Company said the product is also suitable for SMEs with turnover below £1.5m.
Provider’s announcement that it is exiting nine lines of business could have serious knock-on effects for the market, reports Sam Barrett
The move is part of a restructure which will see AmTrust’s former lead underwriter for PI, Russell Newell, move across to its PI MGA, Collegiate.
Brokers must prove their worth as industries face price hikes in professional indemnity insurance
Its MGA Maven Underwriters lost Lloyd’s support and Aon states it has found alternative cover for its clients using Maven.
Technical director Rob Smart warns of capacity issues in construction and urges brokers to get started early to avoid leaving companies without insurance.
Howden says current situation has put "incredible pressure" on the only compliant scheme available to customers.
Dinghy provides cover for freelance professionals and aims its products at the gig economy.
Less capacity to drive up rates as Loyd's syndicates cut back or pull out of PI.
Roger Flaxman finds lessons for brokers in a fascinating £100,000 case where a firm faced litigation for not using unrated insurers.
MUM CEO predicts broker will “thrive in a large organisation” as the MGA focuses on underwriting following the deal.
The firm will sit alongside Oxford Insurance Brokers and James Hampden International.
The five most read stories of the week include news about products, aggregators and Folgate, as well as a blog from Huw Evans and the UK Broker Awards 2018 shortlist.
New arrangement designed for two and three partner solicitor practices in England and Wales.
Group CEO Russell Lane says all parts of the group and its network of wholesale brokers now have full access to Lloyd's and bespoke solutions.
Cyber, GDPR, professional indemnity and legal expenses make up the top five downloads from Insurance Age’s sister site Insurance Hound.
Watchdog says plans supported on compensation limits and funding classes but respondents outlined concerns over proposed clampdown over how investment firms buy PI cover.
Charles Manchester targeting of £10m of GWP in the next 12 months.
Miles Smith publishes guide urging brokers to make sure their clients are covered for increasing liability levels.
Takeovers have once again come to the fore in this week’s news with two stories in the top five.
The broker urged brokers to re-examine their own PI cover as it responded to the FCA thematic review into insurance intermediaries’ professional indemnity.
Scheme was arranged by Biba member Direct Insurance London Market.
Policies target the media and creative industries.
Professional indemnity specialist grows branch network to four.