The Professional Indemnity Scheme ("PIS") provides compulsory professional indemnity to Hong Kong law firms against losses arising from civil liability incurred in connection with their practices. including discounted training, free attendance at most TAE events, preferential rates for Professional Indemnity insurance, newsletters and documentary resources to support practice. To deal with this issue, the QBE Information & Communication Technology insurance policy combines attributes of professional indemnity, product liability and public liability into a single policy. Angela S. Y. Yim. Address: Room 1905, 19/F, Fortress tower, 250 King's Road, Hong Kong, Attn: Dr. Raymond Chow at (Tel: 2523 6350) or Ms. Alice Cheung (Tel: 2523 6072). There is also the option to include cover for working in the USA or Canada. What is the Professional Indemnity Insurance (PII) Policy? Deemster Doyle, the Isle of Man's most senior judge, sitting as Visitor to the society, declined Appleby's bid to overturn the society's decision, made in May 2013, in which it refused a waiver on the . What is the Professional Indemnity Insurance (PII) Policy? The top three home jurisdictions of RFLs are the United States, England & Wales and mainland China. Adrian's education is listed on their profile. (Hong Kong) LLP (a limited liability partnership registered in England & Wales and registered and regulated as a foreign law firm by the Law Society of Hong Kong, operating in Hong Kong as a Hong Kong limited liability partnership pursuant to the Legal Practitioners Ordinance) in association with Francis & Co. PLUS University Series Whether you're new to the professional liability industry altogether, or new to cyber liability in particular, PLUS has 2 University series tailored to help you learn the basics and be successful in your career. angela.yim@mayerbrown.com. 2021. Member of the Professional Indemnity Advisory of Law Society (1999 - ) Member of the Land Use Planning & Environmental Law Committee of Law Society (2004 - ) Chairman/Director of UCL Hong Kong Club Ltd (2000 - ) Governor of the UCL Scholarship Hong Kong Foundation Ltd (2010 - ) Founding Member of the Hong Kong Korea Business Council Found inside – Page 383K Insurance Council , 154 Insurance Industry Self - Regulation Working Group , 148 Intellectural Property ... 194 , 196 , 201 , 195 Landord and Tenant Ordinances , 222 Lantau , Cheung Chau , Lamma , 221 Laos , 113 Law Society , 28 LCD ... This increase in the indemnity limit will therefore provide additional protection to the public. Found inside – Page 1172Professional Indemnity Insurance : 49 Law Inst . 1981 – Professional Indemnity Insurance J. 404. ... Royal Mel- Commonwealth Law Conference , Hong Kong , bourne Institute of Technology Course to be September 1983 : 58 A.L.J. 71. 'Antony Sassi is the pre-eminent professional indemnity and D&O coverage counsel in Hong Kong. Hong Kong +852 2843 4503. Found inside – Page 120At law the remedy upon a contract of indemnity is to sue for damages for breach of the contract , and there is no breach ... 39 Re Law Guarantee Trust and Accident Society Ltd , Liverpool Mortgage Insurance Company's Case ( 1914 ) 2 Ch ... Hong Kong Event Insurance. Incisive, not afraid to tell it like it is.' 'RPC Hong Kong understand insurers' requirements to provide advice for complex matters in a clear and very user-friendly way.' RFLs are required under the Foreign Lawyers Registration Rules to maintain a policy of insurance which provides indemnity, in respect of services rendered by him/her while practising as a foreign lawyer, in a manner and to the extent similar to the indemnity provided to a solicitor under the PIS. 7. With the current Laws of Hong Kong available on the web, the Historical Laws of Hong Kong Online database rightly . A copy of the Hong Kong Solicitors' Guide to Professional Conduct is available on The Law Society of Hong Kong's website, www.hklawsoc.org.hk. English; Australia. 