Professional indemnity (PI)
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.
Ex-HSBC PI team leaves Marsh
Marsh has transferred part of the professional indemnity portfolio it took over as part of its acquisition of HSBC Insurance Brokers to RK Harrison Insurance Services.
Axa raids Hiscox and Beazley for financial lines push
Axa Insurance has made a number of specialist appointments to underpin its growth plans in the SME sector and its ambitions in the mid-corporate market.
Angel purchase to give Catlin SME boost
Catlin has signalled its intent to increase its regional small to medium-sized enterprise footprint following the acquisition of Colchester-based managing general agent Angel Underwriting.
Amlin takes 25% stake in new Charles Manchester MGA
Charles Manchester, former CEO of Dickson Manchester and HCC International, has teamed up with Michael Cant, previously director at Saturn Professional Risks, to form a new MGA called Manchester Underwriting Management.
FSA playing hard ball over Quinn's UK return
The Financial Services Authority is reported to be playing hard ball over Quinn's re-entry into the UK insurance market.
MGA chief scoffs at PI 'lemmings'
Lloyd's insurer Amlin has backed a new underwriting agency which has been set up by the former chief executive of HCC International, Charles Manchester.
Catlin swoops for Angel business
Catlin has acquired the professional indemnity and directors’ & officers’ liability book of business underwritten by Angel Underwriting.
SRA clarifies its position on Quinn
The Solicitors Regulation Authority has advised UK-based solicitors with professional indemnity cover underwritten by Quinn Insurance against immediately seeking replacement insurance following the Irish High Court’s decision to appoint full-time…
Law Society advises Quinn policyholders against undue haste
The Law Society has advised solicitors of scaremongering surrounding Quinn Insurance and urged policyholders to await further developments and guidance before taking any action.
Quinn UK reopening moves a step closer
Quinn’s decision to back down on its opposition to the Financial Regulator’s appointment of administrators Grant Thornton to Quinn Insurance may help pave the way for the reopening of its UK business.
Elite launches new insurance products
Elite Insurance has launched three new insurance products, decennial, gap and accident, sickness and unemployment, in the hope of boosting its potential revenue streams by up to £20m over the next two to three years from £30m.
Biba clarifies members' position over limitation of liability
The British Insurance Brokers’ Association has launched a new publication to provide clarification to brokers on the issue of limitation of liability when advising clients.
Torus enters UK financial lines with new underwriting agency
Torus UK has entered into the financial lines marketplace in London through a newly formed underwriting agency Torus Executive Risks.
Editor's comment: Can the gap be filled?
A week on and the dust has yet to settle around the future of Quinn Insurance, both in the UK and Ireland.
Torus enters financial lines
Torus UK has entered the financial lines marketplace in London through underwriting agency Torus Executive Risks.
Zurich revisits action plan as Quinn faces 12 April D-day
Zurich has outlined its appetite to renew business currently held by Quinn Insurance's UK arm, by offering brokers and customers a 90-day hold covered facility.
Beachcroft acquires insurance law firm
Beachcroft is joining forces with niche insurance practice, William Holden Cooklin Gibbons.
Market awaits Law Society verdict on Quinn
Lockton has warned that thousands of UK law firms could be impacted if the Law Society de-lists Quinn Insurance as an approved insurer after the company fell into the hands of administrators on Tuesday.