Professional Indemnity - Fire Safety Engineers, Passive Fire Protection and Non Passive Fire Protection
Professional Indemnity - Fire Safety Engineers, Passive Fire Protection and Non Passive Fire Protection
Professional Indemnity - Fire Safety Engineers, Passive Fire Protection and Non Passive Fire Protection
28 Nov 2022
As the PI industry continues to differ day by day and leave us all with a rollercoaster of emotions, it is clear there is still one area suffering which is the fire safety industry.
We are all noticing new or different clauses being applied at renewal from the IUA clauses which gave no retroactive cover, which are now being modified to give a year and in some cases 2 years, to countless variations of Fire Safety clauses - some offering Rectification only cover. From the conversations we are having, a lot of clients are being left confused with what they are purchasing at renewal, due to this it couldn’t be a more important time to be partnering with a professional who understands your sector and can explain the changes being applied to your policy at renewal.
It also couldn’t be a more imperative time to work with a wholesaler who can offer your clients options at renewal which allow the insured to invest in the broadest cover available.
Where do Servca come in?
At Servca we spend time reviewing each business under its own merit, working with our partners to understand the exposure and underwrite each risk as fair as possible.
We are fortunate to be extremely well connected in the market and thanks to the effort of our team we are continuing to grow in the right way and along with this our strength in the market is becoming stronger and stronger.
Give us a shout a few weeks before your clients renewal is due and we will work with you to provide the relevant forms needed, highlight additional information needed, so we can build a thorough submission for the market and arrange the best terms available for your client
We are all noticing new or different clauses being applied at renewal from the IUA clauses which gave no retroactive cover, which are now being modified to give a year and in some cases 2 years, to countless variations of Fire Safety clauses - some offering Rectification only cover. From the conversations we are having, a lot of clients are being left confused with what they are purchasing at renewal, due to this it couldn’t be a more important time to be partnering with a professional who understands your sector and can explain the changes being applied to your policy at renewal.
It also couldn’t be a more imperative time to work with a wholesaler who can offer your clients options at renewal which allow the insured to invest in the broadest cover available.
Where do Servca come in?
At Servca we spend time reviewing each business under its own merit, working with our partners to understand the exposure and underwrite each risk as fair as possible.
We are fortunate to be extremely well connected in the market and thanks to the effort of our team we are continuing to grow in the right way and along with this our strength in the market is becoming stronger and stronger.
Give us a shout a few weeks before your clients renewal is due and we will work with you to provide the relevant forms needed, highlight additional information needed, so we can build a thorough submission for the market and arrange the best terms available for your client
Global Headquarters
Servca Group
Dukes House
32-38 Dukes Place
5th Floor
London, EC3A 7LP
United Kingdom
+44 (0) 207 2250000
info@servca.com
Broker at Lloyd’s SLM1389
European Office
Servca Europe
Dragonara Business Centre
Dragonara Road
5th Floor
St Julian’s, STJ 3141
Republic of Malta
eu@servca.com
Broker at Lloyd’s (Brussels) SLM1883
Canadian Office
Servca Canada Insurance Group Inc
40 King Street West
Suite 2100
Toronto
M5H 3C2
Canada
canada@servca.com
Non-regulated servicing company
Northern Ireland
Servca Northern Ireland
River House Belfast
48-60 High Street
Belfast
BT1 2BE
+44 (0) 2895582000
ni@servca.com
Broker at Lloyd’s SLM1389
© 2024 Servca
Servca Group Ltd is a private limited company registered in England and Wales; Registered Number: 7727494; Registered Office: Dukes House, 32-38 Dukes Place, 5th Floor, London, EC3A 7LP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Servca European Insurance Brokers Ltd (a private limited company incorporated in Malta and enrolled to act as an insurance broker); Tower Business Centre, Level 3, Tower Street, Swatar, BKR, 4013, Republic of Malta. Servca Canada Insurance Group Inc, a private limited company incorporated at 40 King Street West, Suite 2100, Toronto, M5H 3C2, Canada. Servca group of companies are owned and operated by Servca Group Holdings Ltd, a private limited company registered in England & Wales.
Global Headquarters
Servca Group
Dukes House
32-38 Dukes Place
5th Floor
London, EC3A 7LP
United Kingdom
+44 (0) 207 2250000
info@servca.com
Broker at Lloyd’s SLM1389
European Office
Servca Europe
Dragonara Business Centre
Dragonara Road
5th Floor
St Julian’s, STJ 3141
Republic of Malta
eu@servca.com
Broker at Lloyd’s (Brussels) SLM1883
Canadian Office
Servca Canada Insurance Group Inc
40 King Street West
Suite 2100
Toronto
M5H 3C2
Canada
canada@servca.com
Non-regulated servicing company
Northern Ireland
Servca Northern Ireland
River House Belfast
48-60 High Street
Belfast
BT1 2BE
+44 (0) 2895582000
ni@servca.com
Broker at Lloyd’s SLM1389
© 2024 Servca
Servca Group Ltd is a private limited company registered in England and Wales; Registered Number: 7727494; Registered Office: Dukes House, 32-38 Dukes Place, 5th Floor, London, EC3A 7LP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Servca European Insurance Brokers Ltd (a private limited company incorporated in Malta and enrolled to act as an insurance broker); Tower Business Centre, Level 3, Tower Street, Swatar, BKR, 4013, Republic of Malta. Servca Canada Insurance Group Inc, a private limited company incorporated at 40 King Street West, Suite 2100, Toronto, M5H 3C2, Canada. Servca group of companies are owned and operated by Servca Group Holdings Ltd, a private limited company registered in England & Wales.
Global Headquarters
Servca Group
Dukes House
32-38 Dukes Place
5th Floor
London, EC3A 7LP
United Kingdom
+44 (0) 207 2250000
info@servca.com
Broker at Lloyd’s SLM1389
European Office
Servca Europe
Dragonara Business Centre
Dragonara Road
5th Floor
St Julian’s, STJ 3141
Republic of Malta
eu@servca.com
Broker at Lloyd’s (Brussels) SLM1883
Canadian Office
Servca Canada Insurance Group Inc
40 King Street West
Suite 2100
Toronto
M5H 3C2
Canada
canada@servca.com
Non-regulated servicing company
Northern Ireland
Servca Northern Ireland
River House Belfast
48-60 High Street
Belfast
BT1 2BE
+44 (0) 2895582000
ni@servca.com
Broker at Lloyd’s SLM1389
© 2024 Servca
Servca Group Ltd is a private limited company registered in England and Wales; Registered Number: 7727494; Registered Office: Dukes House, 32-38 Dukes Place, 5th Floor, London, EC3A 7LP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Servca European Insurance Brokers Ltd (a private limited company incorporated in Malta and enrolled to act as an insurance broker); Tower Business Centre, Level 3, Tower Street, Swatar, BKR, 4013, Republic of Malta. Servca Canada Insurance Group Inc, a private limited company incorporated at 40 King Street West, Suite 2100, Toronto, M5H 3C2, Canada. Servca group of companies are owned and operated by Servca Group Holdings Ltd, a private limited company registered in England & Wales.