Professional indemnity (PI)
SRA to audit PI insurers
The Solicitors Regulation Authority has revealed that it will audit qualifying solicitor’s professional indemnity insurers.
Jelf seals affinity deal
Jelf has entered an affinity partnership with the Institution of Mechanical Engineers.
Chartis revealed as largest solicitors' PI insurer at 2010 renewals
The Solicitors Regulation Authority has today confirmed that the total premium pool for the solicitor's professional indemnity market this year was £213.6m.
ABI backs call to remove single renewal date for solicitors' PI
The Association of British Insurers has welcomed today’s publication of an independent report on the need for changes to the solicitors’ professional indemnity insurance market.
Lockton adds former Chartis manager to PI team
Stuart Dugdill joins Lockton’s Manchester office on 1 November.
Interview - Andrew Mckee: Planning for the next stage
Having taken over at Lloyd's insurer Mitsui, Andrew McKee talks to Jonathan Swift about his plans to move the company on, a decade after it launched.
Hiscox offers charities cover
Hiscox has launched a combined charities insurance product designed to take advantage of what it describes as a "gap in the market."
Torus boosts Swiss professional lines team
Torus has appointed Michael Kuprianczyk as a professional lines senior underwriter based in Zurich.
Brit promotes Jonathan Mudd
Mr Mudd, North American professional indemnity underwriter in its global markets business, has been promoted to class underwriter and takes up this new role with immediate effect.
Post Intelligence Benchmarking - Commercial Insurers: Waving - or drowning?
Insurance 360's groundbreaking survey of commercial insurers' performance reveals which ones have got their acts together and which ones need to raise their game. Peter Joy reports.
Legal Ombudsman: Open for business
As the Legal Ombudsman replaces the Legal Complaints Service, Michelle Garlick looks at the differences between the schemes.
Law report: Dismissed appeal aids solicitors acting on behalf of insurers
This law report has been contributed by national law firm Berrymans Lace Mawer.
Aon applauds solicitors' renewal rate
Aon received nearly four times the number of professional indemnity proposals from solicitors at the beginning of August than the same time last year.
Law firms continue to trade without PI insurance claims broker
A significant number of law firms closed their doors ahead of the 1 October professional indemnity insurance renewal deadline rather than face the high cost of premiums, according to a legal expert.
Professionalism indemnity - Estate agents & surveyors: Free agents
Estate agents seem to be enjoying a stable professional indemnity environment, despite the housing market crisis. Jane Bernstein explains why.
Canopius announces changes to PI strategy
Canopius Group has announced it is to focus its professional indemnity underwriting strategy on smaller UK organisations.
Solicitors' PI numbers stable
The number of law firms without solicitors' professional indemnity cover has remained stable due to competition among qualifying insurers, XL Insurance has claimed.
Environmental liability - under-insurance: Clean up your act
Environmental insurance is regularly purchased by companies looking to cover historical liabilities rather than their day-to-day operational risks. Tony Lennon examines the reasons behind this decision.
Health reforms must not leave indemnity gap, MDU says
The Medical Defence Union has stressed that GPs will need to ensure they are “adequately and appropriately” indemnified for the changes arising from the extension of commissioning proposed by a recent white paper.
SRA reports ARP applications slightly down on solicitors' PI renewal day
Some 409 firms applied to enter the assigned risks pool on 1 October, the deadline for professional indemnity insurance renewal, according to figures released by the Solicitors Regulation Authority.
RSA warns small businesses over insufficient cover
RSA has fired a warning to small businesses about the key areas of insurance cover.
AM Best commentary: Keeping the balls in the air
While hardly a vintage year for the general insurance sector, 2009 did see an overall improvement due to investment earnings - but, says Catherine Thomas this year is unlikely to match up.
Law Society launches PI support scheme
The Law Society has unveiled a new facility to help law firms which are struggling to renew their professional indemnity insurance.
Legal: Deafening whispers
Potentially massive claims related to financial products and major economic events such as the Madoff case and the collapse of Lehman Brothers indicate that reinsurance should brace itself for an upturn in disputes, writes Michael Lum