A host of top firms including Wragge & Co, Mills & Reeve and Hammonds Suddards Edge are preparing to set up their own captive insurance funds in the face of soaring professional indemnity premiums.
Legal Week has learned that a growing number of law firms are preparing to follow DLA’s lead by setting up captive insurance schemes.
Sources at Wragges, Mills & Reeve and Hammonds have all confirmed that they have asked their brokers to come up with models.
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