PI insurer locks in rates for two years

The insurer said the deal, available through Oxford Insurance Brokers (OIB) would help combat the rising premiums from the Arch Cru and Keydata scandals. It offers advisers "budgeting certainty coupled with one of the widest policy wordings available", the firm said. Richard Turnbull, underwriting director at Collegiate said: "Our experience means that we are uniquely placed to understand the risks IFAs face, the regulatory environment in which they operate and the compensatory framework to which they are subject." Neill Cotton, managing director of OIB, said the fact the deal was ...