Expanded PI Offering to Support Mortgage Brokers
8 July 2025
We have expanded our successful Professional Indemnity (PI) proposition to include mortgage brokers, further enhancing our suite of specialist insurance solutions for regulated professionals.
The new offering meets the FCA’s minimum insurance requirements and provides limits of indemnity up to £2 million in the aggregate, giving mortgage brokers the flexibility and confidence they need in their cover.
The product is underpinned by A-rated capacity and provides flexible access—either via our online quotation portal or through manual referral to its PI underwriting team for larger or more complex submissions. Quotes are typically returned within a day, with urgent cases fast-tracked.
Commenting on the launch, Steve Cowman, Managing Director at NBS, said: “The addition of mortgage brokers to our PI offering reinforces our position as a responsive and forward-thinking MGA. We’ve built this product to reflect the realities of the market—balancing regulatory requirements with the speed, flexibility and support brokers expect.”
We continue to enhance our PI solutions to meet the evolving needs of regulated professionals. The addition of mortgage brokers to our portfolio reflects the MGA’s ongoing commitment to offering brokers a broad range of products that support their clients’ needs.
To get a quote or find out more, visit our PI product page or to discuss a complex case get in touch with the PI team directly on 0333 032 5000.