Article tagged with 'PI'
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New professional indemnity scheme released
08 Jun 2022 - A new professional insurance programme has been unveiled by Financial Advice New Zealand, along with the insurance brokerage Curated Risk.
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PI scheme cover extended due to IT issues
28 Jul 2021 - Financial Advice New Zealand liability programme members will have their insurance liability extended for another month due to problems with IT systems and online premium quotations.
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Advisers should talk to advisers about professional indemnity
07 Jul 2021 - An experienced insurance adviser is urging financial advisers to heed their own advice and speak to an expert when it comes to Professional Indemnity (PI) cover.
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Complaints and the problem with professional indemnity insurance
22 Jun 2021 - We've all seen the renewals for various PI schemes starting to be published and it would be fair to say people are experiencing a bit of shock.
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Financial Advice NZ reveals PI renewal costs
10 Jun 2021 - Professional indemnity insurance costs are set to rise for those using the Financial Advice New Zealand liability programme over the next 12 months.
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FSCL surprised by PI insurance hikes
09 Jun 2021 - FSCL chief executive Susan Taylor has expressed her surprise at soaring professional indemnity insurance costs under the FSLAA regime.
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Why PI insurance premiums are rising
05 May 2021 - A lack of underwriting capacity and the new licensing regime have caused professional indemnity premiums to skyrocket for advisers, according to a leading insurance broker.
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No appetite for PI any longer: compliance expert
16 Dec 2020 - After NZI’s announcement regarding PI, compliance expert Steven Burgess says that PI is on its way out the door for smaller businesses, but that might not be the end of the world.
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[The Wrap] Industry blindsided by PI decision
12 Dec 2020 - Professional indemnity insurance has been a sleeper issue for years, but this week it woke up and shook its feathers.
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FMA: Advisers without PI should 'take the bull by the horns'
10 Dec 2020 - NZI surprises FMA with removal of PI cover for small advisory firms but says it is not the end of the line for these advisers.