Oxford Insurance Brokers strikes PI deal with Collegiate Underwriting
Oxford Insurance Brokers has partnered with Collegiate Underwriting to launch a new professional indemnity (PI) insurance deal designed to allow IFAs to fix their premium rates for two years.
The broker claimed that with the Retail Distribution Review fast approaching and the fallout from claims into Keydata and Arch Cru on-going, rates were expected to rise as high profile insurers continued to pull out of the market.
It added that the two year product offered firms budgeting certainty.
The company is the second broker to target the IFA market in less than a week, with Aon recently announcing a tie-up with Axa designed to attract PI business from the sector.
Neill Cotton, managing
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