In Depth: LEI as a proactive shield - the role of the insurance broker

shields

The widening access gap in legal systems, exacerbated by chronic underfunding and post-pandemic pressures, presents significant difficulties for individuals and businesses seeking justice and challenges for insurance brokers in effectively serving their clients. Izabela Chmielewska investigates.

Although many legal service options exist and satisfaction has increased, a shocking 3.6 million adults in England and Wales face unaddressed legal needs, according to The State of Legal Services 2020 Report by the Legal Services Board (LSB). This, coupled with the fact that 1.8m small businesses face a legal issue every year, reveals a critical justice gap crying out for immediate action.

The economic landscape has heightened the financial strain on clients, and the rising costs of legal fees in

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In Depth: Businesses falling into the justice gap

Widely seen as a personal problem, diminishing access to justice also severely impacts businesses. Tony Buss, managing director at ARAG explains how the justice gap has become a major issue for companies in the UK and what brokers can do to help.

Blog: Don’t get left behind, your digital future awaits

Technology has long since become an integral part of all our lives, but as the sophistication of the tech and the speed of development increases, so too does the complexity of managing the risks it creates. James Stretton, left, and Matt Clayton, senior underwriters of professional risks at Tokio Marine HCC, investigate.

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