The mutual will not offer renewal terms from 1 July 2026 and will instead wind down through a solvent exit, continuing to meet existing claims but writing no new business. Its departure removes one of ...

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 ...

Law Society partner Lloyds provides advice and tips for firms on using professional indemnity insurance (PII) or tax loans to spread the cost of PII and help with financial planning.

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 ...

Networks that offer members discounts on PI premiums through captive insurers are facing a “double-edged sword” as if their advisers are subject to a high level of claims it could significantly affect ...

Medicine has been regarded as one of the noblest professions since its inception. Doctors take the Hippocratic Oath to ...