As an IFA, the advice you give is often used in the financial decision making of your clients. If one of your clients ever considered you have acted negligently, then the potential costs involved could be astronomical, leaving you in a vulnerable position.
The last decade or so has been extremely difficult for IFA's and their Professional Indemnity insurers. We at LONMAR Professions have strong and long lasting relationships with the insurers who underwrite this class of business.
LONMAR’s experience in this sector enables us to assist IFA's closely with the presentation of proposal information to insurers and consequently to obtain superior terms than would otherwise have been the case.