Over many years Strategic (formerly known as SIRS) has represented major law and other professional firms in securing optimal professional indemnity (PI) insurance.

We recognised that securing the best PI insurance is not an administrative process of providing a proposal and making a standard presentation to Underwriters. It is also not just about the transaction. It requires continuing innovation and a strategy which:

Capitalises on all key positive issues about a firm in the context of its:

• Risk management

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• Loss history
• Culture
• Commitment
• Investment

Discloses your story in a way which covers Underwriters’ key information needs but then exceeds their expectations.

Delivers:

• Support of Underwriters both in terms of capacity (which creates competition) and longevity which is in the firm’s best long term interests
• Premium reductions
• Preferred status of the Firm in the insurance market
• Real understanding of the business
• Empathetic claims response from Underwriters

Our value as advisers and in selective broking roles through Strategic is to target the existing and future issues which will place you ahead of the field. Most firms rely on historical claims to benchmark their professional liability risk management.

At Legal RiskThinkers we aim for “Pre-Loss Wisdom” which is the detection of risks before they crystallise as a financial loss to the firm.

We recognised that firms would benefit from consulting advice not only on the insurance contract but also in the areas of:

• Legal Sector Risk Management;
• Legal Sector Risk Gap Analysis; and
• Capitalising on the Risk Gap Analysis; Insurable Risk Gap Analysis

This allows us to stress test risks detected against all insurance contracts; the provision of “Pre-Loss” Wisdom.

Legal RiskThinkers brings together the highly regarded consulting skills of team leaders:

• Colin Smith and
• Ronwyn North

They are unmatched in this field and deliver the optimum outcomes for professional firms.