Professional indemnity (PI)
Catlin to join solicitors' PI market exodus
Bermuda-based insurer Catlin has become the latest player to withdraw from the troubled solicitors' professional indemnity insurance market.
Hiscox withdraws from "flawed" solicitors' indemnity market
Hiscox is to withdraw from the solicitors’ professional indemnity market.
RICS chooses Howden
The Royal Institution of Chartered Surveyors has appointed specialist Lloyd's broker Howden as its preferred UK professional indemnity broker.
Environmental liability: Grasping the impact
Despite it providing the potential for conflict, Mike Marston asks why brokers have failed to fully understand the implications of the Environmental Damage (Prevention and Remediation) Regulations 2009.
PI law changes offer opportunities for brokers claims expert
New laws making professional indemnity insurance obligatory for a wide range of professions, are leading to increased distribution opportunities for brokers.
RICS appoints Howden as its preferred PI broker
The Royal Institution of Chartered Surveyors has appointed specialist Lloyd’s broker, Howden, as its preferred UK professional indemnity broker. This is the first time that the RICS has appointed a preferred broker for this type of insurance.
QLP and DAC join forces
Insurance broker QLP and law firm Davies Arnold Cooper have joined forces to launch a risk management tool aimed at helping law firms reduce their exposure to professional indemnity insurance price and provision volatility.
DoH to meet with industry over insurance for independent midwives
The Department of Health is set to meet with industry figures next week to discuss the provision of insurance for independent midwives, Post has learnt.
Post in print - 10 June 2010
Post reporter Amy Ellis outlines this week's major news stories from Post including: government move over midwives; brokers unite for covenant code; Cooper Gay IPO; Money Supermarket fraud action; and Hyperion flotation insight.
QLP launches risk management tool
Insurance broker QLP and law firm Davies Arnold Cooper have joined forces to launch a risk management tool aimed at helping law firms reduce their exposure to professional indemnity insurance price and provision volatility.
QBE offers E&O in Canada
QBE has been granted service company status by Lloyd’s to provide errors and omissions insurance to SME's in Canada.
Marsh raids Willis for insolvency team
Marsh has launched a dedicated practice to provide risk and insurance advice to UK insolvency practitioners after appointing six employees from rival broker Willis.
Torus launches professional lines cover in Europe
Speciality insurer Torus has launched a new professional lines offering in France and Germany.
Chubb confirms £41.5m Lloyd’s syndicate
Chubb has confirmed it has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882.
Professional indemnity - design rules: The load of codes
With 10 new Eurocodes replacing long-established design codes for the construction industry, Martyn Francklow questions the quick changeover period and analyses their potential to generate professional indemnity claims.
Law report: Decision in Land of Leather allergy case favourable to insurers
Horwood and others v Land of Leather (in administration), Zurich Insurance and others (Queen's Bench Division — 18 March 2010)
Insurance buyers - Mactavish report: There may be trouble ahead
The recent Mactavish report had some severe criticisms for the commercial insurance sector. Sam Barrett reports on the warnings it contained.
Groupama launches online PI offering
Groupama will target business from the major professional indemnity insurers after launching its first standalone PI product aimed at small to medium-sized enterprise businesses.
Dual seals capacity deal with Am Trust
Dual Corporate Risk is to begin underwriting professional indemnity cover for Lloyd's brokers after it secured £5m liability capacity from IGI Insurance Company.
Dual to offer PII to Lloyd's brokers
Specialist professional indemnity underwriting agency, Dual Corporate Risks, has secured new capacity for underwriting broker’s professional indemnity cover.
Quinn administrator pulls plug on UK PI business
Quinn Insurance will not reopen its professional indemnity business in the UK despite the likelihood it will recommence underwriting other commercial lines.
Curtain falls on Quinn PI book
Quinn Insurance will not reopen its professional indemnity business in the UK despite the likelihood it will recommence underwriting other commercial lines.
Chaucer raids Brit for PI underwriter
Chaucer Syndicates has appointed Ian Noble as professional indemnity class underwriter for Chaucer Syndicate 1084.
Prime Professions to replace Quinn on solicitors account
Prime Professions is poised to replace Quinn with another insurer for its UK solicitors account, with Zurich and Travelers as frontrunners, Post has learnt.