Professional indemnity (PI)
Clear buys One Commercial Specialty from Bspoke
Clear Group has continued its push into the managing general agents sector buying One Commercial Specialty from Bspoke.
MGA Inperio launches new PI product for surveyors
Managing general agent Inperio has launched a new product for surveyors, Insurance Age can reveal.
Clear Group strikes first MGA deal
The Clear Group has acquired a 50% shareholding in Thomond Underwriting based in the Republic of Ireland and Northern Ireland, the broker’s first MGA deal.
Regional restructure to help QBE get closer to brokers – Fitzgerald
QBE’s regional restructure in May will help the insurer become more visible with brokers, according to the insurer's director of UK regions Andy Fitzgerald.
Meet the MGA: Inperio
After applying for a holiday job, Inperio director Simon Lovat began a career in insurance and rose through the ranks of the industry. He now runs a successful managing general agency and a number of businesses that sit alongside it. He gives his tips on…
Meet the MGA: Burns & Wilcox UK
Stuart Kilpatrick, managing director, Burns & Wilcox UK explains how creating an empowering environment and building long-term relationships with partners have been key to its success
Allianz seeks to move closer to brokers with new financial lines team in three regional hubs
Allianz Commercial has formed a financial lines team focusing solely on directors & officers cover and professional indemnity propositions.
Specialist Risk Group snaps up TLO Risk Services
SRG has added to its professional lines capability with the purchase of TLO Risk Services for an undisclosed sum.
Biba renews Lockton PI partnership
The British Insurance Brokers’ Association has renewed its professional indemnity accredited broker contract with Lockton for a further three years.
SRG adds to MGA offering with medical professional liability specialist
Specialist Risk Group has bought London and Gibraltar-based The Medical Professional Liability Company.
PIB snaps up residential property specialist broker
PIB has completed its second acquisition in less than a week, buying property broker St Giles.
PIB buys Bristol-based PI broker Pure Risks
PIB Group has acquired specialist professional indemnity insurance broker Pure Risks.
Interview: Eddie Hooker, Hamilton Fraser
Hamilton Fraser founder Eddie Hooker wants his broker to continue building digital excellence in commercial lines. He talks to Saxon East about the broker's beginnings, GRP's ownership, and plans for the future.
Spring Insure looks to court brokers in UK professional indemnity launch
Managing general agent Spring Insure has launched a commercial professional indemnity product in the UK and Ireland with backing from a new capacity provider.
Aqueous signs three-year capacity deal with Allianz Insurance
Aqueous Underwriting plans to push on SME business having secured new capacity in an initial three-year deal with Allianz Insurance.
Hiscox launches broker extranet
Hiscox has launched a broker extranet claiming it is the first full cycle digital trading extranet built by an insurer that supports integration into brokers’ Acturis back office.
Light on the horizon for brokers squeezed by rising professional indemnity costs
Brokers have faced rising professional indemnity costs amid a perfect storm of factors driving rate increases. But now the market is beginning to settle, although some firms will still face significant headwinds
Rates rises slowed across UK insurance towards end of 2022
The pace of rate rises across UK insurance slowed down towards the end of last year, increasing by just 4% in the fourth quarter, according to Marsh specialty and global placement data.
Hayes Parsons snaps up PI broker
Hayes Parsons Group has bought Bristol-based professional indemnity specialist Ntegrity Insurance Solutions.
Dozens of law firms caught in ‘very difficult’ PI market have closed
Nearly 50 law firms have had to close in just over a year as soaring professional indemnity costs bite hard, according to a legal adviser.
RSA can no longer 'hide behind the screen' to engage brokers - Catherine Frost
Stakeholder engagement with brokers is a priority for increased visibility, according to RSA regional managing director Catherine Frost.
FCA ‘haven’t thought through’ plans for PI insurers to pay millions in IFA claims
Insurers have a number of valid reasons to reject claims from IFAs who mis-sold pensions to British steel workers, according to a legal expert.
Ardonagh buys £20m GWP PI specialist broker
Ardonagh Advisory has added to its professional indemnity portfolio buying The Professional Broking Group which trades as The Professional Indemnity Company.
‘We expect insurers to pay’ – FCA agrees compensation for steel workers to trigger IFA claims
The FCA today agreed compensation for British Steel workers, meaning brokers are now braced for professional indemnity claims from financial advisers who gave them poor pensions advice.