Professional indemnity rates set to harden


Rates are set to harden in the professional indemnity (PI) market, according to Manchester Underwriting Management chief executive officer Charles Manchester.

He said the reason for the increasing rates was that many of the Lloyd’s syndicates that traditionally have been writing PI business are cutting back or completely pulling out of this area of the market.

“Lloyd’s mandated this summer that there are some classes of business that are on their list of business lines that are losing them

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: