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 ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

While financial planners accept the reasons they are required to hold Professional Indemnity insurance, there are signs the system needs a review. Few people would argue with the underlying reason the ...

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, ...

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

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 ...

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 ...

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 ...