PI insurer offers advisers tips to get a good insurance price

PA360 2019 revisited

Hannah Godfrey
clock • 2 min read

A senior underwriter has revealed how advisers can work with profession indemnity (PI) insurers in order to obtain a better deal on their PI cover.

Sharing a two-man panel with Personal Finance Society chief executive Keith Richards at Professional Adviser's flagship conference PA360 last week, Liberty Speciality senior underwriter Paul Freeman said key components for low PI premiums included allowing insurers plenty of time to complete the process and properly filling out forms in theh first place. Freeman explained there were so few insurers operating in the adviser market that advisers were "bottlenecking" into the underwriters insuring them. He therefore called on advisers to start the application process early because "PI firms...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read
CISI welcomes 76 Certified financial planners

CISI welcomes 76 Certified financial planners

Number of UK CFP professionals continues to rise

Sophia Panayi
clock 24 March 2026 • 1 min read
'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read