Brit Insurance launches PI on PowerPlace

PowerPlace today announces that Brit Insurance, the international general insurance and reinsurance group, has launched its Professional Indemnity cover on to the online commercial marketplace. An ‘A-rated insurer’, Brit Insurance specialises in commercial insurance which it distributes exclusively through carefully selected brokers and intermediaries.

Vivek Banga, Head of UK Distribution, Brit Insurance says: “Following last year’s launch of our D&O product on PowerPlace, we’re delighted to make our Professional Indemnity product available to PowerPlace’s growing panel of brokers. We have had considerable success selling PI through electronic channels and are delighted to be working with PowerPlace to offer this product”.

Brit Insurance offer amongst the widest insurance protection by professional indemnity specialists in the market today. Its Professional Indemnity product covers any legal liability arising from the conduct of the insured’s professional business, providing professional protection from the traditional risks to pet therapists and funeral directors.

Other benefits include:

• Awards made by the Ombudsman covered as standard
• Cover for criminal prosecution defence costs and legal representation costs
• Full retro-active cover available
• Limit of indemnity can be Aggregate or Any One Claim (AOC)
• 24/7/365 UK claims support helpline.

• Nick Giddings, Commercial Director, PowerPlace, adds: “We’re delighted to extend the range of products made available by Brit Insurance to brokers using PowerPlace. We are committed to building a complete proposition surrounding the more complex, specialist liability covers like professional indemnity and D&O and this latest launch takes us one step nearer to fulfilling that ambition.”