Professional indemnity
-
Tesla says it has not renewed D&O cover for the 2019-20 policy period because of the cost of premiums. -
The syndicate reported a £25mn profit for 2019 as it delivered strong investment returns.
-
Antonio Bellanca will lead the PI line, working alongside three former Neon colleagues.
-
A round-up of InsurTech news from 13 March to 20 March.
-
WTW’s former executive director of financial and executive risks will lead the division.
-
Chloë Cox comes from Marsh JLT Specialty and Alex Atkinson was previously at Alesco.
-
The analyst said claims development in the sector usually takes three to five years.
-
Jarrod Schlesinger said insurers should engage with industry groups on the issue.
-
Recent rate rises have been partially offset by rising defence and cost containment expenses.
-
Fitch placed ProAssurance ratings on negative watch following the announcement of the acquisition, noting concerns about the medical professional liability space.
-
Pre-adverse development cover, the carrier saw impact from directors’ and officers’ and mergers and acquisitions-related business.
-
The broker has experience placing business for offshore law firms and trust companies.
Most Recent
-
Enstar Q1 net profit falls 58% to $50mn
02 May 2025 -
Daily Digest: Top news from 2 May
02 May 2025