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 ...

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 ...

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 ...

Out of all of the professional sectors across England and Wales, law firms and their solicitors have been named on the majority of professional indemnity (PI) claims since 2020. According to a new ...

Professional Indemnity Insurance premiums have jumped as much as 900 per cent on last year's bill as advisers fight to manage the potential financial fallout from the Covid-19 disruption. Matthew ...

Last summer, the High Court warned lawyers to stop misusing artificial intelligence (AI) after dozens of fake case law ...

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 ...

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 ...

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.