
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.