Risk Management enters law firms.
How law firms and insurance companies are preparing to face professional risk assessment and quotation.The insurance obligation that will be triggered by more than 240,000 Italian lawyers on October 17th will provide minimum insurance coverage rates for each professional, depending on the annual turnover and size of the Professional Association. Guideline are indicated in the decree implementing the rules that introduced mandatory insurance, but experts forecast modifications. There are in fact many aspects of professional risk assessment and quotation to be taken into account for a proper calculation of the cost of an individual or collective policy for homogeneous risk categories.
How are insurance companies and brokers gearing up to assess, quote and manage the professional risk for lawyers?
All these questions were answered at the conference “Organization, Risk Management, Civil Liability and Compulsory Insurance: A Challenge for the Future of the Law”, which was held in Rome on May 5th.
The full video of the conference is available below:
[embedyt] https://www.youtube.com/watch?v=keXqbo3AAMI[/embedyt]
The video is also available on ASLA YouTube channel.