3(d) of Schedule 2 to the PIS Rules); The Directory is published by the Law Society for the purpose of facilitating the public in identifying law firms which are published in the Directory and knowing the services that they provide. In some cases, you even may be required by law to have Professional Indemnity Insurance, so be careful to understand your legal obligations which vary by profession and state. She qualified as a solicitor in Hong Kong in 1993, and in England and Wales in 1994. Found inside – Page 1406Career : Called to the Bar 1986 ; pupillage , Lamb Building , Middle Temple 1986-87 ; Denton Hall 1987-89 ; qualified 1990 ; Denton Hall , Hong Kong 1990-94 ; Bird & Bird 1994 ; partner 1996 . Education : University College , London ... Found inside – Page 13HONG KONG LAW DIGEST TRADEMARKS ... continued of attorney signed by applicant required . ... Foreign lawyers must provide documentary evidence of policy of indemnity insurance comparable to that required of solicitors in Hong Kong . . We are the voice of solicitors, driving excellence in the profession and safeguarding the rule of law. 832 licensed insurance broker companies. The Law Society of . The formula for calculating PIS contributions payable by law firms will remain unchanged. Professional indemnity insurance (1) A licensed insurance broker company must maintain a professional indemnity insurance policy that provides coverage for claims made against the company for liabilities arising from breaches of duty in the course of carrying on its regulated activities. The Law Society’s Practice Direction M sets out the advisory guidelines for solicitors to limit their liability for non-contentious business subject to certain conditions. The number of RFLs practising in Hong Kong has risen by more than 67 percent over the last 10 years. Members should take note however, that a solicitor’s practising certificate shall be suspended if he/she fails to maintain PIS cover pursuant to r. 6 of the PIS Rules; She is especially skilled in handling high-profile personal injury and employees' compensation claims and she frequently acts for major insurers. In 2019, total office premiums for in-force long term business was HKD511.5 billion (a 10.8% increase). The Law Society of Hong Kong is a professional association for solicitors in Hong Kong vested with statutory powers to regulate the professional conduct of solicitors, trainee solicitors and foreign lawyers. Found inside – Page 733Memberships : Law Societies of Wales ; LMAA ( supporting member ) ; Hong Kong and England and Wales , HKMLA . ... regulatory , contentious probate , land and Wales , New South Wales and defamation , professional indemnity Victoria . It was incorporated in 1907 as a company limited by guarantee. About the Law Society. Medical Protection is the UK's best rated medical indemnity provider. (b) amending the Senior Counsel Clause (para. This policy is tailor-made for HKCPA members to cover for indemnity arising from breach of professional duty in employment as a clinical psychologist. Unless the Company takes over the conduct of the claim the claimant may go uncompensated. Found inside – Page 68Legal Professional Indemnity Scheme in Hong Kong L By Huang Jiangtian the Council of the Society may make calculate the ... and maintain a fund or fied public accountant containing parsional insurance , which is intended to funds . . Found inside – Page 440Cases include representing Society of Lloyd's in Central Fund recovery litigation , co - ordinating U.S. proceedings on ... Membership : Chairman of the Professional Indemnity Insurance Committee of the International Bar Association . In general terms, the purpose of the PIS is to provide indemnity against loss arising from claims in respect of any civil liability incurred by a solicitor in connection with his/her practice. e.g. The Law Society of Hong Kong is a professional association for solicitors in Hong Kong vested with statutory powers to regulate the professional conduct of solicitors, trainee solicitors and foreign lawyers. We know that medical or healthcare professionals and establishments are very vulnerable to complex risks and costly litigation. January 1990. The Law Society of Hong Kong is a professional association for solicitors in Hong Kong vested with statutory powers to regulate the professional conduct of solicitors, trainee solicitors and foreign lawyers. What are the requirements for joining? 