Professional indemnity (PI)
Industry applauds government green light on legal cost reform - Insurance News Now - 31 March 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the industry's response to Ken Clarke's announcement that success fee recoverability in no win, no fee cases is to end.
Stackhouse Poland breaks through £50m GWP barrier with Plexstar acquisition
Broker Stackhouse Poland has acquired specialist professional indemnity broker Plexstar Insurance Services.
Political focus - big society: what's the big idea?
The voluntary sector is one set for growth, as the government pushes its Big Society theme. Edward Murray looks at what impact this is having on insurance and how the sector is provided for.
No-fault forum shopping fears calmed by lawyers
Insurance lawyers have played down fears that proposals to introduce a no-fault system for clinical negligence claims in Scotland could result in forum shopping.
Risk report attacks industry failures
The insurance industry's failure to make significant changes to the "deficient" commercial lines sector has been "wholly unacceptable", according to research firm Mactavish.
ASL expands professional liabilities team
Specialist loss adjuster ASL has recruited three solicitors to its professional liabilities practice.
Allianz global corporate appoints regional head
Allianz Global Corporate & Specialty (AGCS) London has confirmed Gary Everson as regional head of financial lines.
Allianz global corporate appoints regional head
Allianz Global Corporate & Specialty (AGCS) London has confirmed Gary Everson as regional head of financial lines.
Professional lines boss departs Aspen
Aspen has parted company with head of professional lines Nick Evans, Post Online understands.
Professional indemnity - legal services shake up: a plethora of problems for solcitors?
With the legal services industry set for a structural shake-up, Mike Willis and Lindsay Bowskill consider the impact on its insurers.
Chartis web app launches
Chartis has launched a web app for two of its SME products, so brokers can obtain speculative or last-minute quotes while on the move.
Howden targets energy and marine markets
Howden is planning to enter the offshore energy and marine markets in a bid to diversify its international book of business.
Solicitor ARP audit after cover under-reporting
Solicitors' professional indemnity insurers could escape an increase in their exposure to the assigned risks pool following an audit of their premiums.
Schemes - Conception & construction: Special delivery
Setting up schemes to cover specialist sectors can be a lucrative business - but it requires brokers, insurers and customers to work together. Stephanie Denton looks at this evolving market.
Legal update - Successor practice rules: A legal minefield
As law firms acquire work from distressed practices, both they and professional indemnity insurers need to be wary of the rules regarding succession. Craig Jones reports.
Mobile technology - Brokers: How can technology benefit the way brokers do business
With more advanced smartphones and tablet computers, Rachel Gordon asks if mobile technology is merely the latest passing fad, or the shape of the future for the broking community.
Law Society invites members and stakeholders to consider ARP replacement
The Law Society has issued an invitation to its wider membership and other stakeholders to consider an alternative structure that might replace the Assigned Risk Pool.
XL Insurance makes senior underwriting appointment
XL Insurance has appointed Cristiana Báez-Safa as chief underwriting officer professional lines international.
Solicitors' PI shake-up plan divides the market
The Law Society has slammed plans to exclude financial institution claims from the compulsory minimum terms of professional indemnity insurance.
HCC names new PI underwriter
HCC International has appointed Pam Taylor as a professional indemnity underwriter in its Bristol-based office.
Interview - Sarah Lyons: What next for Giles?
Having joined the industry as a school leaver, Sarah Lyons is now group MD of Giles. She explains to Mairi MacDonald why growth, rather than exit plans, remains top of her agenda.
Aon joins the online SME scramble with MGA tie up
Aon has launched its first online quote-and-buy facility for the SME market after joining forces with managing general agent CFC Underwriting.
Postbox: Checking cover levels is essential
I would like to comment on the recent online report that the chairman of the Association of Law Costs Draftsmen is warning law firms against using uninsured legal costs advisers to draw up complex bills.
New FSA regime may boost D&O/PI take-up
The Financial Services Authority's tough enforcement stance could lead to an increase in demand for certain commercial insurance products, Reynolds Porter Chamberlain partner Jonathan Davies has claimed.