Inflating risks?
The severity of professional indemnity claims against brokers has ballooned over the last couple of years and for any intermediary not to take precautions is pure madness. The warnings are not just a load of hot air, says Lynn Rouse.
Professional indemnity insurance can no longer be regarded as anoptional luxury. Far from being an expensive and unnecessary overhead, it
now safeguards the very existence of professional advisers
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