Professional indemnity (PI)
Griffiths & Armour joins Biba panel
Griffiths & Armour has joined the British Insurance Brokers’ Association’s professional indemnity insurance panel.
Solicitors urged to consider insurer ratings
Solicitors have been urged to check insurers' financial strength before acquiring professional indemnity cover following the demise of two unrated providers in recent years.
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.
Prime Professions deal “obvious fit” says Willis
Willis’ chairman of financial and executive risks has hailed the acquisition of professional indemnity broker Prime Professions.
Willis acquires Prime Professions
Willis has acquired professional indemnity insurance broker Prime Professions.
Aviva ceases to write SME PI as part of ‘tough action” on unprofitable lines
Aviva is ceasing to write professional indemnity insurance for SMEs as part of a bid to “take tough action on lines of business that are not delivering profitable returns”.
Italian insurers 'not interested' in professional indemnity cover
Italy’s new government should grasp the opportunity to 'revolutionise' the professional indemnity market, ensuring greater competition and increasing the availability of cover.
Independent midwives seek cover ahead of legislation
An organisation representing independent midwives is in discussions with a broker over plans to secure affordable professional indemnity insurance, ahead of the launch of new legislation.
Cyber Liability: Dangerous territory
As demonstrated by several Twitter-related defamation cases in 2012, unfiltered user-generated content means social media can be a libel minefield. How is the insurance industry responding to the ever-evolving risk?
AIG launches pan-European D&O cover
AIG has launched a European directors and officers’ policy which is says responds to important shifts in current risks to directors and officers, as well as evolving corporate governance demands.
Law Society warns unrated insurers are 'unknown quantity'
Solicitors have been warned to check the financial strength of an insurer and its ability to pay claims before purchasing their next professional indemnity insurance policy.
DWF merges with Fishburns
Business law firm DWF and professional indemnity practice Fishburns will merge on 1 February.
Growing SMEs: Room to manoeuvre
Small businesses are often subject to rapid change and growth, and it is essential that brokers and insurers understand how radically their risk profiles can evolve.
Skuld bosses to lead new superyacht insurance service
Marine insurer Skuld has formed Skuld\Yacht, a new service dedicated exclusively to the protection and indemnity needs of superyacht owners.
Professional lines pricing to rise 10% in 2013: Torus
Specialty insurer Torus has said a recent survey showed wide expectation of increases in professional liability pricing.
XL named as largest solicitors' PI provider
The Solicitors Regulation Authority has named XL as the largest player in the solicitors' professional indemnity insurance market.
Allianz CEO urges insurers to embrace Russian market
The rapid development of compulsory insurance in Russia provides a huge opportunity for foreign insurers, according to Hakan Danielsson, chief executive of IC Allianz Russia.
Aspen launches professional indemnity products
Aspen Risk Management has created a range of professional indemnity products to provide greater flexibility and choice.
Interview: Des Hudson - Fighting his corner
Six years as the chief executive of the Law Society has not quelled Des Hudson's battling instincts. He talks to Post about upcoming legal changes and his relationship with the insurance industry.
Top five European news stories
The top five news stories from www.insuranceinsight.com over the past seven days.
Competition keeps prices low for Italian PI
Italian legislation making professional indemnity insurance compulsory presents opportunities for insurers, but competition is keeping prices low, according to Davide Balloco, head of PI for Markel in Italy.
Bluefin relationship with ICAEW extended for three years
Bluefin Professions has secured an exclusive appointment to provide professional indemnity and office insurance to members of the Institute of Chartered Accountants in England and Wales for a further three years.
Post magazine - 18 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Solicitors PI market: What now for solicitor PI?
The much-maligned Assigned Risk Pool may be set to close in September 2013, but the solicitors’ professional indemnity market still faces issues as 'aggressive' new entrants target the market. What does its future hold?