Dickson Manchester routes bulk of PI business via HCC

Dickson Manchester (DM) has admitted that up to 90% of the professional indemnity (PI) business it currently handles with brokers will now be placed with its new owner HCC - and that it could not rule out the same thing happening with its directors' and officers' (D&O) book.

Speaking after DM's recent merger with HCC's other Lloyd's intermediary Rattner Mackenzie, Mike Dickson, marketing director of wholesale broker DM, conceded: "Yes, there is an element of truth in this claim, and letters