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.
In an effort to reduce professional indemnity insurance premium payments, Ireland’s Law Society will be convening a special general meeting in order to discuss the abolition of so-called ‘Chinese walls’ which permit major firms to act for clients in opposition to them.
After the Solicitors Regulation Authority’s recently unveiled changes revealed that it will not be addressing marketplace challenges for smaller firms renewing professional indemnity insurance, one provider of business insurance has expressed their concern.
One Lloyd’s insurance and reinsurance broker has recently added two new members to its professional indemnity insurance UK team.
Professional indemnity insurance providers across the UK have been urged to aid in the economic recovery efforts by taking more serious steps to provide more adequate cover and reduce red tape.
Research and Markets, a leading source for international market data and market research, has recently released its UK Professional Indemnity Insurance 2009 report.