Tenet has launched a more "affordable" professional indemnity (PI) insurance scheme for directly authorised members, one month after the financial regulator published a review criticising some areas of the PI market.
Tenet's new scheme will be delivered in conjunction with Lloyds-registered insurance broker Protean Risk and offer advisers "high quality insurance with realistic excess levels at affordable premiums",...
'We will take decisive action and we will withdraw capital'
Meets increasing demand
Range from 24 to 59 years old
Directors to pay upwards of £6m
Sanlam on Demand
No need for wet signatures
Fees play a big part