Product roundup: This month’s launches follow the fashion

solicitor-at-desk

Among the range of current market talking points, both legal expenses and cyber risk have been well-catered for this month, judging by the new product entrants.

Elite Insurance said it had targeted £3m premium income with the launch of professional indemnity for solicitors. The move, according to the company, was in response to the Solicitors Regulation Authority clarifying membership and funding of the Assigned Risk Pool.

And Aspen Risk Management launched a variety of policies to help companies protect against the emerging risks relating to computers, data and cyber-crime. The provider said the products covered cyber terrorism and extortion, hacking

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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