Claims chasers face PI burden

In its latest consultation paper on claims management regulation, the DCA says there is no strong case for businesses that merely refer cases to have PI cover because they are generally very small and in most cases do no more than refer cases to claims management businesses or to solicitors. But where businesses represent clients, the DCA says there is a stronger case for requiring them to have PI insurance because the work they do is analogous to that of solicitors, insurance brokers and IFAs. Examples of firms that represent clients are those dealing with endowment and criminal injurie...