Professional indemnity (PI)
Blog: Why tripartite partnerships are key in the professional indemnity market
As the professional indemnity market continues to be beset by ever more challenges Nic Brown, of Markel UK, explains why the successful placement or renewal of cover now, more than ever, relies on strong partnerships between insurer, broker and insured.
FSB flags small firms' concerns on price of insurance
Small firms are encountering widespread problems in their dealings with the insurance market and rising premium costs, a new report has found.
Burns and Wilcox eyes £60m-£65m in GWP
The MGA and underwriting business has experienced “significant growth” since it was created in 2019 and is open to M&A as a tool for growth according to CEO, Stuart Kilpatrick.
Blog: Is the industry focusing enough on customer needs?
Nic Brown, of Markel, argues that meeting the needs of customers may have slipped as a priority for the industry during the current hardening market and rising premium inflation.
Landmark Underwriting makes two buys
Landmark Underwriting has revealed its first two deals after raising debt financing through SME lender BOOST&Co.
Cyber hits top spot for schemes commission earnings
SchemeServe research shows that cyber has outpaced other insurance schemes with an 87% increase in commission earnings over the past six months.
MUM reveals growth post Pen takeover
Manchester Underwriting Management has grown to just south of £70m gross written premium since being bought by Gallagher-owned Pen Underwriting, CEO Charles Manchester told Insurance Age.
Profit and turnover up at One Broker as firm eyes acquisitions
One Broker has posted a 21.2% rise in Ebitda to £2.15m in its latest set of annual results driven by schemes success.
Mason Owen Financial Services completes MBO from parent company
Commercial property agency Mason Owen & Partners has sold its majority shareholding in broking arm Mason Owen Financial Services and its subsidiary companies to the current management team led by managing director Andrew Gibbons.
In Depth: Legal expenses cover proves value in volatile times
The turmoil caused by pandemics and politics in the past two years has created an increasingly litigious landscape and served to highlight the value and benefit of legal expenses to businesses, says Tim Evershed
Blog: Reducing the personal guarantee risk of solicitors’ PI
Todd Davison, managing director of Purbeck Personal Guarantee Insurance, assesses a particular challenge facing brokers and the solution available as the solicitors professional indemnity insurance renewal season fast approaches.
Broking Success: Gearing for growth
Richard Amphlett, Cox Mahon managing director, who is also the High Sheriff of Worcestershire for 2021-2022, spoke to Insurance Age about the company’s history, the challenges surrounding professional indemnity, and his plans to triple the business in…
Aqueous increases capacity in professional indemnity push
The managing general agent has increased capacity under plans to expand its foothold across the UK professional indemnity insurance market in 2022.
Hubb targets £15m to £20m GWP for 2023
The commercial usage-based broker was set up in 2020 and authorised in April last year.
News analysis: Calculating broker PI
Brokers are counting the cost of their own professional indemnity protection. Sam Barrett investigates.
Consilium adds PI cover to asbestos scheme
The product is available to asbestos removers, demolition contractors, surveyors, general building firms, and allied trades.
Pen and MUM lift lid on deal
The buy takes Pen Underwriting’s GWP up to £700m.
Pen buys Manchester Underwriting
Deal brings 50 staff and £60m in GWP to the Gallagher-owned MGA.
Purbeck launches fresh PGI cover
According to the MGA, the policy was designed as a response to insurers’ requirements of personal guarantees for run off claims.
Talbot Jones targets further growth after March Insurance deal
Managing director Richard Talbot-Jones tells Insurance Age about how the broker's recent deal for March Insurance Services came about and details his plans for the future.
Aston Lark Ireland buys again
Deal for Dublin-based Brassington Insurance is consolidator's sixth in the Republic of Ireland this year.
NFP buys Dublin-based Aiken Insurances
Acquisition provides further entry into Ireland and expands specialty expertise for the US headquartered business.
Tasker to push forward with more deals
CEO Robert Organ highlighted how recent buy, PI specialist Insure Risk, was a good fit for the business and chats through its move to join Jensten.
Jensten buys Tasker
Deal includes Tasker Insurance Brokers, Tasker & Partners, and Gresham Underwriting and brings £50m GWP to Jensten.