And again. An Architect firm approached Brunel as their current insurer was pulling away from professional indemnity insurance, and therefore would not offer renewal terms.
The firm had a bad claims history – £100,000 paid in previous 2 years. The incumbent broker could not find a quote even trying through the RIBA PII Scheme.
Brunel obtained full claims information and demonstrated that they were not all alike, and it was an unfortunate coincidence that they came in at the same time.
Insurers still not keen on the risk given the amount of claims and small turnover, but due to Brunel’s strong market relationship agreed to quote and with full retroactive cover.
Client delighted and business saved.