Professional indemnity (PI)
Solicitors' PI heading for crisis in capacity
The solicitors' professional indemnity market could face a capacity crisis following controversial plans to retain the assigned risks pool until 2013, the insurance industry has warned.
Allianz rules out Part VII transfer
Allianz has ruled out following Aviva and Royal Bank of Scotland Insurance in applying to the High Court for a Part VII transfer under the Financial Services and Markets Act.
Allianz unveils new PI product
Allianz Commercial has launched a professional indemnity product for distribution within UK broker market.
Chartis responds to SRA decision to scrap the ARP in 2013
Insurer Chartis has responded to the Solicitors Regulation Authority’s decision to replace the Assigned Risks Pool in 2013 with a system where insurers offer a three-month extended policy period to firms who cannot obtain professional indemnity insurance…
Insurers facing £38.6m ARP cash call
Solicitor’s professional indemnity qualifying insurers will have to pay £38.6m to fund the assigned risks pool this year.
Law Society supports SRA PI plans
The Law Society has backed plans by the Solicitors Regulatory Authority to scrap the Assigned Risks Pool in October 2013.
ABI: Solicitors PI revamp a “missed opportunity”
The Association of British Insurers has criticised the Solicitors Regulation Authority’s plans to overhaul the assigned risks pool.
SRA announces plans to scrap ARP
The Solicitors Regulation Authority will abandon the Assigned Risks Pool from October 2013.
Allianz creates PI underwriting team
Allianz commercial has established a new professional indemnity underwriting team in preparation for the launch of a new product later this month.
New online PI broker launches in Ipswich
A new online professional indemnity insurance broker has launched in Ipswich.
Interview - Michael Walter & Edward Maddison: Engaging the next generation
Lynn Rouse talks to ASL's Michael Walter and Edward Maddison about expanding horizons, operational expertise and engaging the firm's next generation.
Dual expands PI offering
Dual Corporate Risks has launched a product for computer consultants and contractors combining professional indemnity and products liability.
Stackhouse Poland buy pushes GWP to £50m
Independent broker Stackhouse Poland has pushed its gross written premium to more than £50m with the acquisition of Essex-based Allison & Partners.
Post magazine – 31 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Industry applauds government green light on legal cost reform - Insurance News Now - 31 March 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the industry's response to Ken Clarke's announcement that success fee recoverability in no win, no fee cases is to end.
Stackhouse Poland breaks through £50m GWP barrier with Plexstar acquisition
Broker Stackhouse Poland has acquired specialist professional indemnity broker Plexstar Insurance Services.
Political focus - big society: what's the big idea?
The voluntary sector is one set for growth, as the government pushes its Big Society theme. Edward Murray looks at what impact this is having on insurance and how the sector is provided for.
No-fault forum shopping fears calmed by lawyers
Insurance lawyers have played down fears that proposals to introduce a no-fault system for clinical negligence claims in Scotland could result in forum shopping.
Risk report attacks industry failures
The insurance industry's failure to make significant changes to the "deficient" commercial lines sector has been "wholly unacceptable", according to research firm Mactavish.
ASL expands professional liabilities team
Specialist loss adjuster ASL has recruited three solicitors to its professional liabilities practice.
Allianz global corporate appoints regional head
Allianz Global Corporate & Specialty (AGCS) London has confirmed Gary Everson as regional head of financial lines.
Allianz global corporate appoints regional head
Allianz Global Corporate & Specialty (AGCS) London has confirmed Gary Everson as regional head of financial lines.
Professional lines boss departs Aspen
Aspen has parted company with head of professional lines Nick Evans, Post Online understands.
Professional indemnity - legal services shake up: a plethora of problems for solcitors?
With the legal services industry set for a structural shake-up, Mike Willis and Lindsay Bowskill consider the impact on its insurers.