The Professional Indemnity Insurance season always leads to a multitude of proposal forms being generated from both your exisiting broker and a host of other intermediaries professing to specialise in this area, asking you to complete and return their forms. There are only a limited number of Insurers out there and if you send your details to a multitude of brokers they end up on the same desk!
Our advice – DON’T WASTE YOUR TIME!
The reality is that there is no need to complete more than one form and equally there is no need to deal with more than two brokers in order to obtain competitive quotes. In fact quite the contrary, insurers have told us that if they see your form from too many sources, they are less likely to give it their full consideration.
The 360 Legal Group is working with Jelf Professions Ltd this year. Jelf are a highly respected brokers who have access to all leading insurers and are keen to negotiate favourable rates for our members in 2009.
Our recommendation is that you obtain renewal terms from your current brokers and allow us at 360 to work with Jelf on your behalf to look for alternatives. You can either let Jelf work from a copy of your current renewal form or complete their own bespoke form which you can download here.
Whichever way you wish to proceed then please return you completed form to Louise Gash here at 360 Legal Group to ensure that the most favourable rates are negotiated. If you have any questions then you may telephone Louise on 01275 465540 or email louise@360legalgroup.co.uk
Please don’t send 10 proposal forms out to the market – the insurers will be sick of seeing the same form from all these brokers and could refuse to quote!
For further tips on securing the best possible rates then please read further.....
