You will no doubt be well aware by now of the hardening market affecting UK based construction professional indemnity insurance risks. The number of insurers offering D&C PI has contracted, terms & coverage offered are more restrictive, limits of indemnity…read more
How will the FOS limit increase affect your business?
As a broker regulated by the FCA, there has always been a maximum limit of compensation available to your client to whom has lodged a complaint using the formal channel of the Financial Ombudsman Service (FOS). Historically this has sat…read more
Don’t Blame It on Brexit, Don’t Blame It on the Good Times, Blame It on 15 Years of Over-Capacity and Under-Pricing.
Many professionals, who have been in business for 20 years or more, may remember that the professional indemnity insurance market used to follow regular cycles of premiums falling and then rising, largely in conjunction with the macro economic cycle of…read more
