Professional indemnity (PI)
InsurTech Futures: Kingsbridge buys on-demand PI provider Dinghy
Dinghy provides cover for freelance professionals and aims its products at the gig economy.
Professional indemnity rates set to harden
Less capacity to drive up rates as Loyd's syndicates cut back or pull out of PI.
Opinion: Who would believe it? When unrated is “good”
Roger Flaxman finds lessons for brokers in a fascinating £100,000 case where a firm faced litigation for not using unrated insurers.
Right time for MGB sale, says Charles Manchester
MUM CEO predicts broker will “thrive in a large organisation” as the MGA focuses on underwriting following the deal.
MUM sells MGB Insurance Brokers to Trireme
The firm will sit alongside Oxford Insurance Brokers and James Hampden International.
Broking break - Your top 5
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.
Paragon partners with AIG on exclusive wholesale solicitors PI offering
New arrangement designed for two and three partner solicitor practices in England and Wales.
Brunel Professions accredited as Lloyd’s broker
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.
The most read whitepapers by brokers in April 2018
Cyber, GDPR, professional indemnity and legal expenses make up the top five downloads from Insurance Age’s sister site Insurance Hound.
FCA outlines PI threat in FSCS review
Watchdog says plans supported on compensation limits and funding classes but respondents outlined concerns over proposed clampdown over how investment firms buy PI cover.
Manchester Underwriting Management buys Pelican
Charles Manchester targeting of £10m of GWP in the next 12 months.
Brokers warned of the dangers of underinsurance following Ogden change
Miles Smith publishes guide urging brokers to make sure their clients are covered for increasing liability levels.
Broking Break: Your top five of the week
Takeovers have once again come to the fore in this week’s news with two stories in the top five.
Griffiths & Armour warns broker PI “not fit for purpose”
The broker urged brokers to re-examine their own PI cover as it responded to the FCA thematic review into insurance intermediaries’ professional indemnity.
Biba launches environmental contractors scheme
Scheme was arranged by Biba member Direct Insurance London Market.
Hiscox launches two new PI products
Policies target the media and creative industries.
Brunel opens first office in Scotland
Professional indemnity specialist grows branch network to four.
Brokers, is your own professional indemnity cover in order?
Arthur J Gallagher’s Ben Waterton reminds brokers that their own PI must be up to scratch.
Brunel joins Association of Consultancy and Engineering broker panel
PI broker joins panel for 2017 along with Griffiths & Armour and Willis Towers Watson.
FCA says brokers may be underinsured
Regulator has warned that some brokers do not have the right professional indemnity insurance and calls on sector to review its coverage.
Brunel makes two acquisitions
Bristol-based broker buys PI specialists Pinsure and PI4U.
PIB buys QPI Legal
The Northampton-based broker offers insurance to solicitors and is PIB's fourth acquisition.
Biba launches underinsurance guide
Sixth guide in the organisation’s professional indemnity series as trade body calls for minimum 24 month indemnity periods.
Century Underwriting launches professional risks division
MGA rolls out second new product in three months.