Market Intelligence

 

city of london skyline at duskThe UK Insurance Industry is a world leader. It's well regulated and in general it's a secure market in which to insure, provided you follow certain guidelines.

It's not a level playing field and your choice of professional indemnity (PI) insurer and adviser are very important for the quality of cover and the advice you are given. For example recent years have seen numerous PI insurance companies close their doors for a variety of reasons leaving uncertainty over premiums, claims and service.

PI claims can take many years to settle and so you need to be sure that the insurer is going to be able to meet their obligations in both the short and the long term.

We have over 35 years experience in the PI market and a vast amount of knowledge about the practises and quality of insurers and brokers. We have only ever placed business with A rated insurers and are therefore well qualified to advise you on the safest insurer match for your business.

We can advise you on the scope of their coverage and the viability of the premium cost, but also inside knowledge about service or security that you won’t see in any quote document but that you need if you are going to make a true informed decision on behalf of your firm.

Our reach covers the London and Regional PI markets (they are both very different!) and so we have access to the very best of both. For some facts and figures about the PI market read our guidance note here.

For advice about the best options for your firm, please call us on 0345 251 4000 or email any questions you may have to sales@professionalindemnity.co.uk.