What you need to know about the upcoming PI Insurance and CPD reporting changes
Law Mutual together with The Legal Practice Board will be giving a presentation on the new changes occurring in the calculations of the PI premiums and the introduction of the CPD Management System.
A 15 minute overview followed by a Q&A session will be presented by Law Mutual WA's General Manager John Rogers on the changes occurring in the calculation of the gross fee income for PI insurance followed by Libby Fulham from the Legal Practice Board outlining the introduction of the CPD Management System.
Changes to the Law Mutual Insurance Arrangements 2021/2022 Insurance Year:
From the 2021-2022 Insurance Year, there will be significant changes to the way Law Mutual calculates the Annual Contribution (commonly known as ‘the premium’) and the Insured’s Contribution (commonly known as ‘the excess’) payable by insured practices.
This session will provide an overview of the changes and provide an opportunity for you to ask any questions.
We recommend that you read Changes to the Law Mutual Insurance Arrangements 2021-2022 Insurance Year booklet that provides a full explanation of the changes.
John Rogers, General Manager - Law Mutual WA
John Rogers has been the General Manager of Law Mutual since 2015. Law Mutual is the area of the Law Society that is responsible for the PI insurance arrangement for Western Australian law practices and practitioners.
Libby Fulham, Executive Director - Legal Practice Board of Western Australia
Libby Fulham is the Executive Director of the Legal Practice Board. She has a background is in civil litigation, corporate and administrative law. Libby has over 20 years of senior management experience and business operations in the legal and industrial microbiology fields. Libby has been instrumental in leadership roles and has a proven breadth of achievement in business and commercial strategy and operations. Libby has worked for the Legal Practice Board for 10 years, serving as the Deputy Executive Director from 2014 to 2017 and was appointed Executive Director in August 2017.