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 ...
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 ...
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 ...
Last summer, the High Court warned lawyers to stop misusing artificial intelligence (AI) after dozens of fake case law ...
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 ...
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 ...
The crucial thing to understand is that the claim doesn’t have to involve an injury or damage. This is what makes professional indemnity different from public and products liability. You’re running ...
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 ...
The Philippines’ pre-need sector also by 31.23% year-on-year. Asia-Pacific's insurance sector from 16 to 20 June saw higher demand for professional indemnity insurance (PI) whilst a separate survey ...