For larger & complex risks

A director’s second opinion on your PI programme

In short: If your firm buys a substantial professional indemnity programme — higher limits, excess layers, contract-driven requirements — an Apex director will review it with you before renewal: limits against your contracts, aggregation and excess structure, wording gaps, and how your risk is being presented to the market. No fee for the review, no obligation, and no disruption to your current arrangements unless you choose to move. Apex Insurance Brokers is an independent, whole-of-market UK broker, directly authorised by the FCA (FRN 724952).

Why firms take a second opinion

Larger PI programmes drift. Limits set years ago no longer match what today’s contracts demand. Excess layers bought in a hard market are still priced like one. Wordings accumulate endorsements nobody has re-read. And a programme that is presented to underwriters the same way every year gets priced the same way every year. A structured review by someone whose job is placing substantial risks either confirms your arrangements are right — useful in itself — or shows you specifically what to change.

What we look at

The review is director-led and follows the same discipline we apply to our own placements: the limit, tested against your current contract book and worst credible claim rather than habit; the basis of cover — any-one-claim versus aggregate, and how reinstatements work; the excess structure and whether it still fits your claims profile and cash position; aggregation language, retroactive dates and the exclusions that matter for your work; continuity issues if you have changed insurer, merged or acquired; and how the risk is presented — because presentation is the part of the premium a firm actually controls.

Recent placements

Details anonymised. Every risk is different and outcomes vary — these show the kind of work we do, not a promise of the same result.

£30m professional indemnity stack for a law firm — restructured at this year’s renewal with a 25% premium saving, and the underwriters brought to the firm’s own boardroom rather than the other way round.
£400,000 placement for a fire-safety and cladding remediation specialist — a class of risk much of the market declines to quote; placed through careful presentation to the right specialist underwriters.
£25m programme for a property management business — placed and restructured while supporting the client through a substantial live claim.

How it works

Send us your current schedule and a note of renewal date, and a director — not an account handler — reviews it and comes back to you with findings in plain English. If the conclusion is that your current broker has it right, we say so. If there is something to fix, you decide whether we fix it. The review works best four to eight weeks ahead of renewal, but a mid-term conversation costs nothing.

Speak directly to a director

A director — not a call centre, not a junior.

Call 0117 325 0027 Email us your schedule

FAQ

Is the review really free?

Yes. It is how we meet firms with substantial programmes. We are remunerated in the normal way only if you later choose to place business through us, and we are transparent about that remuneration when we get there.

Will you contact our current broker or insurer?

No. The review is between us and you, based on the documents you share. Nothing changes with your current arrangements unless you instruct it.

What size of firm is this for?

Broadly: firms whose programmes involve higher limits, excess layers or contract-driven requirements — or any firm whose PI spend has become a board-level number. If you are unsure whether that is you, the phone call is short.

Apex Insurance Brokers Limited is authorised and regulated by the Financial Conduct Authority (FRN 724952). This page is general information, not advice on a specific policy.