Professional indemnity
-
Rokstone’s new PI facility is for UK and EU risks with a £2mn primary and a £5mn excess of loss limit. -
While competition is picking up, a likely rise in claims during a recession is likely to prevent a return to a soft market.
-
The carrier has also exited the downstream energy and financial institutions markets in recent weeks.
-
The scheme aims to fill the gap left when private sector carriers exited the market following the Grenfell disaster.
-
The broker has also appointed Rebecca Harvey from Besso to focus on North American production in D&O.
-
The appointment follows the departure of two Talbot PI underwriters last year, who left to join Faraday.
-
The Aquiline-backed motor syndicate is hiring a team to lead a build-out in specialty lines.
-
The appointment confirms the carrier’s prospective involvement in the rapidly hardening market.
-
The appointment reflects a diversification push at the carrier.
-
The broker will add a Belgian office alongside its London operation for post-Brexit trading.
-
The insurer said that stripping out the effects of Covid-19 from counterfactuals would over-indemnify policyholders.
-
Mike Newson will lead the division as PI and financial lines manager.
Most Recent
-
Enstar Q1 net profit falls 58% to $50mn
02 May 2025 -
Daily Digest: Top news from 2 May
02 May 2025