9 minute read. Found inside – Page 882Grammar ; Newcastle Polytechnic ( 1976 BA experience of professional indemnity , she has Law Society of Scotland and ... Hong Kong 1987 . who joined Brodies in August 2006 . sional partnerships . gence claims against accountants and ... For those Hong Kong law firms that operate in the form of limited liability partnerships (“LLPs”), they are required under the Legal Practitioners Ordinance to have in existence, in addition to the indemnity which the LLPs are entitled under the PIS, a policy of insurance which provides indemnity up to an amount not less than HK$10 million in respect of any single claim. Found inside – Page 13Foreign lawyers and law firms wishing to practise foreign law in Hong Kong must be approved and registered by Law Society . REAL PROPERTY : Foreign lawyers must provide documentary evidence of policy of indemnity insurance Conveyance of ... If a clinical . Otherwise, the Hong Kong Bar Association and the Law Society of Hong Kong impose few barriers on pro bono work for Hong Kong lawyers. Discover. The Hong Kong Institute of CPAs is the only body authorized by law to register and grant . International wholesale markets - London, Asia, and Lloyd's Syndicate. Professional Indemnity Insurance. RFLs are treated no differently to unqualified staff. Salient features of the changes include: (a) amending the definition of “Practice” (r. 2 of the PIS Rules) to clarify that the business of practising as a solicitor includes “the neutral in any form of alternative dispute resolution procedure; China-Appointed Attesting Officer; or civil celebrant…”; Monday 8th November . I am a specialist in insurance-related dispute resolution and advisory work, with a particular focus on professional indemnity and financial lines matters. There are no mandatory requirements on lawyers to . About the Law Society. Found inside – Page 87Law Reform Commission of Hong Kong. partnership must furnish the Insurance ... 7.13 We recommend that all insurance brokers be required to arrange and maintain professional professional indemnity insurance . We further recommend that ... If so, how many? Found inside – Page 90To explicate the three levels of controls in Hong Kong, we turn to the work of several scholars. ... review through R&D (vi) Availability of reasonable professional indemnity insurance for consumer protection (vii) Law Reform: reviewing ... issued by the Manager of the Professional Indemnity Scheme to solicitors. Many doctors will experience a claim or complaint at some point in their career, and it can have a huge impact on their reputation and finances. In addition, Wong adopted an incorrect format for his report to the . Further, in view of the growing trend of solicitors expanding their multi-jurisdictional practices, it is anticipated that the number of RFLs practising in Hong Kong law firms will continue to increase. The existing PIS indemnity limit of HK$10 million per claim has been in place since 1994. Thank you. The Law Society of Hong Kong is a professional association for solicitors in Hong Kong vested with statutory powers to regulate the professional conduct of solicitors, trainee solicitors and foreign lawyers. the law society requires every lawyer to be covered for at least S$1m for each . This includes "establishment" in Ireland and indemnity insurance issued within the country, the report claims. The current Professional Indemnity Scheme ("PIS") was set up in 1989 under which indemnity is provided by the Hong Kong Solicitors Indemnity Fund ("Fund"). P. C. Woo & Co. are one of the panel solicitors under the Hong Kong Law Society Professional Indemnity Scheme and the Hospital Authority. Professional Indemnity Insurance. Found inside – Page 337the decisions of the Court of Appeal of Hong Kong given in favour of the insured Lo & Lo , a firm of solicitors and ... the same question as to the meaning of the words “ any one claim " in a policy of professional indemnity insurance . Found inside – Page 34... write solicitors ' professional indemnity business after signing a ' Qualifying Insurers Agreement with the Law Society . Sarah Clover looks at a few of the claims from the Court of Appeal in Hong Kong . . handling issues with which ... the Hong Kong Medical Association (HKMA), the HK Public Doctors' Association and the HK Doctors' Union. They are arranged through various medical professional bodies, i.e. The Solicitors (Professional Indemnity) (Amendment) Rules 2016 and Solicitors’ (Practice) (Amendment) Rules 2016 (together “Amendment Rules”) were gazetted on 25 November 2016.
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