SRA reassures firms using Balva Insurance
The Solicitors Regulation Authority has reassured firms using Balva Insurance for its professional indemnity following a regulatory ban on the firm to underwrite policies in the UK.
The SRA has written to 1300 firms that have policies with Balva to let them know that there are no implications for them at this time following Balva's ban on underwriting any new business in the UK.
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