Reinsurance News
Professional indemnity
ALPS to acquire Ohio Bar Liability Insurance Company in legal insurance sector deal
8th May 2026
ALPS Insurance, a specialist US insurer focused on professional liability cover for legal professionals and law firms, together with the Ohio State Bar Association, a professional body representing lawyers in Ohio, has confirmed it has entered into a definitive agreement for ALPS to acquire the Ohio Bar Liability Insurance Company, ... Read the full article
Euna expands professional indemnity offering into London Market
8th April 2026
Euna, a specialist managing general agent (MGA), has announced the expansion of its professional indemnity offering to the London Market. The move marks a significant step in the company’s growth, aimed at scaling its operations and providing bespoke solutions for increasingly complex professional risks. With over a decade of trading experience, Euna ... Read the full article
Newline Group appoints Christopher Moy as Head of Professional Indemnity
19th March 2026
Newline Group, a specialty insurance provider, has announced the appointment of Christopher Moy as Head of Professional Indemnity. In his new role, Moy will be based in London and will report to Andy Pecover, Chief Underwriting Officer at Newline Group. He brings more than a decade of underwriting experience. Moy joined Newline ... Read the full article
Pen Underwriting enters UK mid-market professional indemnity segment
11th March 2026
Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has officially launched in the UK mid-market professional indemnity (PI) segment, catering to firms with larger fee incomes or higher turnovers. The new offering is backed in capacity by a panel of A-rated insurers that the MGA has partnered with, which complements ... Read the full article
Consilium launches blended PI, D&O and crime policy for real estate
16th February 2026
Consilium, a specialist re/insurance brokerage, has launched a blended professional indemnity (PI), directors & officers (D&O) and crime policy to address the risks faced by real estate professionals when working collaboratively on property deals and ventures. The launch aims to address the market gap left by a single PI and D&O ... Read the full article
Arch Insurance Intl. promotes Simone Lewis to London PI Underwriting Manager
16th January 2026
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has promoted Simone Lewis to London Market Professional Indemnity (PI) Underwriting Manager. In her new role, Lewis will oversee all underwriting activities for the London Market PI portfolio, providing comprehensive coverage across a ... Read the full article
Nick Cox appointed Class Underwriter of Arrow’s newly launched International PI practice
16th December 2025
Arrow Risk Management, a specialist MGA underwriting platform, has announced the launch of its International Professional Indemnity (PI) practice and the appointment of Nick Cox as Class Underwriter. The new practice marks a significant expansion of Arrow’s Financial and Professional Lines portfolio. It has been designed to build a balanced book ... Read the full article
Amiga Specialty secures multi-year, multi-product capacity with Accelerant Risk Exchange
14th November 2025
Amiga Specialty, a Managing General Agent (MGA) focused on specialty insurance lines, has announced that it has secured multi-year, multi-product capacity through the Accelerant Risk Exchange. This agreement will support Amiga’s portfolio across Commercial D&O, Professional Indemnity, Financial Institutions, and Transactional Risks. The news comes just six months after the company’s launch, ... Read the full article
Hiscox report reveals widespread underinsurance among SMEs
10th November 2025
Specialist insurer Hiscox has published its first Global Protection Gap Report, highlighting the persistent issue of underinsurance among small and medium-sized enterprises (SMEs). According to Hiscox, nearly three-quarters of small businesses worldwide are unnecessarily exposed to risk due to insufficient insurance coverage. SMEs account for around 50% of global economic activity, making ... Read the full article
Pen Underwriting extends SiriusPoint partnership into PI
18th July 2025
Pen Underwriting, a specialist underwriting agency in the UK, has expanded its partnership with global re/insurer SiriusPoint through a new capacity deal in support of international professional indemnity (PI) risks. As per the terms of the agreement, SiriusPoint will have 100% capacity for Pen’s international PI portfolio, with its dedicated London ... Read the full article
Hiscox looks to strengthen market position with new FI offering
3rd February 2025
Specialist insurer and reinsurer Hiscox has launched a new Financial Institutions (FI) offering, providing clients with four areas of cover including Directors’ and Officers’ (D&O), Professional Indemnity/Errors and Omissions, Crime, and Cyber. The product expansion is expected to strengthen Hiscox’s position in the market, and will be led by recently-appointed Joe Dearsley, ... Read the full article
QBE appoints Andrea Marega as European Product Manager for Professional Indemnity
23rd January 2025
QBE, a global insurance and reinsurance company, has appointed Andrea Marega as European Product Manager for Professional Indemnity, a newly created role aimed at supporting updates to its underwriting operations. Marega joins QBE from Allianz Commercial, where he served as Senior Global Financial Lines Underwriter in Munich, Germany. Effective January 20, ... Read the full article
Westfield Specialty adds Craig Nugent and Joseph Beltran to its PI team
16th January 2025
Westfield Specialty International, a global insurance provider, has announced the appointments of Craig Nugent as Senior Underwriter and Joseph Beltran as Underwriter for its Professional Indemnity (PI) team. Both will be based in London and will report to Mark Fellows, Head of Financial and Professional Lines. Fellows expressed his enthusiasm for the ... Read the full article
Professional indemnity insurance rates plunge amid new competition, says Clyde & Co
10th December 2024
Professional indemnity (PI) insurance rates are falling at an unprecedented pace, with 56% of market participants predicting no rate increases in 2024, according to a new report from law firm Clyde & Co. The findings highlight the growing impact of competition from new entrants, particularly Managing General Agents (MGAs), which are ... Read the full article
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