Barbican’s syndicate will withdraw from property, marine cargo and hull, and professional indemnity insurance.
As regulators are spelling out the rules for influencers advertising services and products, insurers and brokers are starting to adapt their policies to these social media personalities making a living out of their online fame.
Artificial intelligence will have unexpected consequences, which will raise tricky liability questions and will probably change the nature of claims
Cavity wall insulation claims exploded last year, with Axa Insurance alone reporting a dramatic increase in the space of seven months.
The Construction Industry Council has launched a survey to assess the impact of the Grenfell fire on insurance cover for the construction sector.
The Supreme Court ruling in Pimlico Plumbers, granting employment rights to a gig worker, might lead to an increase or a shift in liability claims. But it also opens up a door for new products as gig economy platforms will want to cover their new…
Brokers should value the many in-depth questions asked by underwriters, writes Cecile Fresneau, executive director of the UK insurance division at QBE Insurance.
Specialist carrier Beazley has launched a professional indemnity consortium large law firms based in the UK.
Solicitors and their professional indemnity insurers are in effect underwriting the legitimacy of property transactions on a strict liability basis, following a recent court decision analysed by Phil Murrin, partner at DAC Beachcroft.
Exclusive: A legal dispute between Brightside and its former co-founder Paul Chase Gardener was outlined in court on Friday.
As a proportion of revenue, smaller insurance intermediary firms are still paying out far more for professional indemnity insurance than the largest firms, the Financial Conduct Authority’s latest data bulletin shows.
Analysis: Has the industry learned its lesson after the collapse of a third unrated insurer in two years?
After three months of solvent run-off, Danish insurer Alpha finally fell over last month. Its collapse sent shockwaves through the market and prompted black cab drivers to besiege the offices of their London broker.
The insurance watchdog has opened a consultation into proposals which could see a surge in personal indemnity premiums and force some providers out of the market altogether.
Warranty and indemnity insurance has seen significant growth in the real estate sector over the last few years. And, with the cover offering significant advantages to those involved in real estate deals, many expect it to become a standard part of any…
Insurers could face millions of pounds worth of professional indemnity claims arising from negligent financial advice given to those transferring out of the British Steel Pensions Scheme last year.
Emerging Asia is set to remain the world’s fastest growing general insurance market in 2018.
There does not appear to be any slowdown in the number of insurtech start-ups that are aiming to mark their mark on the insurance sector.
Erskine Murray has acquired Essex-based Asciak Holdaway Merrit, a professional indemnity specialist broker.
The recent introduction of compulsory insurance requirements for Italian law firms is yet another milestone for the country’s rapidly growing professional indemnity insurance market, explains Massimiliano Colombo, regional underwriting manager at QBE…
Taking risks is in the DNA of many media and technology firms and insurance should be the enabler that allows them to do this effectively.
The competitive insurance market has triggered low premiums for professional indemnity cover but Terry Pegg, director of sales and marketing at Tokio Marine HCC, argues this does not mean that standards in policies or service levels should be slipping.
Now the Supreme Court has ruled employment tribunal fees are unlawful, insurers are expecting a flow – but not a flood – of claims
The insurance industry is currently battling with a multitude of uncertainties: Brexit, Ogden, and the impact of technology. Mike Brown, senior partner, and Alistair Kinley, director of policy and government affairs, BLM, spoke to Post about how those…
BLM partners Jennette Newman and Julian Smart explain how macroeconomic trends can be analysed to predict insurance claims.