Tailored Cover

Making sure the cover perfectly fits your business.

If you are a professional services business with more complex insurance requirements you need an insurance broker to arrange professional indemnity insurance tailored to your firm. 

Most professional firms of a certain size will require some tailoring of their professional indemnity insurance to ensure the cover fits their business perfectly. This could be anything from a small policy endorsement to a full claims handling delegated authority to make settlements up to a pre-agreed level.

Your policy is probably protecting your firm against work carried out since the date of establishment and any structural changes to the business along the way may still need to be added in by special endorsement or by tailoring.

Insurance brokers control 86% of UK commercial insurance premium. For professional indemnity (PI) insurance, the percentage is even higher. For good reason, only a small percentage of commercial insurance premium is placed by policyholders directly with insurance companies.

This is why the vast majority of professional services firms use an insurance broker to ensure accuracy of cover, value for money and peace of mind. If you are one of the few firms who don't use a broker, please read our guide: Why You Need An Insurance Broker - you'll be glad you did.