Professional Indemnity Insurance Notes

There has been some movement in markets on Professional Indemnity rates but only in the traditional classes such as solicitor Independent Financial Advisors, survey evaluation surveyors where as the other misc classes for IT, business consultants management consultant etc, rates for Professional Indemnity have stayed at very low rates and do not look like moving for some time yet.

It only follows the insurers that have put pressure on brokers and on solicitors, representing them on claims to reduce their costs and broker commissions.