Magnum Professional Indemnity Insurance

Magnum PII is a leading UK international internet broker. It caters for most professions requiring Professional Indemnity Insurance.

Clients of Magnum PII can choose between a full broking service or where applicable can purchase their Professional Indemnity Insurance online in minutes, with full cover and documents being issued direct to the client.

Online Compare Quote & Buy Professional Indemnity Insurance

Magnum Professional Indemnity Insurance online Quote & Buy System will ask its clients to complete a short question set and providing these have all been answered satisfactorily the system will calculate the costs of the clients Professional Indemnity Insurance in an instant there are currently 6 different PII suppliers who offer terms on the system which allows clients to compare policies and costs.

Magnum Professional Indemnity Insurance is a trading name of Professional Insurance Agents Ltd who continually strive to update and offer new providers for its clients, the current list of suppliers are:

HCC International
Hiscox
W R Berkley
Catlin
Aviva
Marketform

The company is currently in talks with 3 new leading suppliers offering Professional Indemnity Insurance policies which will expand the current compare list to what we consider to be the most comprehensive online compare Quote & Buy system in the UK for those professionals wishing to purchase (PII) Professional Indemnity Insurance to protect their companies and professional practices.

Full Broking Services for Clients Wishing to Purchase Professional Indemnity Insurance

The alternative service we offer our clients to the online, compare, quote & buy is the full broking service. This will allow our clients to obtain quotes from the full professional indemnity market not those just on the compare quotes system.

What this would involve is for the client to complete and return a proposal form which can be downloaded from our website, completed and returned back to us by email, post or fax. Once we have received the information one of our experienced brokers will acknowledge receipt and give you their contact details and forward your application onto a selection of professional indemnity suppliers, see some of the companies that we use;

AIG
Aviva
Ace
Brit
Beazley

Catlin
HCC
Hiscox
Markel
Novae

OIM Underwriting
Oval
Oxygen
PI Protect
W R Berkley

We also have many more Lloyds of London contacts where more complicated or intricate cases could be placed particularly of international clients that received Professional Indemnity Insurance.

What is Professional Indemnity Insurance Cover?

The base cover for Professional Indemnity Insurance policies will cover the following:

Defence costs & expenses
Breach of professional duty
Dishonest, fraudulent malicious acts or omission of employee
Libel or slander
Unintentional breach of confidentiality
Unintentional infringement of intellectual property rights
The loss of or damage to documents
Any other civil liability.

Clearly different insurance companies and underwriters do have wordings that may be different and some wordings offer more cover.

It is therefore important to use a specialist Professional Indemnity Insurance broker to help you through the type of covers that are available and point out any exclusions that may be detrimental to you.