PII COVER
We have been able to arrange several options for members to enable them to obtain PII cover and obtain it at the most competitive cost. Through a leading City PII broker we can offer a range of solutions including a new and innovative option through a mutual insurer.
This new mutual insurance company provides IFAs with the opportunity to support their own insurance company in what has become an extremely difficult market for this class of business.
A well run, mutual scheme can offer a number of benefits as follows:
- Cover provided at "cost".
- Underwriting surpluses may be returned to members
- Cover could be cheaper than the commercial market
- Wider cover may be available (such as being FSA compliant)
- Provides much needed capacity in the current market
- Members have a say in the running of the company
If you prefer a more traditional approach, we have established a relationship with the key underwriters in this market and can assist you in getting the best possible terms. |