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Professional Indemnity Insurance for Brokers is aimed at providing protection against financial loss resulting from a legal liability to a third party, normally arising from negligent acts, errors, or omissions. Professional Indemnity insurance is a legal requirement for all Financial Service Providers.
We have partnered with finely selected Underwriters and created an FSP PI Facility which is unique and competitive, providing professional indemnity for CAT I FSP’s. Our FSP’s benefit from Underwriters substantial capacity, underwriting expertise, intellectual capital and strong claims paying ability.
These Underwriters together with Southern Cross Risk Management hold the expertise and experience needed to place the most appropriate PI to cover your needs. We also have a team of highly experienced claims handlers, backed by a strong panel of both International and South African Legal Experts / Loss Adjusters to assist with complex PI claims. Feel secure knowing that your PI insurance is placed on quality paper.
Our team works with you to ensure you are not just satisfying a regulatory requirement, but identifying real risks to the survival of your business and structuring a program which sufficiently covers your balance sheet from legal liability and safeguarding your reputation. Ultimately, we provide you, your stakeholders, and most importantly, your clients, with peace of mind.
Reach out today to discuss your Professional Indemnity Insurance needs with our specialist brokers.