Legal Services Board reviews Qualifying Insurer’s Agreement

The Legal Services Board is currently reviewing the Solicitors Regulation Authority’s (‘SRA’) application for approval of the Qualifying Insurer’s Agreement 2010-11. The Law Society said it ‘continues to press for the expeditious completion of this process.’ The Society warned that ‘some qualifying insurers are unwilling to quote indicatively until it’s complete, which is likely to delay the start of the professional indemnity insurance (PII) renewal period.’