PI broker wins exclusive access to new provider in North West
Professional Indemnity (PI) broker MFL Professional has secured direct access to a new market entrant to the solicitors’ PI market for the 2011 renewal season.
Based in Manchester and Leeds, MFL said it was one of a very small number of brokers throughout the UK to have been granted direct access to Ink Insurance's new capacity provided by First Title Insurance.
MFL claimed it had exclusive access in North West England.
Kevin McParland, managing director of MFL Professional, commented: "The PI market for law firms has been extremely tough in recent years due to rising claims costs, limited market capacity and issues relating to the Assigned Risks Pool
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