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Professional indemnity insurance (PI) makes good business sense if you are a contractor. It protects your business from expensive claims from a client if they allege that you made a mistake,...
Almost anyone who provides a service to customers now requires professional indemnity insurance. Our online quote system instantly compares competitive quotes for over 500 different occupations and this number is...
Determining the right level of professional indemnity insurance cover for your business… …is not an exact science, but making a wrong decision can be catastrophic. So rather than picking a random...
If you are a large or more complex professional business, the calculation of your professional indemnity premium by an insurance underwriter is not an exact science. Giving a good impression of...
When you buy a professional indemnity insurance policy you enter into a contract with the insurance company. Like any contract there are rules which must be adhered to, some of...
If you are an IFA then you will have your own view of the huge changes the industry has gone through during the last 10 years. Whilst the aim has...
Just when you thought you were getting your head around GDPR along comes another awkward conundrum. Here’s the question: If I comply with the new rules and delete files containing...
When you are asked to sign a contract to supply a service to a client, they may stipulate that you must carry a minimum level of professional indemnity insurance. This...
In April we proudly made the top 1% of the most popular websites in the World. Our organic visits reached a new record level and this was a first time in...
Good risk management is important to the success and survival of any business. Hopefully you read our first highly popular set of tips on this subject but if you didn’t, the...
We’re well known for our great professional indemnity insurance quotes… …but as well as insurance quotes, here in the office we also enjoy reading the literary kind which are inspired and can...
Professional Indemnity claims against surveyors and property related professions can be substantial… When something goes wrong with the sale or letting of a property, the legal costs and size of the...
Sometimes you might be tempted to give some free professional advice to help a friend. But after the recent decision by the Court of Appeal, you might think carefully about...
Nine months after it became law, Niall Hevey of specialist law firm Reynolds Colman Bradley gives his expert view on the impact of the Insurance Act… The Insurance Act 2015:...
Whether you’re just starting out in business or you want to grow your business there are some key factors that can really make a difference to whether your marketing efforts...
We are pleased to announce the opening of our 2nd office which will focus on the delivery of corporate professional indemnity insurance services to high quality professional clients. The new...
Data breaches cost businesses many millions of pounds every year… ….and the chances are your firm has a number of assets that contain sensitive information about your customers. With this...
City Based MGA Pen Underwriting has announced the appointment of Paul Crilly as the new head of their solicitors professional indemnity team. Crilly has over 25 years experience in the...
Top 20 Accountancy firm Wilkins Kennedy lost a High Court battle this week and were ordered to pay a former client damages of £ 9.14 million for professional negligence. The...
Burns Anderson clients lost their claim in the commercial court last week following a long battle with professional indemnity insurer Liberty Mutual. 99 claimants tried to claim against the Burns Anderson...
American owned Markel International has recently announced the acquisition of Galleon Marine for an undisclosed amount. London based Galleon, which specialises in marine professional indemnity insurance, was founded in 2010 and its...
QPI legal, the Northampton based insurance broker has sold to PIB for an undisclosed amount. QPI Legal provides professional indemnity insurance policies mainly to solicitors and the legal profession. The...
Following the announcement in the March budget, insurance premium tax (IPT) is set to increase again with effect from 1 October 2016. It will be the sixth increase in the...
With up to 90% of the legal professional renewing their professional indemnity insurance on 1 October, the solicitors renewal season now into full swing. So what’s the market doing this year?...
The Gibraltar based professional indemnity insurer Enterprise Insurance has collapsed. Enterprise has been an important insurer in the solicitors’ professional indemnity insurance market and insures many of the UKs law firms....
The professional indemnity insurance market for most of the 5,400 directly authorised IFA firms has been turbulent in recent years. Most saw a significant increase in their premiums and some harsh...
For some small businesses cash flow is critical to survival. Many business owners will scrutinise their monthly expenditure and trim this back to the bare minimum, particularly if the business is...
According to a new study by insurers, Accountants are the most accident prone drivers in the UK. Doctors and Solicitors closely follow them on the list of worst drivers. In...
Probate is an area of work where problems can and do frequently give rise to professional indemnity claims and with many firms of accountants now considering this type of work,...
Claims made against accountants during the last recession and even over the last decade have often escaped the more excessive claim trends that have been suffered by other traditional professions...
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