In the May edition of its Intermediary Times, the Central Bank issued an update on the findings of its ongoing themed review of insurance intermediaries' professional indemnity insurance (PII). To date, the review has involved 31 intermediaries (18 of which indicated in returns to the Central Bank that they did not satisfy the relevant requirements). Key findings include that 14 intermediaries failed to maintain satisfactory PII cover on an ongoing basis (of which, nine have since applied for voluntary surrender of their insurance mediation registration on the basis that they are no longer providing services requiring that registration).