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Title: https://uksolicitors.org/
URL: https://uksolicitors.org/
Description: A new clause making it clear what cover will be provided for cyber losses will be added to the minimum terms and conditions of law firms’ professional indemnity insurance (PII) policies. We have drawn up the addition working closely with both the legal profession and insurers, and it has been submitted to the Legal Services Board (LSB) for final approval. If agreed, it should be in place for any insurance renewals from early 2022 onwards. We proposed the additional clause following the Prudential Regulation Authority and Lloyd’s of London asking insurers across the UK to make sure they focus on losses arising from cybercrime in all policies, including those written for law firms. The clause means insurance policies will explicitly mention cover for cybercrime and specify what losses fall within scope for a potential claim. The cover is for client and third-party protection – losses to the law firm (first-party losses), except for certain costs of investigating and defending a claim, are not covered. Firms can choose to purchase a separate cyber policy for other risks. We ran a public consultation over the summer on the addition of the new clause, followed by further discussions with insurer representatives and the Law Society based on the feedback received.

Latest News:

January 23, 2015 : Strong Google indexing of our free web directory, strong domain and page authority along with the old PageRank 1.
January 22, 2015 : I extended the registration period until January 2016.
January 15, 2014 : I extended the registration period until 2015.
December 22, 2013 : Welcome Mark, our new editor, hopefully review time will be cut down from currently 5 months.
November 14, 2013 : If you really want to remove a link you can contact me at reg email.