Professional indemnity (PI)
Elite Insurance withdraws from solicitors’ PI market
Insurer cites unsustainable premium prices, fraud and proposed legal changes as factors in the decision.
Brokers gaining professional indemnity insurance business
Insurers withdrawing from a tough sector says Brunel Professional Risks.
Is broker PI on the rise?
New products on the market could herald a resurgence for broker PI sector
Broking Break: Your top five stories of the week
It was Towergate, Towergate, Towergate this week as the consolidator hit the headlines with a £5.5m loss for Q3. But what other companies have you also been reading about?
MUM launches PI product for brokers
CEO Charles Manchester says the conditions are now right for such products.
RSA launches online PI product
Product is sold exclusively through its commercial broker partners.
Pen Underwriting secures Solicitors' PI capacity with QIC Europe
Pen will use capacity to offer primary cover of up to £3m.
Brokers avoid direct channels for their PI cover
Research by Biba shows most brokers look for specialist advice for professional indemnity cover.
In-depth: How do you solve a problem like professional liability?
Edward Murray investigates how brokers can make inroads into the static, soft, and difficult to break into professional liability market.
Allianz launches PI product for brokers
Professional indemnity package made available to UK broker market following six month pilot scheme.
JLT takes two from Aon for solicitors’ PI
Broker added four to team in 2014.
Howden launches professional indemnity product
Product targets surveyor with Howden citing challenging market conditions.
Bennett Christmas buys book of business from Howden
The broker plans to grow to £20m in the next three years.
Axa targets South-west and Wales growth with new appointments
Insurer adds property owners and professional indemnity expertise with double hire from RSA and Franklands Insurance.
Griffiths & Armour targets across the board expansion
Broker looking to grow in corporate risks after recruiting six former Towergate staff to its professional risks division.
Griffiths & Armour takes six from Towergate
Broker expands professional risk division with former Towergate Professional Indemnity staff.
Martinez & Partners targets £120m in GWP in 2015
Company expects GWP to be around £85m for 2014.
Dual adds two in PI focus
Bonnington and Holt join Hyperion’s underwriting arm.
Brunel opens in Manchester
Broker plans to expand in the city as it opens office specialising in professional indemnity.
QBE retains Jelf SME PI account
Insurer signs up for another three years.
Aon launches new PI product
Broker unveils new structure involving Novae and Argo.
Manchester Underwriting appoints Chue as claims manager
New recruit to work on UK and international business.
Changes to solicitors’ PI insurance limits delayed
Reduction in minimum cover rules will not be in place by October renewal season.
FSCS steps in following Balva liquidation
Compensation authority in talks with liquidator.