Insurance brokers PII · Birmingham
PI insurance broker for Birmingham insurance broker firms
Reviewed by Apex Insurance Brokers · Published 14 July 2026
Apex places own-PII for insurance broker firms across the UK including Birmingham.
Serving Birmingham broker firms
- MIPRU 3 compliance.
- Consumer Duty expertise.
- Wholesale market access.
- Named-broker model.
MIPRU 3 framework
- MIPRU 3 minimums per claim / aggregate.
- Client-money handling attracts higher standards.
- Consumer Duty applies to retail-facing broker activity.
Frequently asked
Do Birmingham broker firms need own-PII?
Yes. MIPRU 3 requires it for FCA-authorised firms.
How much does own-PII cost?
We do not publish premium figures: fee income, headcount and the mix of work you take on, together with the limit and excess you choose and your claims record, are what move the price.
Do you handle delegated-authority PII?
Yes with specific rating.
What about wholesale and coverholder PII?
Standard MIPRU 3 covers broking; specific extensions may apply.
Does Consumer Duty affect own-PII?
Yes. Underwriters ask about implementation.
Can Birmingham brokers place own-PII with same insurer as clients?
Sometimes. Insurers may restrict for competitive reasons.
What about run-off?
MIPRU 3 requires adequate cover for ongoing tail; typically 6-12 years.
Do you serve AR broker firms?
AR firms typically covered by principal firm's PI; supplemental cover sometimes prudent.