RISK MANAGEMENT

Risk services designed with the client in mind

At Prime Professions, we believe that the placing of a PI insurance policy is the end of a process rather than an isolated event.  That process involves understanding the risks associated with a firm's activity in order that the most appropriate risks are transferred at the most competitive terms.  Not all risk can be transferred by purchasing Professional Indemnity Insurance. There are many examples where professionals have experienced damage to their reputation, lost clients, wasted management time, paid a number of excesses and then seen higher PI Premiums at the next renewal. There is also an ever increasing pressure on many firms endeavouring to meet the requirements of their regulator. 
Risk Management is about profitability.

Through the introduction of Risk Management, firms should reduce the likelihood and severity of PI claims.  The Risk Management Division at Prime Professions offers many solutions.  Our analysis, training and seminars help you find the best way to manage risk across your business.  These services are agreed on a stand-alone basis or integrated into our insurance broking services. 

To find out more, please contact Colin Taylor on 020 7173 2100 or click here to email him.  Alternatively email either Tony Stovold or Glenda West or call them on 020 7173 2100.