PI insurers warned about market 'gold rush'
Professional indemnity insurers risk becoming caught up in Parmalat style negligence claims unless they ensure accountancy firms follow strict risk management procedures as they rush to expand practices in the fast-growing economies of Brazil, Russia, India and China warned law firm Reynolds Porter Chamberlain.
At their 10th annual professional liability seminar on 9 November, Jane Howard, partner at RPC, said: “There are concerns that in order to win business in these new and lucrative markets, overseasOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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