Search Acumen unveils legal indemnity tool

My Legal Indemnity Shop has been developed by DUAL Asset Underwriting which is the world’s largest international underwriting agency.

Search Acumen has launched a tool allowing conveyancers to source quotes and combine policies for legal indemnity insurance.

My Legal Indemnity Shop has been developed by DUAL Asset Underwriting which is the world’s largest international underwriting agency.

Andrew Lloyd, managing director of Search Acumen, said: “Our new partnership with DUAL furthers our commitment to think ahead and make life even simpler for conveyancers wherever we can. Searches are only one part of their job, and one of the challenges we repeatedly hear about is the time it takes for them to scour the web for legal indemnity quotes.

“With this new tool, they can move seamlessly from ordering their searches to gain quick and easy access to a wide range of competitive quotes, which are combined into one to suit their needs – all in a matter of a few clicks. It all adds up to a simple, headache-free experience which frees up valuable time and delivers a positive experience with minimum fuss.”

Conveyancers can review quotes for up to 40 products, including common requirements for property transactions in England and Wales such as chancel repair, building regulations consent and search indemnities.

Having made their selection, conveyancers can combine up to four products under a single quote without needing to arrange separate policies. Bespoke policies are available for anyone requiring more than four products to be rolled into one.

Ian Keith, head of underwriting at DUAL Asset Underwriting, said: “Search Acumen have built their reputation on doing things differently and are a natural fit to help us bring My Legal Indemnity Shop to conveyancers’ desktops.

“It’s been a pleasure teaming up with them and we’re confident conveyancers will soon find the experience of arranging legal indemnity insurance just as simple as they find ordering their searches.”