Risk perspectives - Flexibility is the name of the game

Binding authorities give brokers the ability to deliver a far more flexible and tailored service to their clients. Underwriters also benefit as they cut the administrative burden of reviewing and approving each and every change in terms.

Binding authorities also empower the broker to act on the insurer's behalf and they are granted to firms that can demonstrate the highest standards of professional competence and risk management.

Given the interest professional indemnity (PI) insurers are now

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: