Errors' & ommissions (E&O)
Aon/Willis combination not ‘good for clients or good for the market’: MMC CEO Dan Glaser
In a half year results call, Marsh and McLennan CEO Dan Glaser aired a “personal” view that the Aon and Willis Towers Watson merger will be negative for clients and the market .
XL Catlin's Vincent Branch on the unexpected love affair with AI
Artificial intelligence is already a part of real life but Vincent Branch, CEO of Accelerate, XL Catlin asks how far the love affair will go.
View from the Top: Crucial differences
Technology firms that fail to grasp the differences between PI and E&O insurance put themselves at risk, says David Legassick.
Hiscox attributes £1.2bn GWP to errors and omissions rate rises
Hiscox has reported gross written premium of £1244.4m for the nine months to 30 September 2012, a 6.4% increase on £1169.5m for the same period in 2011.
RK Harrison recruits cyber specialist from Marsh
RK Harrison has appointed David Rees as head of cyber practice in its specialist casualty team.
MGA Dual expands with new Austrian office
Dual Group, the underwriting arm of Hyperion Insurance Group, has announced that Dual Austria will open its doors in Vienna on 1 July fronted by liability specialist Hannes Puchner.
Markel enters German market through joint Anglo venture
Markel International has signed a joint venture agreement with Anglo Underwriting and moved into Germany.
Russell Group launches FI portfolio management system
Russell Group has unveiled a new portfolio management system for financial institution risks.
Beazley names new head of professionals’ E&O
Specialist insurer Beazley has appointed Jerry Sullivan as its new head of professionals E&O.
QBE offers E&O in Canada
QBE has been granted service company status by Lloyd’s to provide errors and omissions insurance to SME's in Canada.
Goldman Sachs does not have E&O cover
Goldman Sachs, the investment banking giant that has recently been indicted by the SEC for fraud, does not carry E&O insurance, market sources have told Reinsurance.
Goldman Sachs charged with fraud by the SEC
Goldman Sachs Group was charged with fraud on Friday by the US regulator in the structuring and marketing of a debt product tied to subprime mortgages.
Marsh launches new E&O product
Broker to provide cover to lottery and gaming organisations