Webinar: Professional Indemnity insurance - an overview

This presentation provides an overview of Professional Indemnity (PI) insurance. It looks at the main case law underpinning the PI market, why the PI market is expanding in terms of number of policyholders needing the cover yet at the same time the capacity is decreasing.

The webinar explores the problems posed by a claims made wording and the difficulty clients have going into retirement without adequate run off cover. The presentation also looks at ensuring the correct limits of indemnity are set.

Learning Objectives
At the end of this session delegates will be able to demonstrate an understanding of:

• The main purpose of professional indemnity cover
• The case law that supports the PI market
• Why demand for PI is increasing but capacity decreasing
• The issues surrounding a claims made wording
• Why limits of indemnity are often inadequate

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