Is it common for Professional Indemnity Insurance coverage to be changed by the insurer without notice?
|

Is it common for Professional Indemnity Insurance coverage to be changed by the insurer without notice?

Byshowtell

Under the current insurance market conditions, it is becoming increasingly common for engineers to find their PI Insurance cover has altered in some way at renewal. Below we explain the reasons behind this and some things you can do to assist in achieving the best available insurance coverage for your business. 

Why are my PI Insurance premiums so high when I don’t consider myself a ‘high risk’ business?
|

Why are my PI Insurance premiums so high when I don’t consider myself a ‘high risk’ business?

Byshowtell

A large number of engineering businesses across many different disciplines are currently grappling with sky rocketing Professional Indemnity (PI) Insurance premiums. Below we provide an update on the current state of the PI Insurance market, explain why premiums are increasing, the disciplines most affected, and steps you can take to help minimise premium increases, and…