Independent Financial Advisors Insurance
We have many years’ experience which helps us to understand the insurance requirements of Independent Financial Advisors
Independent Financial Advisors specialists
01903 444 951
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Why do I need Insurance?
We truly understand the turbulence of the Professional Indemnity Insurance market for independent financial advisors in recent years. Insurance premiums have been very changeable and insurer appetite has been reducing year on year with many Insurers pulling away from the professions completely.
PI cover as part of Independent Financial Advisers Insurance has been a mandatory purchase since 1994 when under the regulation of the Personal Investment Authority.
Now the profession is regulated by the Financial Conduct Authority (FCA) who stipulate minimum levels of required coverage that must be purchased, however the minimum level required may not always be suitable for the company’s needs.
“Our priority is always the client. That’s why we aim to provide you with first class service at all times.
Our experienced team offer vast amounts of knowledge and a proactive approach to service. We will take the time to get to know your business as if it were our own.”
Martin Swann
Managing Director, Financial & Professional Risks Division
Cover can include
- Office contents (including multiple locations)
- Directors and officers liability
- Employment practices liability
- Corporate legal liability
- Trustee indemnity
- Crime/fidelity
- Public liability
- Employer’s liability
- Product liability
- Business interruption
- Group travel
- Personal accident
- Computers
- Cyber liability
- Overseas offices/staff
- Intellectual property
- Kidnap and ransom
- Identity theft
- Medical malpractice
- Legal expenses (including contract disputes)
