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Welcome to Indemnity Risk Solutions LLP
Our Insurance Brokers Policy provides cover to FSA regulated firms that are involved in any of the following insurances:
Personal Lines
Commercial
Legal Expenses
Health/Medical
Our policy includes cover for
Breach of Professional Duty
Loss of Documents
Dishonesty
Appointed Representatives
Financial Ombudsman Awards
To obtain a quotation, use the following options:
- Post, fax or email a copy of a currently completed proposal form
- Post, fax or email a completed IRS proposal form
- Phone us with your details which will be passed onto one of our dedicated underwriters
Professional Indemnity Regulations - Limit of Indemnity
Financial Services Authority
The minimum limit of indemnity is:
- For a single claim €1,120,000
- In the aggregate €1,680,300
(For sterling equivalent, check exchange rates)
The minimum excess for a firm which holds client money or other client assets is no more the higher of £5,000 or 2.3% of annual income (gross brokerage/commission /fees).
The minimum excess for a firm which does not hold client money or other assets is no more the higher of 1. £2,500 or 2. £1.5% of annual income (gross/brokerage/commission/fees.
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