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1. New Issue of Coverstory dispatched
(Blog Articles/PI News Related)
... Indemnity Insurance so we know our markets and know how to offer solutions to our insureds needs and requirements. Part of this service is the provision of our much enjoyed newsletter “Coverstory” and ...
2. Indemnity market must be liberalised
(Blog Articles/PI News Related)
... England and Wales have to renew their PII by 1 October, but last week insurer Zurich, which insured 13 per cent of law firms in England and Wales in 2009/10, said it will reduce its participation in the ...
3. Town Planners
(site sections/Sectors Covered)
... will expect their insureds to advise before incepting the policy if any aspect of their work is anything other than generic town planning. What type of cover will I need? Member of the Royal Town ...
4. Town Planners
(site sections/Sectors Covered)
... be taken as an insurer will expect their insureds to advise before incepting the policy if any aspect of their work is anything other than generic town planning. What type of cover will I need? Member ...
5. Genealogists
(site sections/Sectors Covered)
... guarantee unless such liability would have attached anyway. But take care with agreements such as collateral warranties (see construction professions) Insolvency / bankruptcy of insured Fines and penalties ...
6. PI Express
(site sections/Quotes)
... are based on a standard Insured’s Contribution of £500 each and every claim. View rates  ...
7. Run off
(site sections/Sectors Covered)
... of any note being that as the insured is no longer practicing.  The policy will not provide cover for work undertaken after the run off endorsement date and the policy will only provide indemnity for work ...
8. Advantage Solo Members
(site sections/Quotes)
... only. In other words, if you do not hold PI insurance at the time a claim is made against you, irrespective of whether you had PI when you carried out the work in question, you will not be insured. You ...
9. AGRA Members
(site sections/Quotes)
... PI insurance at the time a claim is made against you, irrespective of whether you had PI when you carried out the work in question, you will not be insured. You should therefore maintain PI insurance for ...
10. V - Glossary
(Glossary/Glossary)
... Policy A Policy where the Insurer or the Insured has a right to avoid the Policy.  ...
11. T - Glossary
(Glossary/Glossary)
Third Party Liability Liability incurred by the Insured to another party under common or statute law.  ...
12. S - Glossary
(Glossary/Glossary)
...  A Broker's Slip which is made into a Policy by the attachment of a special form; the purpose being to provide for those cases where the Insured or the ...
13. P - Glossary
(Glossary/Glossary)
... for which the policy is in force as shown in the schedule. Plaintiff The person making the claim against the insured  ...
14. N - Glossary
(Glossary/Glossary)
... claim since the last declaration made to an insurer, for example a proposal form. Non-disclosure Failure by the Insured or his Broker to disclose ...
15. L - Glossary
(Glossary/Glossary)
...  Insurance to cover the legal liability of the Insured to the extent of such liability but subject to any limitations expressed in the Policy. ...
16. I - Glossary
(Glossary/Glossary)
...  Indemnity Insurance is taxed at 5%. Insured’s Contribution The amount the insured agreed to pay in respect of a loss as a result ...
17. H - Glossary
(Glossary/Glossary)
...  adjudication process. Due to the speeding up process insurers impose set out procedures that an insured practice must abide by in  ...
18. E - Glossary
(Glossary/Glossary)
... equipment manufactured, supplied, installed, serviced or repaired by or on behalf of the insured correctly to perform its intended function. Endorsement Any writing on or addition ...
19. D - Glossary
(Glossary/Glossary)
... accept the request for Insurance coverage. Deductible The amount of the Loss which the Insured is responsible to pay before benefits from ...
20. C - Glossary
(Glossary/Glossary)
... time in the past (subject to any retro dates), in connection with the business being insured. For example, if a member was insured on 1 January ...
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