Automatic language translation
Our website uses an automatic service to translate our content into different languages. These translations should be used as a guide only. See our Accessibility page for further information.
The following professional indemnity insurance policies were submitted to the Attorney General for approval by ABC Insurance Pty Ltd in respect of the 2025-2026 NSW solicitors’ practising year pursuant to section 95 of the Legal Profession Uniform Law Application Act 2014: Primary lawyer policy wording and Run Off wording for ceased law practices (together, the ABC Policy).
The Attorney General has decided not to approve the ABC Policy.
In reaching this decision, the Attorney General has had regard to:
The Attorney General has considered the public interest factors for and against approving the policy, including the following:
On balance, the Attorney General considers that the public interest is best served by retaining the current market structure for the 2025-26 solicitors’ practising year, with Lawcover Insurance Pty Ltd as the sole provider of the minimum, compulsory layer of PII cover to solicitors and law practices who practise solely in NSW.
In reaching his decision not to approve the ABC Policy, the Attorney General has been assisted by a report prepared by Deloitte, ‘Expert Report concerning Solicitors’ Professional Indemnity Insurance in NSW’, October 2024 commissioned by the Department of Communities and Justice.
The Report is being proactively disclosed by the Department of Communities and Justice pursuant to section 7 of the Government Information (Public Access) Act 2009.
Please note that the report has been redacted to protect personal and commercially sensitive information pursuant to section 7(4) of the Government Information (Public Access) Act 2009.
Last updated: