70 DB transfers later: How one South Wales firm sorted its PI renewal

Despite challenges

Sophie King
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Compliance officer Derek Lavington tells PA why the firm was successful, sharing his tips and tricks for full PI renewal
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Compliance officer Derek Lavington tells PA why the firm was successful, sharing his tips and tricks for full PI renewal

There is no doubt that advisers are continuously finding the pressure of professional indemnity (PI) renewal a problem as prices rise and confidence steadily sinks. Here Sophie King talks to one firm that has successfully renewed its full PI cover with DB transfers proving no barrier...

Leabold Financial Management, based in South Wales, has recently achieved full renewal of its PI insurance, despite completing 70 defined benefit (DB) transfers, which has proven to be an obstacle for...

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