Professional indemnity (PI)
Brokers confident they have professional indemnity gap covered
Many small website providers remain unaware of professional risks.
Kennedys’ grows PI team in Birmingham
Kennedys has made three new hires for its professional indemnity specialists based in Birmingham.
Post magazine – 11 September 2013
This week's issue of Post is now available to subscribers.
Solicitors face premium hike following Berliner exit
Firms forced to shop around following Berliner’s exit from the solicitors' professional indemnity market could face significantly higher premiums for replacement cover, according to Marsh.
Proposals to block broker deals with unrated insurers snubbed by the market
Reid told onus is on brokers to ensure passporting firms are 'financially sound'
Berliner exit leaves solicitors in the lurch
Solicitors seeking professional indemnity cover have been dealt another blow after German insurer Berliner warned it may be unable to take on any risks for the 1 October renewal.
Fears unrated carriers will win out as Law Society cover fails to deliver
Brokers have criticised the Law Society’s direct solicitors’ professional indemnity offering for failing to help specialist firms, with some concerned that more than 1000 legal practices could be forced to access unrated markets.
SME: On board the enterprise
The SME space is a key battleground for the future of the industry. But if SMEs can do business direct online, where does that leave brokers? By Mark Sands
Biba hits back at "ill-informed" Law Society PI comments
The British Insurance Brokers' Association today described the Law Society's recent comments on solicitors professional indemnity cover as ‘ill-informed’ and ‘self-promoting’.
XL appoints head of global professional business
XL has appointed Louise Dennerstahl, former head of the Nordics for Zurich, as head of its international professional insurance business.
Law Society slams brokers as it launches direct solicitor’s PI service
The Law Society today launched its long anticipated joint venture with broker Miller to provide professional indemnity cover for small solicitor firms.
Brokers fear Law Society MGA could prove too late for solicitors
The Law Society must launch its professional indemnity managing general agency soon or risk being too late to help solicitors ahead of this year’s October renewals, market insiders have warned.
Lockton unveils solicitor site ahead of PI renewals
Lockton has launched a specially designed website for solicitors to provide guidance and support on insurance.
Ex-Aviva PI team members launch MGA
Members of the former Aviva SME professional indemnity underwriting team today launched Pinpoint Underwriting, an MGA specialising in PI for small to medium sized businesses.
PostCast - Issue 2 - 15/22 August
The team discuss the news, features and interviews from the 15/22 August edition of Post Magazine. Hosted by Post editor Stephanie Denton.
Aon and QBE extend solicitors' PI reach following XL market cutback
Aon Risk Solutions has extended its exclusive arrangement with QBE Europe for solicitors’ professional indemnity to include one to three partner firms.
Aspen appoints Richard Smart as underwriter
Aspen International Insurance has appointed Richard Smart as professional liability underwriter, based in London.
Market fears unrated insurers could take advantage as XL cuts solicitors’ PI book
XL’s withdrawal from the solicitors’ professional indemnity market for smaller firms has sparked fears that some companies could be pushed further into the arms of unrated carriers.
XL set to slash solicitors' PI market share
XL has confirmed it will “significantly reduce” its market share in the solicitors' professional indemnity market in the upcoming renewal season.
QBE appoints Quinn to lead professional and financial practice
QBE has appointed Simon Quinn as underwriting manager for its professional and financial Lines national practice.
Mitsui Sumitomo expands senior underwriting team
Mitsui Sumitomo at Lloyd’s has added two experienced underwriters to Syndicate 3210 as part of a plan to diversify its products and distribution and capitalise on international opportunities.
Fund managers PI queries set to rise
Insurers can expect an increasing number of professional indemnity queries from new and existing fund manager clients and their brokers as the cover becomes a regulatory requirement, CMS Cameron McKenna has warned.
Interview: David Walsh: The artist
After 14 years building CFC Underwriting from a dotcom start-up to a successful MGA, founder and managing director David Walsh now sees the global market as his canvas.
Midwives target government funding as captive solution given green light
Independent midwives have been given the green light to set their own adequacy for a captive insurance solution, ahead of mandatory legislation meaning they must have professional indemnity cover to practice.