PiiBrokers are specialist professional indemnity insurance brokers for independent financial advisers, with deep market knowledge and direct access to insurers that many larger brokers cannot reach.
Professional indemnity rates for IFAs have fallen significantly in recent years. With exclusive access to A-rated insurers at the forefront of this shift in market conditions, PiiBrokers is well placed to secure the most competitive terms for your renewal — whether you are a sole adviser or a multi-office national firm.
Key Policy Features:
- Competitive premium rates without restricting coverage
- Retrospective cover for network members
- Cover for claims relating to the insolvency of financial institutions, which many policies exclude
- Cover for defined benefit pension transfer advice
- A-rated insurers across Lloyd’s and company markets
- Dedicated in-house claims management with extensive complaints resolution experience
Our Services Include:
- Cover up to £20,000,000
- Compliant policy wordings
- Bespoke wordings and endorsements can be negotiated
- Risk management advice and ancillary services
- In-house claims handling support
- Access to the Lloyd’s and London insurance markets
- Full business insurance support, including office, travel, directors and officers, cyber and commercial combined
The IFA professional indemnity market has been adversely affected by exclusions for defined benefit pension transfers and fund insolvencies. We understand that many of our clients have direct exposure in these areas. Our brokers are experienced in presenting these risks positively to insurers and negotiating terms that genuinely reflect the needs of your firm.
PiiBrokers maintains strict independence with no tied insurer schemes, ensuring we always act in your best interests. To begin the quotation process, please submit your details below and a member of our team will be in touch.
