In recent years the IFA market has become heavily regulated, with only a small number of insurers willing to take on the increasing risk of providing Professional Indemnity Insurance in this market. This has led to an increase in premiums alongside a reduction in the overall level of cover, with certain risks, e.g., fund insolvency being excluded altogether. Professional Indemnity Insurance providers are focussing more on cover for professional negligence rather than compensation for financial service irregularities.
Our team at Langton London will provide access to our select group of A-rated insurers and help guide you through the complex IFA market to create a liability package with the most appropriate level of cover that suits your business requirements at a competitive premium.
