In response to a Financial Services Council (FSC) green paper from earlier this year, the Stockbrokers and Investment ...

The tightening of the professional indemnity insurance market has led the corporate regulator to amend its requirements of Australian Financial Services Licensees (AFSLs). The Australian Securities ...

The administration of Tenet Group has highlighted several issues when it comes to professional indemnity insurance, including subrogation rights, run-off cover, and the length of policy terms. While ...

Renewals of solicitors' PI insurance this year have taken place in a hard market, with reports of many firms – including large City firms – experiencing premium increases of 20 to 40%. There has been ...

Licensees who force their planners to pay run-off cover for professional indemnity insurance are charging them an exit fee to leave the group, according to Synchron director Don Trapnell. In doing so, ...