Professional indemnity (PI)
PI Protect appoints Underwriting Manager
Barbican Group Holdings-owned Professional Indemnity Protect has appointed Denise Mercer as underwriting manager.
Brokers told to improve record-keeping to reduce professional indemnity claims
Brokers have been urged to improve the way they document advice to clients in light of increasing numbers of professional indemnity claims against them.
Brunel expands wholesale PI broking business
Brunel Professional Risks has expanded its wholesale professional indemnity insurance broking arm to handle rapidly growing demand from brokers across the UK.
Midwives professional indemnity: Communication breakdown with PI specialists leaves ball in coalition’s court
Government tasked to intervene as midwives’ insurance talks corrode
UK P&I club posts combined ratio of 104%
The UK P&I Club produced a surplus of $9.5m, for the year ended February 2013, increasing its free reserves and hybrid capital to a new high of $494m.
AGCS appoints technology risks underwriter
Allianz Global Corporate & Specialty has appointed James Tuplin as a technology risks underwriter within the financial lines team.
Insurers need to prepare for 3D printing revolution
3D printing is set to transform the insurance market as brokers and insurance firms grapple with new concerns around professional indemnity, product recall and product liability risks, according to a report by law firm Mayer Brown.
Broking Supplement: A simple plan
Keep the customer satisfied
Information needs drive better claims management, says DCS Global MD
The need for more sophisticated management information is putting claims management at the forefront on insurance business, according to Jon Sitwell, managing director of Asia Pacific at DCS Global.
Sterling teams with WR Berkley for on PI launch
Sterling Insurance Group is to enter into the professional indemnity market with the launch of new cover.
London P&I club warns of negative findings
The London P&I Club has warned that reports generated during the club's ship inspection programme show an increase in negative findings in relation to enclosed space entry on board ships.
JLT: Balva-insured solicitors must act now
JLT Specialty has urged solicitors that are insured by Latvian insurer Balva to take action now, warning firms that wait until October to switch insurer are likely to face higher insurance premiums.
Survey shows execs unclear on D&O risks
Regulatory investigations and enquiries, criminal penalties, and anti-corruption legislation, are among the top concerns for directors and officers, according to a new survey by broker Willis.
Affinity Partnerships: Finding the perfect fit
To achieve success in the affinity market, insurers must be careful to foster mutually beneficial relationships with the right partners and ensure they select relevant products
DAC Beachcroft acquires PI team in Newport
DAC Beachcroft has acquired a professional indemnity team in south Wales, led by partner Clare Hughes-Williams.
Editor's comment: Border control
As a UK passport holder I am welcome to roam Europe at will and take in the sights, scenes and delights.
Balva’s UK ban raises questions over SRA list of qualifying PI insurers
A move by the Latvian regulator to suspend the passporting rights of Riga-based insurer Balva has reignited broker concerns about the presence of unrated insurance companies operating in the UK market.
All Balva licences suspended following "deficiencies"
Latvia‘s Financial and Capital Market Commission has temporarily suspended all licences issued to AAS Balva.
Gallagher criticises SRA over Balva
Gallagher London has described the ban on Latvian insurer Balva underwriting new business in the UK as "another embarrassment for the Solicitors Regulation Authority" due to the insurer's inclusion on the body's approved list of qualifying professional…
SRA reassures firms using Balva Insurance
The Solicitors Regulation Authority has reassured firms using Balva Insurance for its professional indemnity following a regulatory ban on the firm to underwrite policies in the UK.
Balva banned from writing UK business
The Solicitors Regulation Authority is writing to legal firms holding professional indemnity policies with Latvian insurer Balva after it was barred from writing new business in the UK.
Griffiths & Armour joins Biba panel
Griffiths & Armour has joined the British Insurance Brokers’ Association’s professional indemnity insurance panel.
Solicitors urged to consider insurer ratings
Solicitors have been urged to check insurers' financial strength before acquiring professional indemnity cover following the demise of two unrated providers in recent years.
View from the Top: Crucial differences
Technology firms that fail to grasp the differences between PI and E&O insurance put themselves at risk, says David Legassick.