Aon levels up PI cover with improved facility

Enhanced facility to offer up to £5m PI policy limits through regional brokers

Insurance News

By Louie Bacani

Aon Risk Solutions has enhanced its specialist underwriting facility Maven to target high-earning professionals seeking comprehensive indemnity cover.
 
The improved facility is designed for various professionals in England and Wales who earn up to £25m in annual fee income and require up to £5m of professional indemnity insurance.
 
These professionals include accountants, construction experts, solicitors and information technology and media consultants.
 
“Helping professionals to find the indemnity cover they need through their chosen broker is at the core of our strategy, and so we aim to work with a wide range of brokers to create wholesaling arrangements with Maven,” said Chris Lee-Smith, Aon Affinity managing director and director of growth.
 
“Our comprehensive criteria for professions and our willingness to cover businesses at different stages of their development, whether they are start-ups or well-established firms, should encourage brokers to approach us to utilize the facility,” Lee-Smith added.
 
This year, Maven will also expand its product offering to UK brokers while broadening its geographic reach to include Aon’s retail network in Europe, the Middle East and Africa.
 

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