Professional Indemnity Insurance for Insurance Brokers
Griffiths & Armour are appointed brokers to the British Insurance Brokers’ Association’s (BIBA) Professional Indemnity Insurance Panel. The value of our service to BIBA Members lies not only in specifying and procuring the right cover in first class markets, but in the consistent, fully independent advice offered on the management of risk and the support provided when claims arise.
Our ability to identify trends allows us to design insurance cover that is responsive to an ever changing environment. We see sharing that insight with our Insurance Broker clients through risk management advice as a key element of our integrated and complementary insurance and risk management proposition.
Our Unique Connections
A combination of our own experience and links with BIBA and the Chartered Insurance Institute enables Griffiths & Armour to be at the forefront of developments within the broking profession, resulting in the capability to provide informed and proactive advice.
For nearly 80 years our approach has been to fully understand the diverse risks clients face on a day-to-day basis. In turn, this understanding has formed the basis of the relationships we have maintained and developed with major and established insurers who are committed to the Professional Indemnity market. This allows us to assist their efforts to gain a more detailed appreciation of the nuances of professional risk exposures, thereby minimising surprises and securing long-term market participation.
Our overall objective is simple - to help Insurance Brokers reduce the likelihood of claims occurring and to minimise the financial impact on them when they do.
Our growing portfolio of Insurance Broker clients provides us with a detailed understanding of the various risks faced by the profession on a day-to-day basis. Our specialist team proactively provide support and involvement with claims, which allows our clients, who are often resource and time pressured, the necessary space and opportunity to continue the service they deliver to their clients.
Key Inclusive Benefits:
- Full Civil Liability wording.
- Innocent Non-Disclosure protection.
- Investigation and representation costs of up to £500,000.
- Automatic acquisition cover.
- Sunset Clause.
- Premium instalment facility at competitive rates.
- Free legal helpline.
… provided with the following assets:
- A dedicated Brokers’ in-house claims team, proactively working with clients to reduce costs when claims occur, including advice and access to first class solicitors for claims within the excess.
- Tailored risk management in the form of advice, education, publication of ‘Lessons to be Learned’ claims examples and ‘Best Business Practice’ seminars.
- Personalised service provided via offices strategically located across the UK.
Contact us for a Professional Indemnity insurance quote
To discuss a Professional Indemnity insurance quote, please contact our Broker Professional Indemnity insurance team on 0151 236 5656.
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