Insurance Brokers PI Insurance

Quotes currently processed within 2 hours

Brokers face risks from errors in policy advice, coverage, or claims management that can cause client losses. PI insurance protects them by covering legal costs, damages, and settlements arising from such claims.

Get a Quote

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 processed within 2 hours, urgent cases always prioritised

  • Claims managed by 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 £10 million
  • Directly authorised firms
  • No in-house MGA’s (unless insured separately elsewhere)
  • No financial/investment advice
  • Up to 25% reinsurance
  • Up to 25% commercial marine or aviation

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
  • Ombudsman awards as required in the FCA handbook
  • 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
  • Defence costs and expenses for prosecutions under the Data Protection Act £50,000 in the aggregate
  • 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

Please click here for your tailored online quotation

Get a Quote

Related Products