access the training at a time and in a place to suit them whilst firms can record and monitor training records through a central administrative function.
Both Norman and Helen have taken the time to understand our business and how we operate which in turn means that the advice provided is practical, timely and ultimately works for us/adds value. We find the fact that Legal Eye have both a compliance and commercial understanding invaluable.
- Andrew Graves, Managing Director & Solicitor, Rowlinsons Solicitors
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