Menu
State of Play

IFA Professional Indemnity Market

The PI market for IFA’s continues to be in a state of Flux. In the last 18 months we have seen three high profile insurers exit the IFA Pi space, being DUAL Australia, Vero and most recently AXIS Speciality Australia…

Robot

Insurance for Robo Advice

Let’s start at the beginning. The purpose behind the insurance is to protect the consumer from an error in the delivery of the professional service.  So, what happens if the advice is delivered by an algorithm? Insurers will always ask…

Factors to consider

How much Insurance should I buy?

For the professional classes of insurance (PI, D&O etc) we frequently get asked this question.  There is no perfect answer but for our clients we have a process that considers over 16 factors which influence the source and/or quantum of…

Bespoke Wording

Creating a bespoke Insurance policy

There are more than a dozen Insurers who can provide PI, D&O and Crime (IMI) insurance for Asset Managers, each with their own unique policy wording.  Whilst the basic intent is the same, there is considerable difference between the best…

Policy Exclusions

Are all policy restrictions contained in the Exclusions?

It’s understandable to assume that all restrictions/limitations to your policy coverage are outlined and defined by the policy exclusions.  However this is not the case.  In fact, many restrictions to your policy coverage are contained in policy definitions (i.e. where…