Inperio has signed a three-year agreement with the European programme underwriter Accredited Insurance (Europe) Limited (AIEL).
The deal will reportedly continue growth of the MGA’s Solicitor Professional Indemnity Portfolio, and also help launch a new Professional Indemnity Insurance product for independent financial advisors in the UK.
Written by AIEL, the facility increases the availability of Professional Indemnity Insurance Capacity in the UK market.
Inperio CEO Simon Lovat said: “As an MGA who specialises in the provision of professional indemnity insurance, we are thrilled to continue to grow our relationship with Accredited, both solidifying our Solicitors portfolio for a further three years as well as bringing new IFA products to the UK market.
“We have been analysing the IFA market for some time and are conscious that Independent Financial Advisors have both a lack of choice of Insurers and are often faced with products not suitable for their needs; something we look forward to changing.”
Colin Johnson, CEO of AIEL’s Program Division, said: “We are really excited to continue to support Inperio, and offer this much needed product to Independent Financial Advisors.
“The signing of this three-year partnership continues to reflect the strength of our partnership which combines Inperio’s expert underwriting and knowledge of the market with Accredited’s strong balance sheet, high quality capacity and a culture of acting swiftly to meet customers’ ever-changing requirements and market dynamics.”
He added: “This opportunity to provide policies to IFA’s offers a seamless development to the work Simon and his team already do with us and we look forward to helping more Solicitors and IFA’s with their Insurance needs over the next three years.”