Professional Indemnity

 

At Axiom Underwriting we are committed to providing our carefully selected trading partners a professional indemnity insurance product that they can utilise for the majority of their clients, as it provides good quality cover at a competitive premium.

 

We specialise in providing professional indemnity to meet the needs of the intermediary, backed by direct access to experienced underwriters, who are able to make decisions, with the backing of our capacity provided by Arch Insurance. Arch Insurance Company (Europe) Limited are majority owners of Axiom Underwriting which means our authority levels are aligned with each other and we are tasked to drive the development of UK SME regional PI business.

 

Summary of Product Features Available and Optional Covers

  • Any one claim Limits, defence costs and expenses in addition to the limit provided
  • Territorial and Jurisdiction limits can be extended to Worldwide
  • Maximum Limit of Indemnity £5m (shortly launching a facility to write up to £10M)
  • Loss of Documents
  • Pollution cover
  • Asbestos cover
  • Innocent Non-Disclosure
  • Full Civil Liability Cover
  • Free Collateral Warranty / Contract Checking Service and Legal Advice Helpline

Range of Discounts

Our product is ideal for UK SME business providing excellent cover, reinforced by a customer focussed claims service. We aim to reward clients with a variety of discounts where positive features exist, such as
 

  • Risk Management
  • Good claims history
  • Increased excesses
  • Retroactive date inception

Why Axiom

  • Specialist underwriting experience backed by Arch Insurance 'A'-rated security.
  • Priority response times; we know this is important to you and your clients.
  • Availability of other products to compliment Professional Indemnity.
  • No admin fees. We know it is a competitive market and we want to help you win and retain clients.
  • We aim to issue policy documentation within 24 hours of binding instructions.
  • We are able to offer Public Liability and Employers Liability if brought with our Professional Indemnity Product.

 

 

Claims Service

We are committed to a fast, efficient, customer focussed claims service. We will keep you informed on the progress of a claim at all times.


Acceptable Risks

  • Accountants
  • Architects
  • Design and Construct
  • Employment Agents
  • Engineers
  • Estate Agents
  • Technology
  • Management Consultants
  • Media
  • Miscellaneous
  • Property Consultants
  • Surveyors
  • Trade Associations

Unacceptable Risks

  • Independent Financial Advisors
  • Insurance Brokers
  • Solicitors

Credit/Payment

Settlement through monthly statement of account, net of initial broker commission.

  

Proposal Forms

Accountants Proposal Form

Architects and Engineers Proposal Form

Design and Construction Proposal Form

IT & Communications Proposal Form

Marketing, Media and Adverting Proposal Form

Specialist Consultants Proposal Form

Surveyors and Property Consultants Proposal Form 

 

Contact Information

If you would like more information on any of the above please contact:

David Filtness: david.filtness@axiomunderwriting.co.uk or call 01622 742045.