Rising cost of Professional Indemnity (PI) Insurance – what ILP are doing to help

Oct 13, 2020 | Industry

As many of our Members will be aware the cost of PI insurance is increasing. The ILP is working with a leading Insurance Broker to help find a solution by way of an exclusive product for ILP Members.

Insurance market conditions are forcing premiums up which is affecting every business and it is likely many ILP Members will be experiencing this.

One of the ways to combat this and keep premiums down is to source insurance products as a collective i.e. organise a PI insurance scheme exclusively for ILP Members. To help our research we have a short questionnaire for interested members to complete.

Download the questionnaire here.

Once completed, please email it back to tracey@theilp.org.uk.