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1. IFA policy exclusions
(Blog Articles/PI News Related)
The investment failures associated with Arc Cru investment funds and the collapse of investment firm Keydata has brought about a tightening of Professional Indemnity policy wordings by insurers providing ...
2. RICS Listed Insurers
(Blog Articles/PI News Related)
The Royal Institute of Chartered Surveyors, RICS, published its update list of “Listed Insurers” on 1st October 2011.  The RICS issue a list of insurers who have obtained listed status by meeting a number ...
3. Abolition of Expert Witness Immunity
(Blog Articles/PI News Related)
... of evidence prepared for the purposes of, and in connection with, legal proceedings. Insurers will need to consider carefully the potential ramifications of this decision.  In particular, they will ...
4. The RICS Valuer Registration Scheme and PII
(Blog Articles/PI News Related)
... underwritten by an RICS listed insurer Incorporated RICS minimum policy wording Be retroactive for at least 6 years, or to the date your firm began trading if this date is less than 6 years ago Have ...
5. Changes to the Tenancy Deposit Scheme
(Blog Articles/Broker)
... the deposit, in the statutory prescribed form, can also result in the same penalty. Letting has traditionally been seen as a low risk profession for Professional Indemnity Insurers, however, in recent ...
6. Right Questions
(Newsflashes/Newsflash)
So pleased to hear from you, you're the first insurer to ask the right type of questions- I have been going nuts! Town Planner, London - November 2010  ...
A number of leading Insurers are starting to add the option of Cyber Liability Cover to Professional Indemnity Insurance. Cyber extensions can provide: Repair or replacement of insured’s website ...
8. Increase to Insurance Premium Tax
(Blog Articles/Broker)
... industry problems as the Government have not allowed any period of transition as was the case the last time the rate changed.  The tax point will vary depending on how each Insurer deals with IPT in its ...
... policy, as required by the SRA, must allow insurers to set premiums that more accurately reflect the risks of work carried out. The funding of the Assigned Risks Pool (for solicitors unable to get professional ...
10. Trouble Indemnity
(Blog Articles/PI News Related)
... big insurers lose appetite for their ­business. When the solicitors’ PI market last shrank, firms faced rate hikes of up to 40 per cent. The Lawyer 2 August 2010  ...
11. 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 ...
An increase in professional indemnity (PI) insurance claims and the collapse of a major insurer means IFAs are facing hikes in their premiums. Northern Irish insurer Quinn Insurance, which provides professional ...
13. CML Certificates
(Blog Articles/PI News Related)
... to insurers. Building.co.uk   26 March 2010  ...
14. Town Planners
(site sections/Sectors Covered)
... about planning proposals from local people and businesses assessing the potential impact that developments, such as new road building, might have What do insurers look for when issuing terms Town ...
15. Town Planners
(site sections/Sectors Covered)
...  hearing concerns about planning proposals from local people and businesses assessing the potential impact that developments, such as new road building, might have What do insurers look for when ...
16. Genealogists
(site sections/Sectors Covered)
... professional. Top What do insurers look for when issuing terms? Genealogy is seen by insurers to be a low risk activity as a whole, however many firms can branch out into other field of research ...
17. Acoustic Consultants
(site sections/Sectors Covered)
... to the legal profession How do insurers rate a risk and what do they look for? Size of practice One of the major factors that determines the rate and underwriting criteria of insurers ...
18. Run off PI
(site sections/Sectors Covered)
... year? If you advise your insurer they will simply endorse your policy to say that no work done after the date on the endorsement will be covered under the policy. There is normally no return of the annual ...
... a one-off single premium. Six year PI (Professional Indemnity Insurance) “run off” cover is offered by a very limited number of insurers and has proved very attractive to many of our professional clients. ...
20. New Look Hammond PI Website
(Blog Articles/PI News Related)
... seeking. Also access to Easy access to PI Insurers Rating agencies, to see how your insurer compares.   We have already recieved a lot of feedback and would like to say a big thank you to all ...
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