23rd September 2017

Helped IFA that was refused renewal

Tagged: Independent Financial Advisors, Professional Indemnity

An Independent Financial Adviser (IFA) came to Protean Risk when their existing Insurer refused to continue cover just a few days before the renewal was due, as a result of a recent Section166 investigation.

Through lengthy conversations with the insured we gained a thorough understanding of the level of information required during the Section 166 investigation, how they had rectified the issues and the implications for the future. The time we spent and the detail we gathered enabled us to successfully negotiate terms with an insurer providing the cover the firm needed and a competitive premium.