Professional indemnity (PI)
Legal update - Property surveyors: Surveyors under siege
The aftermath of the credit crunch has seen lending institutions turn on property surveyors in an attempt to recoup losses. Duncan Greenwood explores the potential to turn the tables back.
Professional indemnity insurance brokers set to open Leeds office
Prime Risk Solutions has announced plans to open an office in Leeds as part of a bid to expand the business in the north of the country.
In-depth PI report finds no solution for midwives
A study into the provision of insurance for independent midwives has found there is no "foreseeable" insurance solution for the high risk they present to insurers.
KGM Motor CEO exits during restructure
Colin Hart, chief executive of Canopius-owned KGM Motor has left the group, amid a restructure that sees the formation of a new UK retail division.
Axa ready for referrals ‘hurt’ - Insurance News Now – 30 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the response of Axa personal lines boss Steve Hardy, on the insurer’s decision to stop accepting referral fess from personal injury lawyers.
Professional indemnity Q&A in association with Zurich
With the solicitors' professional indemnity renewal date approaching, Jenny Screech, legal professions manager at Zurich, discusses the current PI climate with John Malpas, the editor-in-chief of Post's sister title Legal Week.
Solicitors' professional indemnity: Turning off the life support
Potential sweeping changes to the solicitors' professional indemnity market could see the controversial assigned risks pool scrapped. Jakki May investigates the effect on qualifying insurers hoping to turn a profit.
Dual appoints Manchester underwriter
Dual Corporate Risks has appointed Christopher Blake as a professional indemnity underwriter in the company’s national business unit.
Elite rules out solicitors' PI move
Legal expenses provider Elite Insurance Company has ruled out entering the solicitors’ professional indemnity insurance market due to the rules governing the assigned risk pool.
Exclusive professional indemnity and collective redress content now available on Post Europe
Post Europe’s weekly update is now live with an article on how the professional indemnity market in Europe is in line for growth and a View from the Top on why the European Commission needs to reconsider it push for a system of collective redress for…
Post Europe: Professional indemnity – the growth market
Professional indemnity was worth almost €6bn across Europe in 2010 and with changes to Italian legislation and increasing negligence claims Alan Leach explains how this market is sure to expand.
Exclusive professional indemnity and collective redress content
Insurance Insight’s weekly update is now live with an article on how the professional indemnity market in Europe is in line for growth and a View from the Top on why the European Commission needs to reconsider it push for a system of collective redress…
View from the Top: No need for European consumer collective redress
The European Commission is continuing to push for a system of collective redress for consumers that would allow a type of class action litigation.
Professional indemnity – the growth market
Professional indemnity was worth almost €6bn across Europe in 2010 and with changes to Italian legislation and increasing negligence claims Alan Leach explains how this market is sure to expand.
Kennedys opens ninth international office
Dispute resolution law firm Kennedys has created an Irish operation through a merger with Dublin firm O'Hare O'Connor Walshe.
PI specialists offer claims handling
Professional Indemnity specialist Beale and Company Solicitors LLP has appointed Simon Wright to head up their new claims handling department, which will provide claims handling solutions to professional indemnity insurers.
Kennedys creates Irish operation with merger
International litigation and dispute resolution firm, Kennedys has opened its ninth international office in Dublin.
CSR news: Brunel hits zero-carbon goal in green campaign
Brunel Professional Risks has upped its environmental credentials by achieving zero-carbon status, and claims to be the first specialist professional indemnity broker verified by clean planet trust Pure to have done so.
Insurers rail against solicitors' PI burden
The insurance market should not bear the burden of "regulating the solicitors' profession" due to insufficient regulatory intervention, the Association of British Insurers has warned.
Fish eyes boutique growth after ex-Lockton partner hire
Private equity-backed broker Fish Insurance is set to make a play for boutique commercial insurance, following the hire of a former Lockton partner to spearhead a new division.
Simia run-off will have 'little effect'
The Solicitors Regulatory Authority has downplayed the effect of the Solicitors' Indemnity Mutual Insurance Association's decision to go into run-off.
Biba 2011: Biba renews professional indemnity accredited broker panel
The British Insurance Brokers' Association has renewed its professional indemnity accredited broker panel. Biba's three accredited brokers — Lockton Companies, Howden Insurance Brokers and Towergate Professional Indemnity — will continue to provide cover…
European PI insurance GWP could top €7bn
The professional indemnity insurance market across Europe could be worth up to €7bn (£6.1bn) by 2014, new research has revealed.
Solicitors’ Indemnity Mutual Insurance Association goes into run-off
SIMIA, the mutual insurance company for professional indemnity insurance above £1m to firms of solicitors based in England and Wales, has confirmed it is to cease taking on new business.