PROFESSIONAL INDEMNITY COVER
Insurance made smart.
Quality cover. Lower cost.
Finally, a smart product designed to support the problem of rising Professional Indemnity insurance for financial advisers. We understand your specific needs and offer quality cover at a more affordable price.
Let us take care of it. It’s easy.
WHY QUADRANT PI?
Supporting advisers.
Protecting your business.
Affordability of liability cover is a major concern amongst advisers as global market pressures drive premiums upwards.
More affordable PI cover for financial advisers.
Having PI cover is a must for being a professional in this industry. When you add climbing compliance costs and regulatory changes, many advisers are forced to settle for cover that is increasingly expensive and limited. We felt it was important to deliver a quality product, that is affordable, and easy to access, without the additional cost of having to first join a membership body or association.
Quadrant PI cover is designed to support the real liability risks facing financial advisers. We understand those risks and the evolving advice business models better than most, because we are advisers running FAP businesses too, with exactly the same concerns and issues as you.
OUR MISSION
Committed to excellence.
Competitive pricing
We are focussed on keeping premiums low and sustainable, not adding unreasonable markups at the adviser’s expense; actively working towards solutions which remains practical and affordable.
Tailored for advisers
We’ve started negotiating PI cover designed around what advisers need – with better wording and definitions, as well as a more personalised risk assessment. We will look to improve this over time.
Available policy wording
We think transparency is important, so you understand exactly what you’re covered for as advisers. That’s why, unlike some other insurers, we make your policy wording available to you.
Ongoing improvement
We are actively looking for ways to improve pricing and options for our advisers. We will keep you posted with any improvements and updates.
Keeping you in the loop
More transparency than conventional providers. We always work on behalf of the adviser and want to keep you informed at all times.
SMART RISK MANAGEMENT
Quadrant PI Cover
Let’s get you protected today!
Professional Indemnity insurance that protects you and your company against allegations of professional negligence and claims for loss or damage made by clients or third parties as a result of negligent services you provided or negligent advice you offered. Cover that meets your industry needs, while also saving on premium costs.
It couldn’t be easier. Get your quote today.
Additional Cover Options*
Protecting your business.
General Liability
If a company/adviser is required to pay compensation to a person due to a ‘personal injury’ or ‘property damage’ claim caused by the business.
*Quoted separately
Fidelity
Cover
Where the adviser has a financial loss due to dishonest acts by employees e.g. fraud.
*Quoted separately
Employment Liability
Covers employment disputes, where an adviser may have breached the contract of an employee e.g. unrightful termination, stolen wages, sexual harassment claims.
*Quoted separately
Legal Defence Costs
Covers ligation costs, like defending accusations of negligence, incompetence, statutory breach, complaints etc, rather than criminal defence cases such as theft.
*Quoted separately
Cyber & Internet
For issues caused by a company’s use of the internet, including website and email e.g. issues with spreading a virus, data loss, client privacy breaches etc.
*Quoted separately