13th October 2017
IFA PI insurance market update
Posted by: Julian Brincat, BA (Hons)
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