Brokers Professional Indemnity – MUM

MUM’s BIBA-accredited product allows members the flexibility of a direct access non-advised quote from Manchester Underwriting Management. MUM, partnered with Great Lakes Insurance SE and fully backed and supported by CGPA Europe (a specialty insurer of insurance intermediaries for more than 85 years), have designed a policy with practical, real protection to brokers including comprehensive support to avoid potential PI claims.

 

Key benefits to members

–  Loss of client cover – if your business makes a loss in its P&L because of your losing a client following
the payment of a PI claim, MUM will indemnify you up to £25,000 for that loss (exclusive to BIBA
members)

–   Fidelity automatically covered (exclusive to BIBA members)

–   Covid-19 cover considered on new business and renewals

–   Dedicated Covid-19 helpline provided by  Mills & Reeve LLP

Key benefits of our service

–  Legal support in respect of your clients’ problem claims from Mills & Reeve (before a claim against you arises)

–  No contracting out of the Insurance Act 2015

–  No ‘basis clause’, no warranties or conditions precedent

–   Broad protection against innocent non-disclosure

–  Late notification protection

–   Civil liability cover including defamation, dishonesty, loss of client money and joint ventures

–   Regulatory investigation costs

–   Automatic binding authority cover

–   In-house claims handling team, to provide advice and assistance on claims and circumstances

Provider

Contact – MUM
Richard Webb

Address
Manchester Underwriting
Management Link House
St. Mary’s Way
Chesham
HP5 1HR

Telephone
01494 770 700

Email
[email protected]

Website
www.manchesterunderwriting.com