In conclusion
Hopefully this will help prepare for your renewal and provide you with a bit more insight into how the PI market works. The market for IFAs is tough and less straightforward than it was previously, but by being proactive and concentrating on your renewal, you reduce the chance of a negative outcome. We can all hope that this is just a bump in the road for IFA PI and the situation will improve in the future.
About Daniel West Cert CII
Associate Director Daniel has been with Apex Insurance Brokers for 5 years and specialises in the placement of IFA and Financial Institution Professional Indemnity Insurance (PI). As an independent broker, Apex can offer one of the most extensive choices of IFA insurers available, with specialist sector and product knowledge to offer their clients some of the best terms available in the market. Their extensive IFA insurance experience allows them to fully understand your business, advise how to best present your risk and what insurers are best suited to your firm.
