Professional indemnity (PI)
Hardening market behind New Dawn Risk's UK move
CEO Max Carter and head of UK Broking Tom Malcolm discuss the Lloyd's broker's new venture and why they hope to partner with regional brokers.
Generali develops PI for SMEs
The product is available to UK brokers and aimed at SMEs and the self-employed.
SMEs cut back on insurance spend amid Covid-19 financial struggles
Research from Premium Credit shows over half of SMEs have stopped paying for covers including employers' liability and professional indemnity as well as business interruption.
Peach PI launches for broker market
The provider is backed by insurer NPA Insurance and offers PI and property cover.
Manchester Underwriting buys MGA Pinpoint renewal rights
The Pinpoint underwriting team will move across to MUM with immediate effect.
Howden acquires again to bolster position in PI market
Howden has reached agreement to acquire St Giles Legal & Professional Risks a professional indemnity insurance broker specialising in the UK solicitor sector.
Manchester broker launches new arm to fill gap for regional PI and D&O risks
Manchester-based broker Champion Insurance Group has launched a new financial lines arm.
Bennett Christmas buys Sennet Insurance Services
Bennett Christmas is part of the Ethos broker stable and adds the professional indemnity specialist to its portfolio.
Pen increases solicitors’ PI capacity to more than £100m
The backing comes from A-rated capacity and lasts for three years.
Unprecedented challenge for broker PI as prices double and exclusions threaten non-compliance
News analysis: Experts question legality of Covid-19 exclusions in brokers' PI policies and warn of trouble with doubling of premiums, providers reducing capacity, as compliance specialists call on the FCA to make it clear whether Covid-19 exclusions are…
Jensten Group buys PI broker in second lockdown deal
HTC Associates, based in Derbyshire, brings around £5m in GWP to Jensten.
Blog: Taking the lead on professional indemnity
Tokio Marine HCC’s John Booth explores how brokers can get the best for their clients from their PI provider.
Blog: PI under pressure
The evolving PI landscape presents significant challenges not just for insureds, but their brokers and insurers as well, says Danny French of Aqueous Underwriting.
Blog: Insurance in the lockdown
Manchester Underwriting Management's Richard Webb on how the coronavirus situation could play havoc with the PI market.
Biba focuses on access to insurance in 2020 manifesto
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.
Blog: What happens next in the PI market?
MUM's Sachin Gupta predicts a rocky road for professional indemnity insurance.
Lifesure moves into commercial with fresh broker launch
Barnes Commercial Insurance Broker has been set up by the firm as a separate business to focus on medium-sized SMEs and professions.
XO launches PI offering for freelancers
Company said the product is also suitable for SMEs with turnover below £1.5m.
News analysis: Broker and MGA concerns mount over MS Amlin pull-out
Provider’s announcement that it is exiting nine lines of business could have serious knock-on effects for the market, reports Sam Barrett
AmTrust appoints lead underwriter for professional indemnity
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.
News analysis: Construction sector faces hit from hardening market
Brokers must prove their worth as industries face price hikes in professional indemnity insurance
Aon UK confirms solicitors’ PI cover has been withdrawn
Its MGA Maven Underwriters lost Lloyd’s support and Aon states it has found alternative cover for its clients using Maven.
Mactavish criticises industry for "knee-jerk reaction" in hardening market
Technical director Rob Smart warns of capacity issues in construction and urges brokers to get started early to avoid leaving companies without insurance.
Construction firm unable to find insurance due to lack of capacity
Howden says current situation has put "incredible pressure" on the only compliant scheme available to customers.