The insurance market has endured its most challenging period in nearly two decades. 2024 saw the entry of a number of new insurers writing risks, as well as several insurers re-entering the space, which hopefully signals that hardening rates are beginning to feel like a thing of the past. Whilst this increased competition is welcomed, as it challenges existing insurers on premium rating structures, these new opportunities for cover must be carefully scrutinised, as they can often contain significant pitfalls in meeting cover requirements.
In this exclusive online member event, Daniel White, Sales Director at Consort Insurance will explore the basics of professional indemnity and the nuances of cover, examining what efficacy cover entails and how the two can together provide a holistic approach to your insurance programme. Daniel will also provide an overview of the evolving insurance landscape, before answering questions posed by FPA members.
CPD
This webinar has been awarded 1 hour of CPD from the Fire Protection Association for members who join for the duration.
Presenter
Daniel White – Sales Director, Consort Insurance
Daniel White leads the Protection and Detection (PaD) Department. This innovative and exclusive insurance programme supports businesses in effectively managing fire risk exposure and liabilities. With over 12 years of experience in the insurance industry, Daniel is a Cert CII-qualified professional, recognised for his expertise and commitment to delivering tailored insurance solutions. His diverse client portfolio spans the fire sector and the broader construction industry, reflecting his deep understanding of these specialised markets.
About Consort Insurance
As the trusted insurance advisor to several fire industry bodies, Consort has developed an informed and robust insurance solution specifically designed for companies exposed to fire risk. In collaboration with A-rated insurers, Consort has created an exclusive insurance programme reserved for ‘Best of Sector’ organisations whose products and/or services operate within the fire industry. This unique programme, known as PaD (Protection and Detection), is not an open-market solution. Alternative insurance intermediaries do not have access to Consort’s exclusive A-rated insurer capacity or tailored wordings.
While primarily focused on the fire industry, PaD also extends its benefits to businesses operating in sectors such as construction, consulting, environmental services, professional services, and manufacturing. Premium ratings are determined based on the individual company's profile, including factors such as trading activities, claims history, management practices, and financial health.
Consort is a fully licensed general insurance broker, capable of arranging placement for complete commercial insurance programmes. As part of the SRG Group, Consort can also facilitate Trade Credit Insurance, offering a comprehensive range of solutions to meet diverse business needs. You can find out more about Consort Insurance here.