Risk Management and Captive Consultancy

QPI looks at the management of risk from your perspective.

When it comes to professional negligence risk, we understand and can advise on not only operational and systemic issues but pride ourselves on our ability to offer commercial advice and alternative solutions when risk impacts on our clients business objectives.

Mergers and Acquisition strategies in the light of the Successor Practice Rules, the management of claims crises and budget smoothing solutions are all within our capabilities and experience.

Our highly qualified Risk Managers have a depth of knowledge and breadth of experience that ensures we can cover everything you throw at us.

Whether you need our help with Alternative Risk Finance and Captives or Physical Risk control and Business Continuity Planning, or indeed any other area of practice risk, we can help.

We can advise when it comes to changes in your Practice. Changes like mergers and/or acquisitions.

Our strategic planning advice will help you minimise your business risks.

Captive Programmes

For many Solicitors, Professional Indemnity premium payments now constitute their firm’s largest annual outlay, after rent and salaries.

Getting the best value for this premium and reserving for deductible exposures is a senior management priority.

Our Risk Managers and strategic partners specialise in captives, a relatively low cost method of funding Professional Indemnity deductibles whilst building an asset.

In short, turning a cost centre into a profit centre.

The Advantages of Using a Captive can be:-

  • Tax-free profits
  • Tax Deductible Premiums
  • Income potential from premiums- you are the Insurer!
  • Greater budgetary stability
  • Maximum rewards for a good claims record
  • Proof of successful risk management
  • Cover that is tailored to your risks.

We are not here to tell you how to run your business but to help make sure you protect it!

QPI….expertise in Risk Management you should expect!

Contact our Head of Risk Management Phil Edwards BSc ACII MIRM on 01604 712222 or e-mail phil.edwards@qpilegal.co.uk