The Legal Services Regulatory Authority has issued regulations regarding the professional indemnity insurance required by practising barristers.
The Legal Services Regulation Act 2015 (Professional Indemnity Insurance) Regulations 2019 set minimum terms and conditions for professional indemnity insurance that all practising barristers must comply with.
There are exceptions within the regulations for practising barristers who provide legal services only as an employee of a partnership of solicitors and for practising barristers who provide legal services only as part of their employment within the State for an employer who is not a legal practice.
As provided for by section 46 (3) of the Legal Services Regulation Act 2015, the LSRA has approved the group scheme of professional indemnity insurance for practising barristers within the Bar of Ireland as being in compliance with the 2019 Regulations.
The Professional Indemnity Insurance Regulations (SI No 572 of 2019) can be found on the Irish Statute Book website here: