Independent Financial Advisors Insurance
Contact the Independent Financial Advisors Insurance team020 7655 8020 Request a call back
We have the expertise to meet your insurance requirements as an Independent Financial Advisor
We truly understand the turbulence of the Professional Indemnity Insurance market for independent financial advisors in recent years. Insurance premiums have been very changeable and insurer appetite has been reducing year on year with many Insurers pulling away from the professions completely.
PI cover as part of Independent Financial Advisers Insurance has been a mandatory purchase since 1994 when under the regulation of the Personal Investment Authority. Now the profession is regulated by the Financial Services Authority (FSA) who stipulate minimum levels of required coverage that must be purchased, however the minimum level required may not always be suitable for the company’s needs.