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Demystifying Professional Indemnity (PI) Insurance: Basic Concepts in a Global Environment

Written by Stelios Miltiadou, Chartered Insurer Professional Indemnity (PI) Insurance, also known as Professional Liability or Errors & Omissions (E&O) typically constitutes a segment of Financial Lines departments, which may also be named as FinPro or simply Professional Lines. What is at risk? Insurance is form of risk management, specifically it is a pre-loss risk […]

The season of the Motorbikes

Pedestrians, cyclists, and motorcycle riders also share the roadways with all vehicle operators on a daily basis. These road users have less protection than drivers of other types of vehicles. Be cautious when operating your vehicle around pedestrians, cyclists, and motorcycle riders. Here are some tips to help you drive safely when there are motorcycles […]

2024: An important election year

Written by Michaela Koller, Director-General, Insurance Europe 2024 is a pivotal year for global politics, with elections impacting half the world.  In the EU, citizens took to the polls to elect the next European Parliament which  sits for the first time on 16 July. The elections kick-started a series of institutional changes, including the European […]

Emerging Trends in the Directors’ & Officers’ (D&O) Liability Landscape

Cyprus Insurance News Team
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Written by Stelios Miltiadou, Chartered Insurer Directors’ & Officers’ (D&O) Liability Insurance has come a long way since it was first introduced in the wake of the Wall Street Crash of 1929. However, this type of insurance is not, unlike some other types of commercial insurance contracts, compulsory and many companies choose not to take […]

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