Solutions wins Top Insurance Employers 2024

Exciting news for Solution - we’ve been acquired by CFC

We know that professional services such as accountants, financial planners and engineers require professional indemnity insurance to protect them for the advice they provide, however the exposure or alleged exposure for financial loss is not isolated to professional services such as these. This is where the Errors and Omissions (E&O) extension on a general liability policy can potentially come into play.

Solution aims to take the pain out of renewals with claims. In this article, our financial lines underwriters discuss renewals with claims, what they are looking for and how brokers can ensure a smoother experience for themselves and the client.

For the third year running, Solution has been named one of the 5-Star Diversity, Equity and Inclusion award winners.

With everchanging regulations and an increasingly litigious environment, it can be difficult for small and medium businesses to keep on top of their legal obligations and compliance requirements. Faced with complex contracts, lease agreements and employment policies, without adequate advice, SME businesses can quickly find themselves in tricky – and expensive – situations.

Insurers can look to limit their exposure to consequential financial loss by limiting claims to rectification costs only and excluding consequential losses…

Does your client know what they are agreeing to when they sign a new contract?

With seven heads of cover, Solution’s legal expenses insurance coverage is complementary to other classes of insurance and can help curb the need for full-scale litigation. The following hypothetical claims examples demonstrate how coverage may respond.