Professional indemnity (PI)
Ink increases PI footprint with IRS acquisition
Ink Underwriting Agencies has acquired Indemnity Risk Solutions (IRS).
CFC chief reveals post-MBO plans
David Walsh, managing director at CFC Underwriting, has revealed the company's plans to move further into the affinities business and expand its product range.
Products: Oxford Insurance Brokers offers IFAs two-year PI deal
Oxford Insurance Brokers Limited (OIB) is offering IFAs a new two year professional indemnity deal as it looks to take advantage of opportunities arising from the Retail Distribution Review and a reduction in capacity in the market.
Brokers increase their PI footprint
Professional indemnity market shows no sign of slow down and attracts slew of new entrants
Products: Auto-rated combined offering will boost “cross-selling potential”, says Acturis
Acturis has introduced a new “mix and match” auto-rated professional combined product combining professional indemnity (PI), directors’ and officers’ (D&O) and office and liability cover to the open market.
New professional risks MGA launched following Novae purchase
Nexus Underwriting Management has launched a new Lloyd’s MGA focusing on professional indemnity and management liability business.
Barbican acquires PI Protect
Barbican Group has bought Manchester-based managing general agency Professional Indemnity Protect.
New 'professional combined' product hits the market
Acturis has introduced an auto-rated professional combined product combining professional indemnity, directors’ and officers’ (D&O) and office and liability cover to the open market.
Macbeth targets professions and HNW markets with new hires
Reading-based Macbeth Chartered Insurance Brokers has appointed a new head of professions and head of private clients as it looks to grow its business.
New PI cover for media sector
Travelers has introduced a new professional indemnity (PI) product to cover the publishing and general media sectors.
Ex-Jubilee chief returns to market
Andreas Loucaides has been appointed syndicate operations and development director at a Lloyd’s syndicate – A G Dore & Others (Syndicate 2526) – less than a month after his sudden departure from Jubilee.
Elite in solicitors’ PI U-turn
Elite Insurance has confirmed that it will re-enter the solicitors’ professional indemnity (PI) insurance market in 2012.
Bluefin uses Axa delegated authority for PI book
Bluefin is to open a new office in Glasgow to handle PI and SME business that Axa Commercial Direct cannot write.
Austyn Tusler shows up at Barbican
Former Hiscox private clients chief Austyn Tusler has moved to Barbican, one of a series of appointments at the Lloyd’s syndicate.
XL commands biggest share of solicitors' PII market
Four insurers provided more than half the market share of solicitors' professional indemnity insurance (PII) in 2011, the Law Society Gazette has reported.
New ARP rules for solicitors’ PI forcing law firms to shut down
Brunel Professional Risks has declared that the 2011 solicitors’ professional indemnity (PI) insurance renewal season was notable for the low number of law firms entering the Assigned Risks Pool (ARP).
New PI product for property agents hits the market
Property insurance broker Deacon has developed a new professional indemnity insurance product for managing agents.
Travelers unveils plastics insurance product
Travelers has announced the launch of a new insurance product for the plastics industry.
Jelf appoints new PI team
Jelf Professions has appointed a new professional indemnity (PI) team based at the company’s Manchester office.
Farewell to the pool
The Assigned Risk Pool will eventually close in 2013, but entrants to the solicitors’ PI market are already trying to exploit this
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.