We understand the difficulties members may experience when renewing their PI policies, and we are therefore working with Howden Insurance Brokers to provide our members with access to a Professional Indemnity Insurance (PII) facility.
Professional Indemnity Insurance.
WHO ARE THEY?
Howden has a highly respected professional indemnity insurance (PII) broking team. Many of the financial team have in excess of 30 years’ experience, which means they have worked through most things: regulatory change, economic crises and fluctuating market conditions. This level of understanding allows for significant negotiating power and affords clients certain advantages.
Overview & Benefits
Howden has pioneered a PI facility for financial advisers, which is underwritten by six Insurers, all of whom share a proportion of the risk, and is currently led by Aviva Insurance Ltd. All participating insurers have a minimum financial security rating of ‘A’ as provided by AM Best or equivalent. By spreading the risk with various Insurers, it removes reliance on a single insurer’s risk appetite and protects members from difficult situations when any one Insurer decides to withdraw.
Contact & Enquiries
If you wish to discuss your current PII policy and have received your renewal quote, contact Howden to see if they can help.
TIP: Remember to quote TMA when calling/emailing them
Senior Account Executive: Professional Indemnity
D: 0207 133 1350
M: 07849 090 294
Get in touch with us today.
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