When Should I Notify a Claim?

When Should I Notify a Claim?

Professional Indemnity Insurance

Solicitors must notify any claim to Lawcover in writing as soon as practicable after any claim is made. The sooner we know about a matter, the quicker we are able to assist.

What is a claim?

Under the Lawcover Policy a claim is:

  • A demand for, or an assertion of a right to, compensation or damages; or
  • An intimation of an intention to seek compensation or damages; or
  • A personal costs order

If you have any doubt at all about whether you should notify please contact Lawcover on 02 9264 8855 and ask to speak to one of the Claims Solicitors.

For further information, please download our brochure “Information for Solicitors who think a claim might be made against them”.

What if it’s not yet a claim?

Even if a claim has not yet been made against you, you are encouraged to notify us of a potential claim. This allows for early intervention which, in our experience, results in an earlier and more cost-effective resolution.

Top Up Professional Indemnity Insurance – notifying circumstances is essential

It is common practice in the professional indemnity insurance market for Top Up PII to exclude claims or known circumstances that could give rise to a claim that the insured was aware of but has not notified in writing prior to the commencement of the Top Up PII.

Prompt notification of circumstances is therefore very important under your Top Up PII arrangements.
Accordingly, we encourage you to make appropriate investigations of your partners/staff and notify Lawcover in writing of any claim or matters that in your view, might give rise to a claim, irrespective of value, prior to the expiry of your Top Up PII arrangements.

Who can make a claim?

Lawcover cannot accept claims from persons who believe that they have a claim against an insured solicitor. Claimants should consult an independent solicitor for advice as to whether or not they have an entitlement to claim and how to proceed with that claim.