Time is marching on as firms look to secure their PII for the next year. So, how are you faring?
The market this year, like the weather, is unsettled. There is a wide variation between insurers in approach, reflecting varying levels of business appetite. Recent cash calls made on Qualifying Insurers to maintain the ARP are fresh in their minds. Many firms are still waiting for renewal terms and much seems to be happening later on in this renewal period due to the SRA consultation. Some brokers may still be working to finalise their facilities with Insurers. If this continues it could cause damaging delay, leaving firms ever reducing time in which to find alternatives. Read More>>