Archive | July, 2011

Business insurance provider partners with specialist broker

With a stated aim of becoming the dominant insurer in the market, one provider of business insurance has recently partnered with a specialist broker in order to offer more professional indemnity insurance products for licensed conveyancers and solicitors.

Commercial insurance brokers open new Gateshead offices

JM Glendinning, a commercial insurance broker based in Yorkshire, has announced the opening of its new Gateshead office in Team Valley on August 1.

Groupama adds to its commercial insurance product range

One business insurance specialist has recently announced an addition to its range of specialist commercial insurance products with the launch of its new security firm insurance cover.

Alterra announces it will underwrite PI Insurance

Alterra Capital Holdings Limited recently announced that its Lloyds Syndicate 1400 will begin underwriting professional indemnity insurance books as well as marine business.

Insurer and underwriter team up to provide indemnity insurance

One business liability insurance provider has recently announced it has teamed up with an underwriting specialist in order to provide indemnity insurance to law firms in need.

Law Society says PI Insurance harder to find than ever

According to a new survey conducted by the Law Society, professional indemnity insurance is harder than ever to find, with one out of every three law firms reporting problems in obtaining proper business liability insurance cover.

Professional liability insurance claims rising, survey says

The number of professional liability insurance claims brought against law firms has been on the rise lately, according to the recently released results of a research study.

PI insurance firm plans to increase Lloyds capacity

One Bermuda-based professional indemnity insurance firm recently remarked that it is planning to increase its Lloyds of London syndicate 33’s capacity to a total of £1 billion for the coming year, in order to not be caught unprepared in the event of a market turn.

Business insurance freeze down under cripples recovery

A business insurance freeze has crippled the recovery efforts of one New Zealand city, prompting one city business leader to urge the Government to intervene in Christchurch’s plight.

Research and Markets adds commercial insurance report

One of the world’s largest and most well-known market research firms has recently announced it now offers a distribution report for the UK commercial insurance markets for the 2011 year.