Professional indemnity (PI)
Law Society invites members and stakeholders to consider ARP replacement
The Law Society has issued an invitation to its wider membership and other stakeholders to consider an alternative structure that might replace the Assigned Risk Pool.
XL Insurance makes senior underwriting appointment
XL Insurance has appointed Cristiana Báez-Safa as chief underwriting officer professional lines international.
Solicitors' PI shake-up plan divides the market
The Law Society has slammed plans to exclude financial institution claims from the compulsory minimum terms of professional indemnity insurance.
HCC names new PI underwriter
HCC International has appointed Pam Taylor as a professional indemnity underwriter in its Bristol-based office.
Interview - Sarah Lyons: What next for Giles?
Having joined the industry as a school leaver, Sarah Lyons is now group MD of Giles. She explains to Mairi MacDonald why growth, rather than exit plans, remains top of her agenda.
Aon joins the online SME scramble with MGA tie up
Aon has launched its first online quote-and-buy facility for the SME market after joining forces with managing general agent CFC Underwriting.
Postbox: Checking cover levels is essential
I would like to comment on the recent online report that the chairman of the Association of Law Costs Draftsmen is warning law firms against using uninsured legal costs advisers to draw up complex bills.
New FSA regime may boost D&O/PI take-up
The Financial Services Authority's tough enforcement stance could lead to an increase in demand for certain commercial insurance products, Reynolds Porter Chamberlain partner Jonathan Davies has claimed.
Comment - Part 36: All reward, no risk
A recent Court of Appeal case highlighted the issues of funding and cost recovery. Victoria Cargill reports on the outcome.
Brit appoints PI underwriter
Brit Insurance has named Mark Figes as class underwriter for its international professional indemnity division.
Legal update - professional negligence: A strong defence
The illegality principle may rear its head if a second dip of the recession takes hold and insolvency practitioners engage in civil claims. Tony Hill and Kate Thompson examine the issues professional negligence insurers face from this line of attack.
Midwifery scheme moves step closer
The Royal College of Midwives and the Nursing Midwifery Council have commissioned consultancy Flaxman Partners to produce a report on the provision of insurance for independent midwives.
Interview - Roger Brown: Adding value for members
Roger Brown is nearing his second full year as managing director of the ECIC. Mairi MacDonald talks to him about the changes instigated and challenges ahead.
Lloyd’s & London market – review of the year: Troubled times
A succession of natural catastrophes got 2010 off to a bad start and the market continued to struggle - but the resolution of Brit’s future and the prospect of consolidation could see the year end on a high. Mairi Macdonald reports.
Hiscox set to launch US direct PI offering
Hiscox is increasing its US presence with the launch of its first direct commercial insurance offering.
CBG wins three new clients
CBG Group, the insurance broker and financial services intermediary, has won three new clients in the corporate insurance sector.
ALCD warns insurers on legal cost advisers
The Association of Law Costs Draftsmen has warned insurers over law firms instructing unqualified cost advisers.
Amlin targets professional lines with key appointment
Amlin has appointed Lloyd Fielder as leading class underwriter within its new professional lines business.
Mortgage fraud - Regulation: Safe as houses?
Concern at the scale of professional negligence in the mortgage industry has prompted renewed focus on regulation. But will these efforts succeed in stamping out fraud, asks Jennifer Bates.
Transactional risks - Solutions: Coming of age
Companies with reinvigorated balance sheets are displaying renewed appetite for mergers and acquisitions. John McNally and Tim Allen detail how evolving transactional risk insurance solutions mean the market can meet their needs.
Legal review of the year: Less doing more
Consolidation among insurance law firms was the hot topic for 2010, as they try to meet insurers' demands. Veronica Cowan reports on an interesting year.
Broking review of the year: A breakdown in momentum
2010 was a fairly low key year for the broking market, as the sector kept a low profile during the financial turmoil. Daniel Dunkley reports on the opportunities that were taken up and deals made.
Fire risks - Counterfeit cabling: Getting crossed wires
As electrical contractors install ever-greater amounts of wiring into modern buildings, the rising incidence of dangerous counterfeit cabling should be of serious concern to insurers, builders and homeowners, says Roger Brown.
Solicitors PI firms in the firing line as SRA begins ARP audit
A number of solicitors' professional indemnity insurers may see their declared premiums uplifted amid concerns cover was under-reported to avoid exposure to the assigned risks pool.