Running a legal practice comes with significant professional responsibility. Solicitors insurance is essential to protect your firm, your reputation, and your financial future against claims, complaints, and unexpected risks.
Legal Firms Insurance
Solicitors PI Top Up Insurance
Protect your practice above the compulsory scheme layer with specialised insurance solutions for Australian law firms.
Solicitor Lead Form
"*" indicates required fields
Specialised solutions for solicitors
What Is Solicitors PI Top Up Insurance?
In Australia, every practising solicitor must be covered by an approved Professional Indemnity (PI) insurance arrangement.
While compulsory PI is typically arranged through state or territory schemes with specific minimum limits, Top Up insurance sits above this compulsory layer. It is designed to protect your firm when claim costs, defence expenses, or matter values exceed those mandatory minimums.
Specialised solutions for solicitors
Why Your Firm Should Consider Top Up Cover
PI insurance is a fundamental component of running a legal practice, protecting against financial loss from acts, errors, or omissions.
KBI recommends reviewing your PI program at every renewal to ensure your coverage reflects the current size and complexity of your work.
- Higher-value matters: If your firm handles transactions or provides advice regarding property, commercial deals, tax, or estates, a single claim can easily exceed the compulsory layer.
- Corporate and contract requirements: Many clients require higher PI limits as a condition of their contract. Top Up cover ensures you can meet these professional obligations.
- Scope and tower alignment: We help structure excess layers so that coverage remains consistent above the scheme limit, ensuring definitions, exclusions, and cost treatments are aligned.
Specialised solutions for solicitors
Why PI Top Up Insurance is Important
Even the most well-run firms can face PI notifications.
Common drivers for claims in the Australian legal sector include:
- Conveyancing and property transactions.
- Errors or omissions in documentation or advice.
- Fraud and dishonesty exposures.
- Conflicts of interest and missed deadlines (including limitation periods).
- Communication gaps and inadequate file documentation
Why Choose KBI for Solicitors Insurance?
01
Risk Based Insurance Program Design
- We can guide the process to identify and quantify corporate and operational risk profiles.
- We help assess or determine risk appetite.
- We assist in commercially testing insurance options (cost vs benefit analysis).
02
Program Placement
- KBI leverages both local and global insurance markets to ensure the best outcomes for clients.
- KBI provides contract review services to understand fair apportionment of risk allocation to third parties to better protect the insurance placement.
03
Streamlined Client Service
- KBI is wholly owned by its employees and directors, giving brokers a genuine “care factor” towards clients.
- Pro-active industry-specialist brokers who are hands on, keep abreast of industry news and focus on proactive advice and service to ensure client’s insurance strategy remains suitable to changing needs.
- Advice driven, not transactional – our model is based on partnership and providing expert advice, guiding our clients along our journey together.
04
Claims Management/Advisory
- Dedicated in-house claims management team (including the placement broker), to streamline and simplify the claims process for our clients.
- We partner with leading loss adjusters / solicitors, agreed at the time of placement, not at claim time.
- We can help to have policies in place to include claims preparation costs, advancement of defence costs to aid clients during time of need.
Get a Quote Now
Our team is ready to help you understand your risks and find the right coverage to ensure your business is fully protected.
Don’t leave your business vulnerable – contact the team at KBI to discuss your solicitors insurance needs and get a tailored quote today.
We’ll help scope your requirements
Comprehensive Insurance Solutions for Solicitors
Solicitors require tailored advice to ensure they have industry-specific protection in a heavily regulated legal sector.
We consider each client’s operations, activities, size and contractual requirements to arrange specialised coverage catering to the client’s needs and appetite.
Alongside PI Top Up insurance, KBI can advise on a full suite of covers to protect your entire practice:
Cyber & Privacy Insurance
Critical for protecting sensitive client data against breaches and ransomware.
Management Liability
Protecting partners and directors against employment disputes and regulatory investigations.
Business & Office Insurance
Covering your physical premises and contents.
Public Liability & Workers’ Compensation.
Corporate Travel and Life Insurance.
Added value
Key Areas of Value-Add Services
We specialise in arranging professional indemnity insurance for solicitors and legal practices.
Our deep understanding of the legal profession and its risk landscape allows us to deliver meaningful value through our partnerships, helping ensure your exposures are effectively identified, managed, and protected.
International Insurance Placement & Compliance
Contractual Reviews for Insurance Compliance
Early Warning to Clients on Regulatory & Legislative Changes
Loss Control Engineering
Client Advocacy During Claims Process
Limit & Coverage Analysis
get your quote
Talk to a Broker Now
Our team is ready to help you understand your risks and find the right coverage to ensure your business is fully protected.
Don’t leave your business vulnerable to the damage of an attack–Contact the team at KBI to discuss your solicitors insurance needs and get a customised quote today.
CLIENT TESTIMONIALS
What Our Clients Say
Talk With Our Brokers
Solicitor Lead Form
"*" indicates required fields