Article / Risk Management
Rates for UK Law Firms Drop in Fierce Market Competition

Law firms in the UK have seen insurance premiums slashed as insurers led by a Qatari underwriter have launched an aggressive bid to win a bigger share of the market.

Lockton's Brian Boehmer discussed the falling cost of insurance premiums for legal firms, saying, "There has been a 25 per cent rate decrease at the higher end. There’s a lot of competition."

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