Professional Indemnity
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News AnalysisSolicitors secure premium benefits as professional indemnity market stabilises
Although the majority of legal professionals are now enjoying ‘favourable’ PI premiums, ‘smaller firms and firms doing property work still face challenges’ finding affordable cover
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NewsAviva to launch new digital products and modularise eTraded commercial combined offering
The eTrading product update is designed to give brokers greater flexibility and increased confidence to place larger, more complex risks online, says SME and delegated authorities managing director
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NewsMGA warns that no win, no fee firms threaten insurers’ stability
’Without stricter regulation, these firms will continue to drive up costs, create unnecessary complexity and undermine consumer confidence,’ says claims director
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IT InterviewDarren Galloway: Broker service key for newly launched MGA
’We’re trying to bring together traditional underwriting, traditional service [and] access to highly experienced and knowledgeable underwriters, but with a modern spin,’ says managing director
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News AnalysisBriefing: ‘Tis the season to be jolly?
Macroeconomic circumstances have buffeted the UK general insurance market in recent years – that trajectory looks set to continue as 2024 comes to a close and pressure points still pinch firms
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NewsSmall business insurtech announces new PI product
’We want to unite UK businesses to help them grow and share in our profits,’ says chief executive
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NewsRSA unveils new PI product for climate consultants
’With climate, sustainability and net zero considerations growing in importance to all organisations, we believe there is strong demand and desire for this type of product,’ says UK head of PI
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NewsPI-focused MGA wins long-term capacity deal with specialty insurer
’This transition marks a meaningful step forward, enabling us to continue delivering the stability and tailored support our brokers and insureds count on as we grow,’ says chief executive
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NewsMGA warns of ‘huge’ safety problems for tall buildings after Dagenham blaze
’A large proportion of the affected buildings are yet to be remediated, leaving thousands of people facing these risks every day,’ says underwriting manager
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IT InterviewRamesh Singh: ‘Watch this space’ as Aviva bolsters financial lines with new talent
The industry should ‘watch this space’ for developments in financial lines, says underwriting director
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NewsIndependent broker gets new owners
’It will be business as usual for the most part, however, we are always looking for new and exciting products [or] insurers to add to our panel,’ says new owner
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IT InterviewPaul Howley: From account executive to startup broker
’I have a family to look after as well, therefore it was difficult to just start from scratch,’ says managing director
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NewsRightIndem names new chief strategy officer
’It’s a well-deserved achievement,’ says chief executive
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NewsFormer account executive launches new broker
’It takes hard work and commitment, but it is well worth doing,’ says founder
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IT InterviewTom Downey: Pen Underwriting plans to use M&A to build ‘a much more specialist, niche business’
Chief executive strives for MGA to be ‘magic in the middle’ between capacity partners and brokers as it looks to hit £1bn GWP by year-end
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NewsEcclesiastical reignites schemes partnership with insurance broker
’We did our due diligence to find the right partner for us,’ says operations director
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NewsNew creatives scheme announced for recently launched broker
’My team and I have launched something new and exciting that will help creative freelancers buy the insurance they need,’ says founder
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NewsPI-driven law firm closures fall to lowest level since 2019
’Law firms will be very glad that PI premiums appear to have begun to soften,’ says partner
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News AnalysisWill insurers swipe right on covering dating apps’ unique risks?
Insurance brokers might hesitate to provide coverage for dating apps because understanding the ’unique risks associated with these apps’ often necessitates the ’expertise of a specialist technology broker,’ says head of tech, media and intellectual property
