Securing competitive price and coverage on your Professional Indemnity (‘PI’) Insurance is easier than many are led to believe. The key to insurance is disclosure and governance. In this article we outline the basic tips needed to optimise your insurance and the traps to watch out for in your … [Read more...] about PI Insurance Tips and Traps for IFA’s
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 policies and the worst policies. Like all insurance … [Read more...] about Creating a bespoke Insurance policy
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 claim. We have listed 5 below: 1. Legal requirement. As … [Read more...] about How much Insurance should I buy?