Mortgage Brokers PI Insurance

Quotes currently processed within 2 hours

Mortgage brokers play a vital role in advising clients and securing suitable mortgage solutions. PI insurance protects them against errors in advice, loan structuring, or compliance by covering legal costs, damages, and settlements arising from such claims.

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Features & Benefits Target Businesses Cover Highlights

Features & Benefits

  • A-rated capacity provided by Hadron or Accelerant

  • Simple risks can be quoted and bound online quickly

  • Submissions for larger risks can be manually managed by our highly experienced PI underwriting team

  • Highly competitive rates with generous commission levels

  • Quotes actioned within 2 hours, urgent cases always prioritised

  • Claims managed by a specialist PI claims management organisation, Caytons Law

Target Businesses

Well-run businesses with highly qualified and experienced staff, demonstrating a good claims experience.

Our ideal clients meet the following criteria:

  • Income up to £5 million
  • Directly authorised firms
  • No financial/investment advice

Cover Highlights

  • Maximum limit of indemnity £2 million
  • Civil liability cover
  • Defence costs and expenses in addition to the limit of indemnity
  • Unintentional libel or slander
  • Unintentional breach of confidentiality
  • Dishonest or fraudulent act or dishonest or fraudulent omission by an Employee
  • Defence costs and expenses for prosecutions under the Data Protection Act £50,000 in the aggregate
  • Loss of Documents £100,000 in the aggregate
  • Mitigation of Loss
  • Insured’s court and mediation attendance costs £10,000 in the aggregate
  • Financial Conduct Authority investigation costs £250,000 in the aggregate
  • Ombudsman awards as required in the FCA handbook
  • Minimum Approved Wording – the Policy is designed to provide the minimum insurance requirement in accordance with the rules of the Financial Conduct Authority (FCA), in force at the inception date of the Policy

Other Professional indemnity Products

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