Professional Indemnity (PI) insurance is intended to cover specified losses suffered by a business (or individual acting in their professional capacity) where it is alleged that the business has ...

The way professional indemnity (PI) underwriters assess a planner’s risk, added to ambiguous regulatory guidelines, means a fresh approach to product regulation and safety guidelines is required. That ...

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The professional indemnity insurance market is currently characterised by increased insurer appetite, broader cover ...

Markel Insurance, the insurance operation within Markel Group Inc., has announced the appointment of Charlotte Major as Senior Claims Adjuster – ...

Marsh India said PI claims range from $20m to $100m. Professional Indemnity (PI) insurance claims recorded a notable increase from 2022 to 2023, with 36% of PI claims originating in the United States, ...

Renewals of solicitors' PI insurance this year have taken place in a hard market, with reports of many firms – including large City firms – experiencing premium increases of 20 to 40%. There has been ...

Financial planners are required by regulation to hold Professional Indemnity insurance, but Oscar Martinis writes that notwithstanding the increasing cost of premiums, planners need to be fully ...

Since its inception on 30 August 2010, the regulations requiring health professionals to have professional indemnity insurance have lain dormant in a state of moratorium, almost as a distant memory ...

Adviser Simon Mansell spoke about the changes with networks and being directly authoried. One FT Adviser reader, Simon Mansell, wrote in about the position many network advisers may find themselves in ...

Indemnity insurance is a foundational component of modern risk management strategies, protecting individuals and organizations against the financial consequences of liability. This form of insurance ...