Regulatory changes and the implications for your insurance

Overview

ACCA introduced new Professional Indemnity Insurance (PII) regulations in September 2023 in response to significant changes in the PII insurance market. This session explains the changes and the implications for ACCA practitioners, and the transitional arrangements

Speakers

Ian Saxelby - Vice President, Lockton Companies LLP

Ian joined Lockton in November 2014 after a career in professional cricket which was cut short by injury. Since then, he has developed an excellent knowledge of Professional Indemnity Insurance and is responsible for new business production and client service within Global Professional and Financial Risks. He specialises in some of the more complex placements, which include Large Commercial Insurance Brokers, Accountants, Independent Financial Advisors and Solicitors. Ian's time is split between generating new clients and his portfolio of existing clients. In most cases, client requirements spill outside of professional indemnity so over the past few years he has also developed a very sound understanding of Management liability, Cyber Insurance, Crime Insurance and Office/Commercial Combined.

Catherine Davis - Vice-President, Lockton Companies LLP

Cathy has worked in the insurance industry for 38 years, with experience in all areas of the Insurance market including broking, underwriting and claims. She joined Lockton in 2001 and has specialised in professional indemnity insurance and associated products for ACCA members.