The fall guys
The slow down in the UK economy should be cause for concern for advisers in the housing market, as previous downturns have come with an increased risk of professional indemnity claims. Liz Booth explores the effects of this on insurers' rates and warns that brokers could also find themselves in the firing line
The newspapers are full of it, television reports too - so much so, it appears the media is in danger of fuelling a potential collapse in UK house prices. Whatever happens, there is no denying there has been a slow down in the UK's economy of late. Historically, downturns are bad news for insurers, as people start to look for others to blame and may look to a timely claim to save their business.
Advisers of every kind suddenly find themselves in the firing line, trying to justify business
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