Feb 09, 2021 business insurance

Insurance costs for professional risks continue to rise

 

Be prepared! Insurance costs for professional risks remain on the up in 2021 and we would urge all firms to begin preparation work for their renewal well in advance - to ensure your risk presentation remains ‘top of pile’ on the underwriter’s desk (or perhaps, kitchen table), and to allow your broker plenty time to negotiate alternative options if necessary.

The FT’s article below highlights some of the capacity and policy coverage restrictions being imposed across most sectors.

 

Read the FT's article here.

 

Please get in touch if you’d like our team of brokers to take a fresh look at your insurance programme this year.

 

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Blackford is a trading name of Blackford Group Limited, authorised and regulated by the Financial Conduct Authority (Firm Reference 831508). Registered Office: Blackford Group Limited, 26 Charlotte Square, Edinburgh EH2 4ET (Registered SC616744). Blackford Group Limited is an Appointed Representative of James Hallam Limited, authorised and regulated by the Financial Conduct Authority (Firm Reference 134435).

Blackford is an approved member of the British Insurance Brokers’ Association

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