Professional indemnity (PI)
Marsh adds to solicitors’ PI team
Marsh has appointed John Kunzler to lead its UK regulated professions practice for England and Wales and promoted William Cooper to head of its England and Wales solicitors’ professional indemnity team.
Marsh issues solicitors' PI cover warning
Marsh has urged law firms to carefully consider their length of professional indemnity policies during the October renewal with a future influx of market entrants likely to drive down rates.
Pinsent Masons partner joins Plexus Law
A partner at Pinsent Masons has left the firm after 20 years to join the professional indemnity team of insurance law specialist Plexus Law.
Cooper Gay appoints new divisional director
Lloyd's broker Cooper Gay & Co has appointed Mike Fraser, pictured, as divisional director of the professional risks claims team.
Two-year solicitors' PI cover designed to ease ARP fears
Indemnity Risk Solutions is offering solicitors professional indemnity insurance policies that last two indemnity periods, as opposed to the one-year policies or two-year deals with numerous caveats available elsewhere in the market.
SRA to introduce rating disclosure change
The Solicitors Regulation Authority has agreed to a 'minor change' to the Qualifying Insurer's Agreement whereby insurers will have to disclose their credit ratings.
APC launches professional indemnity offering
Commercial insurance underwriting agency APC has moved into the professional indemnity market, launching its first product to protect mortgage and finance intermediaries.
JLT and Aviva team up on professional indemnity service
JLT Specialty has launched a two to three partner professional indemnity insurance service through an exclusive new arrangement with Aviva.
Markel appoints PI underwriter from Brit
Markel International has appointed Les Telford as a senior underwriter for UK and international professional indemnity in the firm's professional liability division.
Solicitors targeted following Prime Professions product launch
Prime Professions has teamed up with Axis Specialty to launch a new insurance product for solicitors.
Hiscox replaced as Collegiate agrees PI underwriting facility with Canopius
Collegiate Underwriting has launched a new professional indemnity underwriting facility with Canopius, through its flagship Syndicate 4444, replacing a previous arrangement with Hiscox.
JLT and Am Trust Europe join forces to offer PI service
Broker JLT has launched a professional indemnity insurance service for sole practitioners through an exclusive relationship with insurer Am Trust Europe.
Aon provides PI to Law Society
The Law Society has appointed Aon to provide professional indemnity insurance to legal practices with the society's conveyancing quality scheme or Lexcel quality marks.
Solicitors PI market urged to remain 'on alert' despite dip in claims
A fall in the number of professional negligence actions launched against solicitors has been heralded as "welcome news" for law firms and their insurers, but experts have warned the market to remain vigilant.
Markel appointments aim to strengthen Italian PI team
Specialist underwriter Markel International has made two appointments in its Italian professional liability team.
Legal Update: Migrant Workers - Claims farming
The harvest season in the UK inevitably means a rise in migrant workers in the agricultural sector. The need to navigate questions of ethics, potential conflicts of interest and policy breaches means insurers must scrutinise related claims carefully
RICS proposes changes to PI contracts for surveyors
The Royal Institution of Chartered Surveyors has proposed changes to professional indemnity insurance arrangements for surveyors who carry out valuations.
Law Society takes first step towards PII common proposal form
The Law Society said it is seeking industry-wide support from brokers and insurers to use its professional indemnity insurance composite proposal form in the first step in its drive towards a common proposal regime.
Willis appoints Asia FINEX head
Willis has appointed Tony Mitchell as regional head of the firm's financial, executive risk and professional liability business in Asia-Pacific, in response to the increasing exposures faced by executives of companies expanding globally.
View from the top: German PI market open for growth
Germany's nascent professional indemnity market still lags behind those of its European peers, but it has considerable growth potential, as Frederik Wulff explains.
O’Donnell replaces Robinson as Ace financial lines head
Timothy O'Donnell has been appointed executive vice president of financial lines for Ace's international insurance operations.
Italian broker Golinucci launches PI aggregator site
Italian broker Golinucci Assicurazioni has launched an online comparison site for professional indemnity insurance for the Italian market.
MUM enters international market
Broker-only managing general agent Manchester Underwriting Management is entering the international market.
BIBA 2012: QBE launches e-trading PI product
QBE has added a professional indemnity combined product to its Fast Flow e-trading platform.