News & Insights
Inperio’s Insurance Intermediary Professional Indemnity Insurance is better than ever
We’re pleased to announce we’ve elevated our popular insurance intermediaries PII product. Since we launched the product last year, market options have remained few and capacity has remained limited. From the many conversations we’ve had with brokers it has become increasingly apparent that competitively priced protection is only one facet of the complex requirements needed to protect your business.
We knew this when we originally designed our product to provide practical, real protection to brokers. That’s why our wording came with – and still does come with – no warranties or conditions precedent. Just like you, we’d witnessed the problems that occurred as pandemic exclusions were imposed across 2020 and we were determined to support brokers with a product that would mitigate as much of that ambiguity as possible.
Now industries regulated by the Financial Compensation Authority can rely on the capability and underwriting expertise we’ve developed to avoid client dissatisfaction and reputational damage. An all-too-common experience for brokers is when a client makes a claim but doesn’t get the outcome the broker has forecast. Not only does this bring the professionalism of your advice into question, but it’s disruptive for your management and can lead to reputational challenges that can be tricky to recover from. If a policy does not cover a loss your client has sustained, then your PI insurance could be tested. In response to your needs, we’ve elevated our product to include cover on an Any One Claim (AOC) basis.
It’s more than just insurance. It’s a business support service. Inperio’s dedicated in-house Claims team can spring into action and work closely with you to provide expert protection as soon as you identify an issue which could give rise to a claim. Our Underwriting team are exceptional at building a relationship to get under the skin of your business. The better our understanding, the more support we can give. Our intention is to help identify and mitigate risks in the first place. But if things go wrong, our claims support and cover is second to none.
How do we access this exceptional new service we hear you ask? We’re more than happy to deal with you direct as this gives us the best possible avenue to understanding your business. But we also work through the majority of specialist PII brokers if those relationships are already established. Our unique approach provides a refreshing alternative to the market. We urge you not to hesitate to get in touch when your renewal is near.
Minimum premiums start at just £6,000 + ipt