Avoiding the elephant traps

No matter how professional a broker is, or how stringent its systems and controls are, mistakes happen. It is at times like these when a broker relies on its professional indemnity cover to support it. To add to the stress of an unhappy customer, the burden of proof is on the broker to demonstrate that the claim falls within an insuring clause.

Understandably, many brokers make their buying decision purely on the price of cover. Unfortunately, at BIBA House we regularly see examples of cases

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: