Designed with the broker in mind.

Your clients have chosen your services because of their confidence in your ability to deliver, however mistakes or miscommunication can happen. Allegations of errors or omissions in advice, or a circumstance that results in a financial loss for your client that may result in your client pursuing you for compensation.

As a Professional Indemnity underwriter, Inperio are aware of the product choices that are available for Insurance Brokers & other FCA regulated firms at present. We believe the sector requires a fresh perspective, which is why we have built a product that delivers value and support in a firms hour of need.

How does our product protect?

The advice you offer on insurance and financial matters can be complex, placing you in a unique position of trust and responsibility with your clients. Professional indemnity protects your firm against claims made against it by a third party, primarily for professional negligence and civil liability. The policy also provides for defence costs and expenses incurred in defending a claim. In addition, it can cover you for an award made against the firm by the Financial Ombudsman Service (FOS).

Where a complaint arises against your firm which could become a claim, it can be both time consuming and expensive to defend. Our PII offering supports you in maintaining the smooth running of your business giving you piece of mind knowing that defence and resolution is being handled by our experts.

Inperio’s dedicated in-house claims team work closely with the insured to ensure best practice in handing all matters notified.

How we make things easy:

We welcome enquiries from firms with income from £250,000 up to £10,000,000 who are UK based and FCA authorised insurance intermediaries who are subject to Chapter 3 of MIPRU.

Our underwriting appetite encompasses all facets of the market writing both primary and excess layers.  We welcome enquiries from insurance intermediaries, whether specialised or generalist, directly authorised or appointed representatives, including insurance brokers, managing general agents and those that operate across both segments.

Following FCA guidance, we provide cover without inner restrictions to cover. This includes pandemic related protection.

Our protection has flexible options based on your needs including:

  1. Up to £3,000,000 limit of indemnity on an Any One Claim basis.
  2. Up to £3,000,000 limit of indemnity on an Aggregated basis
  3. Primary or Excess of Loss options if limits of indemnity need to be higher.

All options available with defence costs in addition to the limit of indemnity.

Minimum premiums start at just £6,000 + ipt.

Get in touch to find out how we can help you

Download Proposal Form

Download Highlights Sheet

Product Governance & FVA

We are experienced risk advisors and insurance practitioners, and we focus on niche areas of insurance and risk transfer, where we have built up a strong technical knowledge supporting demands that are routinely complex and wide ranging.

Get in touch with out team to find out more