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Analysis: Broker PI rates going 'through the roof'

Through roof
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As brokers grapple with soaring professional indemnity rates and attention sharpens on the potential for claims in the wake of the ongoing Financial Conduct Authority business interruption court case, Post investigates what the eye-watering price changes could mean for the sector.

The trebling or even quadrupling of premium rates for broker professional indemnity insurance is in part due to the impact of Covid-19 and partly because rates have been too cheap for too long

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