Archive | June, 2011

DG Law: IFAs need to have professional indemnity insurance

According to one legal expert from DG Law, independent financial advisers, along with other professionals who specialise in distributing economic guidance to large firms should make sure they have adequate professional indemnity insurance.

Zurich appoints new chief PI insurance underwriter for Europe

One commercial insurance and reinsurance specialist recently announced a brace of new appointments in both its UK financial lines division and its European professional indemnity underwriting divisions.

PI insurance provider Brightside wins PwC award

One professional indemnity insurance provider was recently announced to be the Business of the Year in the West of England, according to PricewaterhouseCooper.

Canopius Group establishes retail commercial insurance division

One underwriting business specialising in insurance and reinsurance has recently announced the establishment of a retail commercial insurance business division in the UK.

DUAL appoints new professional indemnity insurance underwriter

One commercial insurance specialist has recently announced the appointment of a new professional indemnity insurance underwriter in its national business unit based in Manchester.

Firms invited to join scheme to make PI insurance affordable

Legal firms across the North East region have recently been invited to join a new scheme that could see them saving tens of thousands of pounds on their PI insurance costs, sources say.

Lloyd’s broker announces new PI insurance risks team director

One Lloyd’s broker has recently announced a new appointment to its professional indemnity insurance UK risks team in the form of Mr John Walsh as director.

Aspen appoints new UK professional indemnity head

One business insurance specialist has recently announced the appointment of a new UK head for its professional indemnity unit, sources say.

Elite rules out entering the PI insurance market

Citing issues with the rules governing the assigned risks pool, one legal expenses provider has recently announced it will not be entering into the market for solicitors’ professional indemnity insurance.

Irish solicitors stymied after Law Society pulls PI insurance funding

Irish solicitors have been wondering which way is up after the Law Society considers to rescind any financial support to one professional indemnity insurance provider.