Professional indemnity (PI)
How to… plan for broker PI cover
▶ Prior to regulation by the Financial Services Authority (FSA) when professional indemnity (PI) cover became compulsory for general insurance brokers, very few firms purchased the cover. It could be argued that this is because at that time the industry,…
Ombudsman's increased award limit will impact regulated firms
A professional indemnity expert has challenged the Financial Services Authority’s (FSA) claim that the Ombudsman’s increased award limit would not impact regulated firms.
Biba 2011: Catlin targets UK brokers with 'Select' and 'Online'
Catlin has today unveiled a brand new suite of products aimed specifically at UK brokers.
Biba 2011: Trade body renews PI deal and teams up with Jelf
The British Insurance Brokers' Association has renewed its professional indemnity accredited broker panel, and launched a new private medical insurance offering.
Polly C – the hottest insurance gossip
Polly’s attention has been drawn to a tricky situation facing brokers and their insurer accounts.
Products: Allianz and PolicyBee take PI to the regions
Professional indemnity (PI) has taken to the regions as Allianz Commercial rolls out its offering beyond the London market and a PI broker launches in Suffolk.
Howden snaps up professional indemnity specialist, PYV
Hyperion’s broking subsidiary, Howden Broking Group, has acquired the core broking activity of professional indemnity specialists, PYV.
Allianz unveils PI team ahead of product launch
Allianz Commercial has established a new Professional Indemnity (PI) underwriting team in preparation for the launch of a new product later this month.
Products: RSA adds final piece to its SME jigsaw as the market hots up
A flurry of activity in the SME sector suggests an increase in competition as providers vie for market share.
Products/schemes: MFL scheme eases PI struggle for surveryors
McParland Finn (MFL) has launched a professional indemnity (PI) insurance scheme for Central Association of Agricultural Valuers (CAAV) member practices.
Market moves: Recruitment drive shows positive outlook
The actions of the insurance industry seem to indicate it is refreshingly optimistic about the prospects for UK plc. Despite the phrase 'double-dip' re-entering the popular consciousness, insurance has stormed ahead with determination to grow its way to…
Product review: Media cover
This product has been reviewed by brokers and rated from one to five, based on the policy’s key benefits.
Prime Professions hits back
Prime Professions has rejected claims it is struggling financially and had been in discussions with Aon about a takeover late last year.
Product review: A comprehensive package for letting agents
This product has been reviewed by brokers and rated from one to five based on the policy’s key benefits.
Ex-Giles duo join forces to launch Amicus
Two former Giles employees have launched a new brokerage, Amicus Insurance Solutions, with the aim of hitting £1m commission by the end of 2013.
Moorhouse online arm set to write £50m GWP
Welsh broker Moorhouse's online commercial arm Constructaquote is aiming to write £50m of gross written premium (GWP) by the end of 2013.
Start-up brokers: New Year, new start-up?
What's on your New Year's resolutions for 2011? Get fit, give up the fags, start a new broking business? Malcolm Lee sets out what you need to consider to be a successful start-up broker.
Product review: Specialist social welfare covers for all
This product has been reviewed by brokers and rated from one to five based on the policy's key benefits.
Solicitor watchdog's PI plans will create an 'uneven playing field'
A new proposal from the Solicitors' Regulation Authority (SRA) to shake up the rules around professional indemnity (PI) requirements could create an "uneven playing field" within the insurance broking community, experts have warned.
Video: Surviving the construction PI market in a recession
As the UK’s construction sector struggles to come to grips with the current recession, attention within the insurance industry has focused upon the professional indemnity (PI) exposures associated with construction and particular emphasis has been placed…
Product review: Optima PI for non-traditional trades
This product has been reviwed by brokers and rated from one to five based on the policy's key benefits.
Schemes news: Markel launches D&O hat trick
Markel International has broadened its appetite in the directors' and officers' (D&O) market with the introduction of three new products.
The PB Interview - Laurent Matras: Through the storm
Laurent Matras, managing director at Groupama Insurances, tells Andrew Tjaardstra about the state of the insurance market and how he is working closely with brokers to give his firm a competitive advantage.
The PB Interview - Nigel Barton: Boutique beat
Emmanuel Kenning speaks with a DJ'ing broker who mixes passion with honesty in his search for talent.