Trouble indemnity

Worrying news in the professional indemnity market: 1,300 firms will have to find replacement professional indemnity insurance or be put at risk of being closed down following the failure of Latvian insurer Balva. Could this put some practices at risk?

1,300 firms at risk after Latvian insurer Balva forced to call in liquidators

Quinn Group ruling proves catalyst for professional indemnity transformation

SRA vs insurers as assigned risks pool governance proves sticking point

PII pressure drop

Assigned risk pool hit by Quinn failure