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A little update from Aptus Brokers…

08th January 2024

Aptus Brokers Limited is an independent wholesale insurance broker providing a range of specialist insurance products, this month we have a brief update on the market and recent success of some of the products Aptus offer.

Broker’s Own Professional Indemnity:

The past few years have proven difficult for brokers to arrange their own professional indemnity (PI), with a large reduction in the number of insurers offering cover and increased premiums. The good news, rates are beginning to come down post COVID.

Miscellaneous PI:

Aptus can offer access to a broad panel of specialist PI markets, with the ability to place the traditional and 100’s of different miscellaneous PI risks, large and small.

They have recently quoted and had some big wins on the following: 

·         Design and construction (D&C) risks

·         Larger tech risks

·         IFA’s (with an income of above £500,000)

·         Property management

·         Property sourcing

·         Security consultants

·         Travel agents

·         Film and TV E&O

They have also obtained quotes for and placed a variety of what they like to call “weird and wonderful” risks. If you have any unusual PI risks on your desk, give Aptus a try.    

Cyber Liability:

From small to larger, more complex cyber risks

Directors and Officers: 

Their markets will consider most trades and cover can usually be extended to include corporate liability (entity cover) and employment practices liability.

Construction Liability:

Specialising in the placement of Roofing contractors (hot & cold) and Scaffolders, the Liability team at Aptus are also able to obtain quotations for; 

·     Larger demolition contractors

·     Renewable energy

·     Drainage contractors

·     Groundworks/Civil engineer

·     Project policies (insuring project duration rather than annually).

If you would like to find out more about Aptus Brokers, please get in touch with your BlinkIS Business Development Manager. They’ll be happy to help!

 FIND OUT MORE

Full underwriting terms and conditions apply, please ensure that all of the contractual documentation is read and understood prior to use. This facility is marketed and distributed by Blink Intermediary Solutions. Blink Intermediary Solutions is a trading name of Iris Insurance Brokers Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA) Register number: 310825. 

This facility is provided by Aptus Brokers Limited which is authorised and regulated by the Financial Conduct Authority Register No: 629694 and underwritten by a panel of insurers.

Access to this facility is subject to approval by the product provider only. Blink Intermediary Solutions is not part of the approval process and is not the product manufacturer. Some products/facilities are not available in all territories. The intended recipients of this content are UK FCA-regulated insurance brokers. Full details of FCA authorisations can be found at www.fca.org.uk. This information is correct at the time of production, but may be subject to change.

 

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Blink Intermediary Solutions is a trading name of Iris Insurance Brokers Ltd which is authorised and regulated by the Financial Conduct Authority (FCA) No. 310825
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