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Shackleton Risk Management
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Insurance for Attorneys, Liquidators and Professionals
Insurance for Attorneys, Liquidators and Professionals

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#Directors have even more on their plates than ever before in today's business world. Mistakes happen and the consequences are real, but can you afford not to cover yourself against these? Director's and Officer's #Insurance is a necessary expense, but who can you trust? http://ow.ly/obYnw
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Are your Corporate clients worried about the seemingly unstoppable wave of theft from some Trust Funds in #SouthAfrica? Misappropriation of Trust Fund #Insurance is there to protect a law firm in this instance. So why not settle any concerns for your corporate clients and get the right advice about MTF #Insurance? Before it’s too late. http://ow.ly/obYjP
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Don’t be a statistic of a struggling economy. Get the correct PI Cover for your business rescue firm. http://ow.ly/n7KXu
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PI Insurance example: A developer client has a municipality problem and you advise them to react a certain way. Problem is that your developer has penalty clauses in place if they finish past deadlines. Now your advice has caused the project to be delayed by 2 weeks. What happens then? If your client sues you for the penalty damages is your firm insured to the correct value? http://ow.ly/n7cAR
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#PI Cover is a necessity but there are still dangers to be wary of. As an #attorney in your firm you advise your clients of reading the fine print of everything they are about to sign and commit to. How often do you do the same for your firms #insurance? By seeking advice from professionals specific to your industry you have less likelihood of being taken for a ride, or worse – loosing your practice in the case of wrong doing or mal-practice. http://ow.ly/mZUQW
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Scenario: You give a corporate client some advice that turns out to be wrong. The client loses the deal and they sue your attorney firm for the contract amount.
Solution: Make sure you have the correct amount of Professional Indemnity Insurance for your firm. Everyone makes mistakes, but these should not cost you your business. Seek advice from specialist #insurance brokers that deal with Professional Indemnity Insurance every day. Not just from some broker that has it as an add-on service for you. After all, if you specialized in Commercial Law as a firm, you wouldn’t say you were an expert on Family Law now would you? http://ow.ly/mN8GU
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Professional Indemnity insurance was designed for professionals who provide advice or a service to their customers, just like an #Attorney would do in #SouthAfrica. It is designed to protect you against legal costs and claims for damages from a third party. These legal and claim costs could arise because of an act, error, omission or breach of professional duty in the course of your business. This is not a needed item for Attorneys, but rather a necessity. http://ow.ly/mMjsu
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Dealing with Trust Funds can be a touchy subject, particularly if you’re concerned about any of your staff. After all, times are tough and there’s a bad economy out there. Take a second to think about what would actually happen if one of your staff stole some money from a Trust Fund that you managed in #SouthAfrica ? Can you be protected against this and make sure of your firm’s survival? http://ow.ly/mG7T2
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