JLT Launch Real Estate Legal Indemnity Insurance Guide

28th July, London: JLT Specialty Limited (JLT) has today launched a Real Estate Legal Indemnity Insurance Guide available to clients and contacts.

Real Estate Legal Indemnity Insurance Guide

Bill Gloyn, Partner, European Real Estate and Construction, JLT, says, "Over the past few months we have seen an increasing volume of enquiries on this topic from clients and their legal advisers. Traditionally, legal indemnity insurances were generally handled by a lawyer direct with an insurer - with little in the way of any price or coverage comparison.

"However, with the increasing demands of regulation - which affects both the insurance and real estate professions - this mode of operation has come under some scrutiny. In particular, the preparation of a demands and needs statement with accompanying evidence of market research, are not matters that usually fall within a client's brief. That is why JLT has launched a handy reference guide to this family of insurance products"

The Real Estate Legal Indemnity Insurance Guide identifies the main types of Legal Indemnity insurance and details about associated requirements and processes for quotes and useful check list for each area.

Bill Gloyn concludes, " A number of recent court cases, especially the Heaney rights of light appeal, have bought the importance of protecting against the potential liabilities posed by existing legal rights into sharp focus. JLT Real Estate now has a dedicated team of people who can assist clients and their legal advisers with enquiries in Legal Indemnity Insurance providing the understanding and knowledge that is essential for the successful outcome of many real estate transactions".

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Enquiries:
JLT Specialty Limited
Isabella Young
Tel: 020 7558 3387/07920586032
EMAIL