13th October 2017

IFA PI insurance market update


Posted by: Julian Brincat
Tagged: Cyber Risks, D&O Liability, Independent Financial Advisors, Professional Indemnity

In this report, we consider the current Independent Financial Adviser (IFA) Professional Indemnity insurance market conditions, with specific issues covered including:

  • Insurance premium rates and emergence of two tier market;
  • Defined Benefit transfers and SIPP issues;
  • Claims environment;
  • Peer to peer lending;
  • Robo advice and how this is viewed by Insurers;
  • New insurance covers emerging for IFAs

 

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