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Information |
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We have available specialist professional indemnity underwriters
who are able to provide extremely competitive annual premiums
without compromising cover.
For a quotation we require the attached form completing, we
look to the insurers for a quick turnaround of quotes, so the
more information provided the quicker the response will be.
If your company has details of your services on a web page please
advise.
We offer cover to all professions, we have highlighted some
below with notes you should consider if your company falls into
one of these categories. |
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Accountants |
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PI Cover is compulsory for members of the Institute of Chartered
Accountants and the Association of Chartered Certified Accountants.
The minimum limit of PI insurance required by the ICA
is two and half times the gross fees of the practice for the
last financial year, subject to a minimum of £50000 for
sole practitioners and £100000 in any other case.
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Engineers |
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With the developments in the construction industry in recent
times, along with new legislation affecting the profession
such as Housing Grants Construction Regeneration Act 1996,
professional indemnity insurance is seen as more and more
essential protection for an engineering firms balance sheet.
The level of cover is dictated by contract requirements. |
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Solicitors |
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PI Insurance is compulsory for all solicitors practising in
England & Wales. A minimum limit of indemnity of £1000000
any one claim is required by the Law Society. Since 1st Sept
2000 the market for PI Insurance has changed allowing firms
to obtain cover from Qualified Insurers, previously only provided
by the Solicitors Indemnity Fund.
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Surveyors? |
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PI Insurance is compulsory for members of the Royal Institution
of Charted Surveyors. Cover must comply with the minimum policy
wording and be placed with an approved insurer.
RICS minimum requirements are:
· £250,000 where the gross income of the practice
does not exceed £100,000
· £500,000 for gross fees between £100,000
to £200,000
· £1,000,000 for gross fees in excess of £200,000
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What do we need from you to quote? |
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Please complete
the attached form and email or fax our office for quotation
purposes, if you would prefer to discuss your Insurance requirements
in more detail please telephone our office and ask for the Commercial
Quotation department
Please click
here to download the proposal form. |
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