Professional Indemnity – Page 3
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Sponsored ContentSoft market in current climate would be chaos – Manchester Underwriting Management
Richard Webb, director at Manchester Underwriting Management, explains why he thinks a soft market would be ‘catastrophic’ amid claims inflation, global wars and UK leadership changes
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NewsIUA tackles high-rise fire safety risks with new model insurance clause
The representative body hopes that its new clause will provide underwriters with ‘greater confidence to offer effective insurance solutions’ to firms that are working to remove dangerous cladding from high-rise buildings
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NewsLondon market showcases ‘great degree of optimism’ around PI risks – Clyde and Co
However, this optimism is tempered by a ‘wariness of macroeconomic and inflationary pressures’
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Sponsored ContentTravelers: Why smaller solicitor clients need professional indemnity insurance
James Graham, deputy head of professional indemnity and cyber at Travelers, outlines the best practices to follow when advising on PI cover for smaller solicitors - their reputations will likely depend on it
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NewsM&A activity in the MGA market is not fuelled by private equity – MUM
Plus, data is becoming increasingly important as it provides ’some real insight into your numbers’, which insurers want, says chief executive
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AnalysisPremier League risk register expands following BI-linked lawsuit launch
As a number of Premier League football clubs initiate BI-related legal action against insurers, Insurance Times explores the myriad risks that footballers and clubs could encounter in today’s post-pandemic landscape
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NewsARB reveals new draft guidance on insurance
Proposed alterations to the code stem from architects expressing issues with managing insurance sector developments
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AnalysisTinder Swindler case reinforces regulation requirement for flourishing dating metaverse
Although the Online Safety Bill may help combat romance scams, insurers and brokers should think about how they can protect customers from social engineering attacks
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NewsNew insurance scheme launched for talking professionals
The scheme aims to ‘streamline’ several profession specific risks
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Sponsored ContentClaims are the industry’s shopfront, so sector must deliver on service - MUM
Richard Webb, director at Manchester Underwriting Management, explores whether insurance customers get what they paid for when it comes to making a professional indemnity claim
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NewsCourt of Appeal ruling sees major implications for dental negligence claims
The Dental Law Partnership has campaigned for two decades to ‘change the industry for the better’
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AnalysisIn Focus: Are broker schemes the answer to professional indemnity cover challenges?
Industry experts debate whether broker schemes could solve professional indemnity insurance’s (PII) woes after SchemeServe revealed PII schemes netted brokers the most income between 1 April and 31 September 2021
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NewsAqueous Underwriting boosts capacity in professional indemnity market push
The increase will provide the MGA’s brokers with an ‘enhanced proposition’ for clients, says chief underwriting officer
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AnalysisLegal professional indemnity stresses push firms to consider their futures
Brokers must support law firms with risk management to battle professional indemnity claim threats and increasing premiums
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NewsProperty law regulator launches consultation on changes to professional indemnity insurance
The consultation will close on 25 February 2022
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NewsPI premium hikes push independent legal practitioners to seek ‘security and freedom’ – Taylor Rose MW
Experienced solicitors ‘no longer want the responsibilities of compliance and increasing operating costs’, says chief executive
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NewsLloyd’s broker partners with Amazon Business for tailored insurance proposition
It is the only UK insurance partnership from Amazon Business
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NewsLabour backs motion to fight cladding risk scandal as professional indemnity prices soar
Insurers are showing ‘cautious willingness’ to underwrite fire safety risks on defective cladding
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NewsInsurance and construction industry must join forces to combat evolving risks – Marsh
The UK’s infrastructure growth is expected to rival China by 2030
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NewsPen Underwriting appoints newly created head of technology role from Hiscox
The hire of the ‘established insurance heavyweight’ aims to help the MGA branch into a new market niche
