6th September 2018

Phoenixed advisers could be refused PI cover

Tagged: Independent Financial Advisors, Professional Indemnity

Julian Brincat, Head of IFA Practice, contributes to an FT Adviser article on the the rising trend of Advisers using the approach of phoenixing. Julian quotes, "Although there are some insurers who would not consider underwriting a phoenixed firm there are those that would and depending on the information provided they would not necessarily face a higher than normal rate just because it is a phoenix."

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