Professional Indemnity Insurance
First Underwriting provide Professional Indemnity Insurance designed for a wide range of professions, from sole traders and freelancers to larger practices. Our Professional Indemnity Combined products can be extended to include optional PL/Products, EL, D&O, and Office sections of cover.
About Professional Indemnity Insurance
First for flexibility and bespoke requirements
We cater for professionals working in a wide range of industries, and our underwriting approach is flexible to support the policyholder’s contractual requirements.
Miscellaneous
Designed for Management & Business Consultants, and information technology, creative and media, and recruitment sectors.
Construction
Our Construction product is designed for architects and engineers, designers and contractors and the water industry.
Professions
This product is for accountants and those that work in the property profession.
Why Choose Us?
- We provide our broker partners with direct access to decision makers – so you can get an answer quickly
- We only focus on specialist and niche sectors – so we really know our stuff
- We are agile and can adapt to your changing needs – we can be flexible for more bespoke requirements
- We encourage a positive and pro-active approach to risk management with a range of support tools for policyholders
- We are committed to helping our broker partners succeed – after all, what’s good for your business is good for our business
- We enjoy speaking to brokers about the products that we love, and we’re always ready to take your call
- We know it’s important to look after your customers in the event of a claim – so we provide a bespoke claims service for each individual product.
Our Financial Strength
First Underwriting were established in 2018 as a highly specialised and niche underwriting business. Our UK parent company is NSM UK Holdings, who are a UK division of NSM Insurance Group. NSM Insurance Group are the leading specialist insurance provider in the USA, with over 1m clients and over $1bn in premiums.
We have a long-term agreement and partnership with our underwriting partners Accredited Insurance Europe Limited (AIEL).
AIEL are wholly owned by Onex Partners, who have offices in North America and Europe and are listed on the Toronto Stock Exchange (ONEX).
A Rated Insurers
AIEL’s credentials:
- AIEL are rated as A- with a “stable” outlook by A M Best
- AEIL trade through a UK branch which has been approved by the Prudential Regulatory Authority.
- Their underwriting programme is supported by A-rated insurance, provided by some of the largest and most secure insurers and reinsurers in the world
- All policies underwritten by AEIL are backed by the UK Financial Services Compensation Scheme
Other Products
We have an extensive range of specialist insurance products which are available to our broker partners. First Underwriting continually enhance and develop our product range, in partnership with brokers, to ensure that they are relevant and meet the needs of brokers’ customers. All of our products are underpinned by sustainable pricing coupled with excellent service from experienced underwriters and a first class claims service.
