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Collegiate direct PI for small firms
24 August 2006
Money Marketing-24-Aug-2006
Collegiate is offering professional indemnity cover for smaller IFA firms which deals directly with the firm.
Collegiate Direct will launch in September and is targeted at - but not limited to - adviser firms with a turnover of less than £200,000 which are not serviced by insurance brokers because of their size.
Head of underwriting Richard Turnbull says smaller firms represent a lower overall risk profile so the application process will be simplified.
He says applicants complete a short proposal via email or through the firm's website.
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