brokers /
8th September 2025
Help Law Firms manage the cost of Professional Indemnity Insurance and grow your own business
With the Solicitors Regulation Authority (SRA) requiring a minimum level of Professional Indemnity Insurance cover and the cost of premiums remaining high, between 3% to 9% of annual turnover, with a median of 5%*, law firms are heading into yet another expensive renewal season. And for law firms already juggling rising operating costs, managing cash flow is becoming even more critical. Karl Leitelmayer, Sales Director (Tax), Premium Credit, explains how credit brokers can offer much-needed relief to their law firm customers.