Professional indemnity (PI)
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.
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.