Global wholesale solutions tailored to your requirements
We are the leading Professional Indemnity (PI) broker for Financial Advisers in the UK. With over 60% market share, our client base ranges from small firms to national networks and includes approximately a third of the UK’s top 100 Financial Advisers. We place over £20m premium per annum on behalf of the sector and have handled in excess of £80m of paid claims for IFAs in the past five years.
We have a long track record of developing bespoke solutions for Financial Advisers, in the most challenging insurance market conditions, and provide access to a wide panel of insurers. All insurers with whom we place our risks have a minimum financial security rating of A-, as provided by AM Best or equivalent, at the time of placement.
We have pioneered an exclusive multi-insurer panel facility for Financial Advisers. By spreading the risk with various insurers we remove the reliance on a single insurer’s appetite, which provides some protection to policyholders if one insurer decides to withdraw from the market.
For those firms that do not meet the requirements of our facility we are able to seek quotes from a broad range of alternative insurers.
We do not attempt to pigeon hole businesses by offering a standard proposal form so, if you would like us to seek a quote on your behalf, please call a member of our dedicated IFA team to discuss your specific requirements.
In addition to providing renewal terms, we are always happy to provide guidance on policy structure and premium. We can provide this advice at any point during the policy year.
News and features relevant to you.
The state of the market - Umesh Puri of Howden Windsor provides his views on PII market conditions for the IFA sector.
RPC's Financial Services blog is a specialist blog written with the financial services professional in mind. It provides commentary on relevant regulatory and legal developments from some of the sector's leading negligence lawyers.
Click here to visit their blog site.
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