Professional indemnity (PI)
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Aon UK confirms solicitors’ PI cover has been withdrawn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.
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.