L e t U s C a r r y Y o u r W e i g h t !
IBG UNDERWRITING MANAGERS
L E T U S C A R R Y Y O U R W E I G H T
IBG UNDERWRITING MANAGERS
P R O T E C T I N G Y O U R A S S E T S
WELCOME TO IBG UNDERWRITING MANAGERS
IBG is an underwriting agency that was developed by professionals for professionals. PI COVER
The need in today’s ever changing market with regards to legislation and strict compliance environment for advisers, has seen more PI claims as well as the higher excess
structures been implemented in the market. The market has seen an increase in claims as a result of the economic conditions, and client education through the open media
highlighting a client’s rights.
PI cover is a legal requirement set down by the FSB for all FSP’s, as the need for redress has become more prevalent for the clients protection because of incorrect advice and
services. PI is there to indemnify the FSP for any Negligent Act, error or omission. This can be for both “Advice and Intermediary services”, and an indication of the difference is
whereby a client instructs an FSP to add a vehicle and the FSP fails to act, should a loss incur, this would be seen as an intermediary service.
CANCELING A POLICY
Should a client receive advice to cancel a policy and the client has had a change in health, this could have an adverse effect on a possible claim, this would fall under advice?
What we have found is the excesses imposed by underwriters have been increased dramatically, due to the increased number of claims; this is also referred to as a deductible.
Quick Links
11 Kayden Centre, 7 Arbuthnot Street,
Scottburgh, 4180.
Tel: (039) 976 1642
Cell : 068 219 8097
An Authorised Financial Services Provider FSP 36515
Tel: (039) 976 1642
IBG UNDERWRITING MANAGERS
L E T U S C A R R Y Y O U R W E I G H T
L e t U s C a r r y Y o u r W e i g h t !
IBG UNDERWRITING MANAGERS
L E T U S C A R R Y Y O U R W E I G H T
IBG UNDERWRITING MANAGERS
P R O T E C T I N G Y O U R A S S E T S
WELCOME TO IBG UNDERWRITING MANAGERS
IBG is an underwriting agency that was developed by professionals for professionals. PI COVER
The need in today’s ever changing market with regards to legislation and strict compliance environment for advisers, has seen more PI claims as well as the higher excess
structures been implemented in the market. The market has seen an increase in claims as a result of the economic conditions, and client education through the open media
highlighting a client’s rights.
PI cover is a legal requirement set down by the FSB for all FSP’s, as the need for redress has become more prevalent for the clients protection because of incorrect advice and
services. PI is there to indemnify the FSP for any Negligent Act, error or omission. This can be for both “Advice and Intermediary services”, and an indication of the difference is
whereby a client instructs an FSP to add a vehicle and the FSP fails to act, should a loss incur, this would be seen as an intermediary service.
CANCELING A POLICY
Should a client receive advice to cancel a policy and the client has had a change in health, this could have an adverse effect on a possible claim, this would fall under advice?
What we have found is the excesses imposed by underwriters have been increased dramatically, due to the increased number of claims; this is also referred to as a deductible.
Quick Links
11 Kayden Centre, 7 Arbuthnot Street,
Scottburgh, 4180.
Tel: (039) 976 1642
Cell : 068 219 8097
An Authorised Financial Services Provider FSP 36515
Tel: (039) 976 1642
IBG UNDERWRITING MANAGERS
L E T U S C A R R Y Y O U R W E I G H T
L e t U s C a r r y
Y o u r W e i g h t !
IBG UNDERWRITING MANAGERS
P R O T E C T I N G Y O U R A S S E T S
WELCOME TO IBG
UNDERWRITING MANAGERS
IBG is an underwriting agency that was developed by professionals for professionals. PI COVER
The need in today’s ever changing market with
regards to legislation and strict compliance
environment for advisers, has seen more PI claims
as well as the higher excess structures been
implemented in the market. The market has seen an
increase in claims as a result of the economic
conditions, and client education through the open
media highlighting a client’s rights.
PI cover is a legal requirement set down by the FSB
for all FSP’s, as the need for redress has become
more prevalent for the clients protection because of
incorrect advice and services. PI is there to
indemnify the FSP for any Negligent Act, error or
omission. This can be for both “Advice and
Intermediary services”, and an indication of the
difference is whereby a client instructs an FSP to
add a vehicle and the FSP fails to act, should a loss
incur, this would be seen as an intermediary service.
CANCELING A POLICY
Should a client receive advice to cancel a policy and
the client has had a change in health, this could
have an adverse effect on a possible claim, this
would fall under advice? What we have found is the
excesses imposed by underwriters have been
increased dramatically, due to the increased
number of claims; this is also referred to as a
deductible.
Quick Links
11 Kayden Centre, 7 Arbuthnot Street, Scottburgh, 4180.
Tel: (039) 976 1642 | Cell : 068 219 8097
An Authorised Financial Services Provider FSP 36515
IBG UNDERWRITING MANAGERS
L E T U S C A R R Y Y O U R W E I G H T
IBG UNDERWRITING MANAGERS
L E T U S C A R R Y Y O U R W E I G H T
An Authorised Financial Services Provider FSP 36515
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