Howden Insurance Brokers, the Royal Institution of Chartered Surveyors (RICS) preferred UK Professional Indemnity (PI) broker, has introduced a RiskSurv, a new PI solution for RICS regulated firms with a fee income of less than £750,000 per annum.
Howden said that it has developed the RiskSurv product to address the specific needs of smaller firms and sole traders surveying industry.
According to the Howden, the Risk Surv product, underwritten by Zurich and Barbican Syndicate 1955, is suitable for firms operating in the property sector including building surveyors, town planners and estate agents, and for different types of business, from start-up to established firms.
The firms using the product will have access to the Howden Legal Panel, which provides free advice on insurance related legal matters.
Emma Vigus, who leads the surveyors’ team at Howden said it is believed that in the past smaller firms have not necessarily received the focus they need from brokers and insurers, and Howden aims, with the support of RiskSurv, to provide that focus.