Professions

Classes of business that Professions specialise in are as follows:

Professional Indemnity Insurance

Directors and Officers Liability Insurance

Financial Institutions Insurance

Medical Malpractice Insurance

Pension Fund Trustee Liability

Cyber and Data Security Liability

Programmes & Binding Authorities 

Transactional Risk Insurance

In this ever increasingly litigious world, Professional Indemnity coverage is a necessary protection for any business, large or small, that provides services or professional advice to clients. At LONMAR we pride ourselves on our expertise in ensuring the right placement to protect your business. We specialise in providing tailored bespoke products that match our client’s needs and it is of utmost importance to us and our team that we assist you in the placement of the right policy that accurately matches your requirements. 

We are unique in that; 

• We are totally transparent and confirm in advance what we will be earning and we do not seek to enhance this in any way
• We are not aligned to one insurer or a set of insurers and have therefore maintained full market accessibility
• We operate a low level management structure, which means that almost all staff are transactional and we only recruit highly experienced professional staff
• We treat each renewal as if it were a new business opportunity, for which we are actively competing against other brokers, and this ensures that we remain competitive, which is why our client retention rates are so high
• We vet the security of every insurer that we place business with and will not use below standard insurers, unless formally requested by a client to do so
• We recognise that claims handling is our shop window and therefore our claims team forms an integral part of our service team

If you are interested in speaking to us about your needs, we are able to produce a Conceptual Report, the benefits of which are:

• Independent review of your current PI programme
• No cost to the firm, if LONMAR are appointed
• No disruption to existing relationship with the incumbent broker and/or insurers
• Completely confidential