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
Assigned risk pool hit by Quinn failure