Will your PII cover meet the FCA’s expectations?

Will your PII cover meet the FCA’s expectations?

Covid-19 has certainly not made it any easier for UK brokers to secure appropriate professional indemnity insurance (PII) cover. Many now face increased premiums, excesses and exclusions – particularly around risks associated with the current pandemic. Markets...
FCA proposes PII limit increases in line with the IDD

FCA proposes PII limit increases in line with the IDD

Among the topics included in the FCA’s latest Quarterly Consultation Paper, just published, is a proposed increase of around 4% in the minimum levels of professional indemnity insurance (PII) firms must hold. The proposed increases would bring the FCA Handbook’s...

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