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Insurers facing rise in PI claims

With the commercial and residential property sectors under increasing pressure, professional indemnity (PI) insurers are bracing themselves for a significant rise in claims according to professional liability risk consultants, Flaxman Partners.

Online motor insurance premiums take a dip

Online comprehensive motor insurance premiums dipped slightly during the last quarter of 2007, the first quarter to see a fall in the average price since 2005, according the latest Motor Insurance Benchmark from Experian.

Liberty acquires Vision Underwriting

Liberty International Underwriters (LIU), has acquired Vision Underwriting, a Cheltenham-based specialist in professional indemnity, employers, legal expenses, public and products liability and directors and officers covers.

Winning the war on price

Allianz Insurance has confirmed that it is intending to put up commercial rates in 2008, and Royal & SunAlliance has dramatically increased its personal lines revenues, but does this activity indicate the start of a rates revival?

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