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Financial Advisor Professional Indemnity Insurance

For many years the Insurance Market for Professional Indemnity for IFAs has been monopolised by a few large broking firms who operate tied agencies with ‘exclusive’ Insurers.

IfAs can rightly feel backed into a corner. With increases in complaints against advisers surrounding Defined Benefit transfers and pension withdrawals, there have been large increases in premiums for Professional Indemnity for IFAs.

At Butler Evans we have always maintained our market independence so we have access to a wide number of Insurers to compare quotations. All our markets are secure ‘A’ rated Insurers offering terms that comply with the requirements of regulators.

Professional Indemnity for IFAs

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About Butler Evans and our Professional Indemnity for IFAs

We are a traditional customer service focused General Insurance brokerage lead by Chartered staff with over 60 years combined Professional Indemnity market experience.

Lead Practitioner Paul Evans ACII is a Chartered Insurance Broker who spent 12 years broking Professional Indemnity in the Lloyd’s Insurance market before working for various National Brokerages in the Midlands.

Butler Evans was created to fill the increasing gap that Paul saw developing between providing advice led Insurance Broking and the sales led strategies of investors behind some of the large commercial broking firms.

We are affiliated to the Willis Towers Watson Networks giving us the strengths to support our customers with National Broker products from a Local Broker you can trust.

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“When we had problems with our existing broker who gave us very little support following a claim, we were introduced to Butler Evans who acted swiftly to help us with expert advice on dealing with the fallout and provided new insurance quotations that properly covered us for our risks at a fair cost. Butler Evans always respond in a professional and timely manner and we have no hesitation in recommending their services.”

Alastair Brennan, Director Kelvin Group