Risk Presentation


School board with You Look Great written and a red heart

Understanding how the underwriter thinks.

A professional indemnity underwriter is not a robot and underwriting a corporate professional indemnity risk is never an exact science. They may be asked to consider anything from an accountancy firm to an international architectural practice, so the job requires a blend of intuition, skill and a good knowledge of the specific risks for many different professions.  

An underwriter may use a variety of information sources to help them to assess a risk and form their view on the quality of a firm.

The proposal form is the formal presentation of your business to an underwriter, so spelling mistakes, questions not fully answered or illegible handwriting all make a firm appear lacking in attention to detail and ultimately a less attractive risk.

In addition to the proposal form, they will often check the firm's website, look for any news or press coverage online, reviews, credit score, or visit Companies House all as part of a due diligence process.

You could be the most professional and lowest risk firm around, but if you don't present yourself in the right way to your PI Insurer, your premium might not fully reflect it.

As professional indemnity specialists, we understand how the underwriter thinks and what they are looking for. We work with firms on their risk profile to ensure they pay the best premium for their business, translating our knowledge and expertise into a premium saving.

For more information, please call us on 0345 251 4000 or email support@professionalindemnity.co.uk.