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 ...
A checklist setting out the key terms that insureds should review when notifying a claim or negotiating the terms of a professional indemnity insurance policy. Originally published in Practical Law.
The professional indemnity insurance market is currently characterised by increased insurer appetite, broader cover ...
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 ...
Markel Insurance, the insurance operation within Markel Group Inc., has announced the appointment of Charlotte Major as Senior Claims Adjuster – ...
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 ...
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, ...
A “competitively priced and transparently administered” professional indemnity (PI) insurance policy will be in place by June if the Financial Planning Association (FPA) has its way. The FPA has today ...
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 ...
Sir, Mark Jansen's valuable and timely article 'Keeping under cover' (legal + professional, 21 February, p34) mentioned the need for surveying firms to adopt a variety of coping strategies to manage ...
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 ...