https://apexinsurancebrokers.co.uk/news/Professional indemnity and commercial insurance news for UK firms from Apex Insurance Brokers.en-gbMon, 07 Sep 2026 10:00:00 +0100https://apexinsurancebrokers.co.uk/wp-content/uploads/2026/05/apex-real-logo.png.pnghttps://apexinsurancebrokers.co.uk/news/https://apexinsurancebrokers.co.uk/news/companies-house-identity-verification-november-2026-deadline/https://apexinsurancebrokers.co.uk/news/companies-house-identity-verification-november-2026-deadline/Mon, 07 Sep 2026 10:00:00 +0100The 12-month transition that began on 18 November 2025 ends on 18 November 2026. Existing directors must verify before their company’s next confirmation statement is due; failing to do so is an offence.RegulationMatthew Bartletthttps://apexinsurancebrokers.co.uk/news/solicitors-pii-renewal-october-2026-90-day-cliff/https://apexinsurancebrokers.co.uk/news/solicitors-pii-renewal-october-2026-90-day-cliff/Mon, 07 Sep 2026 09:30:00 +0100Many firms still renew on 1 October, the old common renewal date. A firm that cannot renew gets 90 days of cover from its last insurer — and can take no new work for 60 of them.Professional indemnityMatthew Bartletthttps://apexinsurancebrokers.co.uk/news/apex-pi-premium-index-2026-published/https://apexinsurancebrokers.co.uk/news/apex-pi-premium-index-2026-published/Mon, 07 Sep 2026 09:00:00 +0100Architects billing around £150,000 a year typically paid £1,130 to £2,070 for £1m of cover; accountants pay the lowest rate of any profession. The Index is built from around 940 of Apex’s own placements.Market dataMatthew Bartletthttps://apexinsurancebrokers.co.uk/pii-insight-defence-costs-inside-or-outside-limit/https://apexinsurancebrokers.co.uk/pii-insight-defence-costs-inside-or-outside-limit/Mon, 07 Sep 2026 09:00:00 +0100Two professional indemnity policies can carry the same headline limit and behave completely differently when a claim arrives — because one meets the cost of defending you on top of that limit, and the other takes it out of the limit.Professional indemnityMatthew Bartletthttps://apexinsurancebrokers.co.uk/news/apex-publishes-independence-charter-not-for-sale/https://apexinsurancebrokers.co.uk/news/apex-publishes-independence-charter-not-for-sale/Sun, 06 Sep 2026 17:30:00 +0100Eight dated commitments, signed by a director, after a decade in which most of the UK’s best-known professional indemnity specialists were bought.Company newsMatthew Bartletthttps://apexinsurancebrokers.co.uk/pii-insight-pi-tower-excess-layers/https://apexinsurancebrokers.co.uk/pii-insight-pi-tower-excess-layers/Mon, 31 Aug 2026 09:00:00 +0100A larger firm rarely buys its whole professional indemnity limit from a single insurer. Instead the cover is built as a “tower” — a primary policy with one or more excess layers stacked above it. It is an efficient way toProfessional indemnityMatthew Bartletthttps://apexinsurancebrokers.co.uk/pii-insight-aggregation-and-your-pi-limit/https://apexinsurancebrokers.co.uk/pii-insight-aggregation-and-your-pi-limit/Mon, 24 Aug 2026 09:00:00 +0100An aggregation clause decides whether several related claims count as one claim against your professional indemnity limit or as many. For a larger firm buying a layered programme, that single word — “related” — can bProfessional indemnityMatthew Bartletthttps://apexinsurancebrokers.co.uk/pii-insight-building-safety-act-liability-tail/https://apexinsurancebrokers.co.uk/pii-insight-building-safety-act-liability-tail/Mon, 17 Aug 2026 09:00:00 +0100The Building Safety Act 2022 sharply lengthened how long construction professionals can be sued over defective work — up to 30 years for some completed projects. Because professional indemnity insurance responds on a claims-made basis, thatProfessional indemnityMatthew Bartletthttps://apexinsurancebrokers.co.uk/pii-insight-fair-presentation-pi-proposal/https://apexinsurancebrokers.co.uk/pii-insight-fair-presentation-pi-proposal/Mon, 10 Aug 2026 09:00:00 +0100When your firm buys professional indemnity insurance, the law requires you to give the insurer a fair presentation of the risk . Get it right and your cover holds. Get it wrong — even by honest oversight — and the insurer can charge more, cProfessional indemnityMatthew Bartletthttps://apexinsurancebrokers.co.uk/pii-insight-why-pi-premiums-rise-and-fall/https://apexinsurancebrokers.co.uk/pii-insight-why-pi-premiums-rise-and-fall/Wed, 05 Aug 2026 09:00:00 +0100Professional indemnity insurance moves in cycles. When claims are heavy, capacity is scarce and reinsurance is dear, the market hardens and cover becomes tighter and costlier. When results improve and insurers compete for businessProfessional indemnityMatthew Bartletthttps://apexinsurancebrokers.co.uk/pii-insight-run-off-cover-when-you-retire-or-sell/https://apexinsurancebrokers.co.uk/pii-insight-run-off-cover-when-you-retire-or-sell/Wed, 05 Aug 2026 09:00:00 +0100Professional indemnity insurance is almost always written on a “claims-made” basis, meaning it only responds while a live policy is in force. When you stop trading, that cover stops with you — yet claims can still arrive years latProfessional indemnityMatthew Bartletthttps://apexinsurancebrokers.co.uk/pii-insight-preparing-for-your-pi-renewal/https://apexinsurancebrokers.co.uk/pii-insight-preparing-for-your-pi-renewal/Wed, 05 Aug 2026 09:00:00 +0100A strong professional indemnity renewal is won in the weeks before your deadline, not the days. Start early, tell your firm's story clearly, put your claims and risk-management record in order, and give underwriters a complete, weProfessional indemnityMatthew Bartlett