Professional indemnity (PI)
Biba and Kingsbridge offer PI scheme for freelancers
The British Insurance Brokers Association and Kingsbridge are offering professional indemnity cover for freelance professionals.
Tax-avoidance crackdown could see PI insurers hit with third-party claims
HMRC tax workaround enquiries focusing on individuals as well as corporations.
Editor's comment: Can insurers avoid tax trouble?
During this period of austerity, tax avoidance has turned into a major political issue, with Prime Minister David Cameron making it a key topic at the recent G8 summit of leading economies held at Lough Erne, Northern Ireland.
One Answer and THB team up for PI offering
One Answer Brokerdrive has gone into partnership with the professional and financial risks division of THB to roll out professional indemnity insurance to all of its members and their clients.
JLT Speciality extends PI relationship with AmTrust Europe
JLT Specialty and AmTrust Europe have renewed and extended their professional indemnity relationship offering both sole traders and partner firms PI cover for the 2013 renewals.
PI firms risk being sued if they continue to undervalue serious injury claims
Claims management companies reportedly targeting under-settled claims.
Balva told to appoint liquidator following FCMC investigation
Latvia’s Financial and Capital Markets Commission has withdrawn all operating licences for insurer Balva and issued a winding up order for the Riga-based firm.
Solicitors’ Professional Indemnity: Domino effect
As solicitors and the wider industry prepare for the fallout from the Balva scandal, predictions suggest some firms could fall onto the breadline. Are they right?
Consumer watchdog champions single PII scheme
A report published by the Legal Services Consumer Panel has proposed that a single professional indemnity insurance scheme and compensation scheme is launched to cover the legal services sector.
UIB extends Elite binding capacity deal
UIB has extended its binding capacity deal with legal firm Elite Insurance Company for a further 12 months.
Interview: Chris McGloin: Up for the fight
Incoming Airmic chairman Chris McGloin is about to find himself at the forefront of an organisation with a lot on its plate. As he takes the reins during Airmic’s 50th anniversary year, he explains why he’s feeling optimistic
Gallagher London gains MGAA’s preferred provider status
Gallagher London has been granted preferred provider of professional indemnity insurance status by the Managing General Agents’ Association.
Search for independent midwives PI cover at Lloyd's 'a non-starter'
Independent midwives in search of professional indemnity insurance have experienced a further setback after an attempt to track down underwriting capacity from the Lloyd’s market drew a blank.
Am Trust targets solicitors' PI market
Am Trust Europe is offering professional indemnity cover to solicitors firms of four to 10 partners for the first time after striking an exclusive deal with Howden Windsor.
PI Protect appoints Underwriting Manager
Barbican Group Holdings-owned Professional Indemnity Protect has appointed Denise Mercer as underwriting manager.
Brokers told to improve record-keeping to reduce professional indemnity claims
Brokers have been urged to improve the way they document advice to clients in light of increasing numbers of professional indemnity claims against them.
Brunel expands wholesale PI broking business
Brunel Professional Risks has expanded its wholesale professional indemnity insurance broking arm to handle rapidly growing demand from brokers across the UK.
Midwives professional indemnity: Communication breakdown with PI specialists leaves ball in coalition’s court
Government tasked to intervene as midwives’ insurance talks corrode
UK P&I club posts combined ratio of 104%
The UK P&I Club produced a surplus of $9.5m, for the year ended February 2013, increasing its free reserves and hybrid capital to a new high of $494m.
AGCS appoints technology risks underwriter
Allianz Global Corporate & Specialty has appointed James Tuplin as a technology risks underwriter within the financial lines team.
Insurers need to prepare for 3D printing revolution
3D printing is set to transform the insurance market as brokers and insurance firms grapple with new concerns around professional indemnity, product recall and product liability risks, according to a report by law firm Mayer Brown.
Broking Supplement: A simple plan
Keep the customer satisfied
Information needs drive better claims management, says DCS Global MD
The need for more sophisticated management information is putting claims management at the forefront on insurance business, according to Jon Sitwell, managing director of Asia Pacific at DCS Global.
Sterling teams with WR Berkley for on PI launch
Sterling Insurance Group is to enter into the professional indemnity market with the launch of new cover.