Professional indemnity (PI)
Professional indemnity insurance for lawyers and accountants
Danny Seaman, professional indemnity specialist at Miller, Peter Stephens, head of PI at Westfield Specialty, and Matthew Harvey, account director of ProFin at the Clear Group, reveal what is behind the softening of the professional indemnity insurance market for lawyers and accountants.
More Cowbell coming to UK insurance market
Managing general agent Cowbell has made its first move beyond the standalone cyber insurance market in the UK with the launch of a hybrid professional indemnity and cyber solution for technology firms.
Managing PI exposures amid Labour’s building push
When it comes to the government’s target to build 1.5 million homes over the next five years, Tinu Ayoola, senior professional indemnity underwriter at Collegiate Management Services, reckons more haste less speed is required to ensure adequate cover is…
Diary of an Insurer: Rokstone’s Jimmy Heaton
Jimmy Heaton, head of international directors and officers and financial institutions at MGA Rokstone, highlights the importance of sustainable underwriting, professional development, and maintaining a constant dialogue with partners, while pursuing his…
Professional indemnity insurers unable to price for genAI exposure
While claims seem inevitable, professional indemnity insurers are currently bearing an unpriced exposure to the use of generative artificial intelligence, RSA’s UK head of PI has told Insurance Post.
Big Interview: Jane Kielty, Aon UK and Ireland
Aon UK and Ireland’s CEO, Jane Kielty sits down with Scott McGee to talk through her first year in the job, and why 2025 will be the year of high performance for the broker.
Professional indemnity rates expected to fall rapidly
A capacity-driven professional indemnity insurance market offers the chance for growth and competitive pricing in 2025, Clyde & Co has predicted.
Allianz to launch refreshed SME proposition in 2025
Allianz Commercial plans to launch a refreshed SME proposition in 2025, following investment to broaden and modularise its product suite, UK managing director Nadia Côté has told Post.
How to create a pipeline as a specialist insurer
How a sales pipeline can help teams track their progress, pinpoint revenue-killing roadblocks, and prioritise their efforts to increase revenue is covered by Russell White, CEO of Peach Pi and NPAI, in his Insurance Post Top Tips video.
Diary of an Insurer: Peach Pi’s Nick Dinsdale
Nick Dinsdale, director of underwriting for NPAI and Peach Pi, loves interacting with his new team, won’t let road repair carnage prevent his daughter from playing for Chelsea FC Girls, and adds a bit of market experience to his organisation’s reinsurer…
Aviva revamps financial lines management and pushes into Scotland
Aviva has announced several new hires in its financial lines team, including underwriters that expand its presence into Scotland.
Reflecting on the government’s foray into the PII market
In the wake of the government’s short-lived intervention into the professional indemnity market, Harry Curtis asks how effective it was and whether problems persist today.
Professional indemnity insurers raise AI worries
Around two thirds of UK professional indemnity insurers believe the use of AI by professional services firms is increasing their risk of practice, according to a survey by Clyde & Co.
Lloyd’s risk tool; Pattern and Giggster partner; Howden’s driving offering
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
RSA posts £9m loss for first half of 2023
RSA has posted a £9m loss for the first half of 2023 and hired Aviva’s former transformation director James Godfrey to try to future-proof its technology, digital and data capabilities.
RSA moves to double professional indemnity business by 2026
RSA Insurance has launched an excess of loss product – the first in a phase of launches as it aims to double the size of its professional indemnity business by 2026.
Is litigation liability insurance now essential for executives?
As periods of financial distress can often lead to increased instances of non-performance of contract obligations, Edmund Tirbutt examines whether litigation liability insurance could be set for a boom.
Diary of an Insurer: Markel’s Josh Brown
Josh Brown, head of technology PI at Markel International, proves working in insurance can be fun and games by talking to brokers about a product created for video game developers as well as spending time playing with his two young sons.
Why landlords need higher limits on liability cover
Chris Murray, partner in the Manchester office of Clyde & Co, warns the severity of landlords’ liability claims has increased, leaving them exposed to potentially catastrophic costs and unable to purchase sufficient coverage.
Insurers’ role amid perfect storm battering the UK construction sector
Blog: Natalie Boardman, underwriting manager for professional indemnity at CNA Hardy, stresses the need for rigorous risk management and insurance that addresses UK construction firms’ numerous challenges.
Lloyd's partners with Biba; McLarens expands leadership board; Allianz makes two promotions
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.