Telephone: 020 7626 6789 Email: insurancesolutions@pyv.co.uk Web site: www.pyv.co.uk
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Management Liability Portfolio
Insurance (MLP)

At PYV we are constantly looking for new, innovative products that will minimise potential losses to you and your business, allowing you to trade with extra peace of mind.

The following refers to a new exclusive insurance protection designed for IFAs and Mortgage Brokers brought to you by PYV and Hiscox. Click here for the short pre-priced proposal form. It may be possible to arrange similar cover for other professions and if you are interested, please contact Lindsey Lloyd on 020 7626 6789.

Increasing risks from new legislation coupled with the UK’s fast growing compensation culture mean that FSA regulated firms and Approved Persons at those firms are exposed to even more liabilities.

For example:

  • Legal costs to defend you and your firm from FSA investigation can run into tens of thousands of pounds.

  • You are five times more likely to be taken to an employment tribunal than suffer a fire at your premises*.

There is now an insurance product that can provide expert defence for these risks and more, under one policy for added value. Click here for Claims examples.

Hiscox Management Liability Portfolio (MLP) policy

This new product is purely designed for Limited companies who are IFAs or Mortgage Intermediaries and is exclusively available through PYV. It contains cover for:

  • Directors’ and Officers’ (D&O) Liability – protecting your personal assets.

  • Employment Practices Liability – protecting you against claims from your employees.

  • Corporate Legal Liability - protecting the balance sheet of your company.

Provided you meet the required underwriting criteria, terms are pre-set and premiums start as low as £780 per annum, inclusive of Insurance Premium Tax and payable by interest-free instalments.

Please see the short pre-priced proposal form for further details. Our Terms of Business Agreement is available on request.

* Figures from Employment Tribunals Annual Report 2007
& National Fire Statistics 2006.

 

   Management Liability Portfolio Insurance (MLP)

Blue triangle For more information contact -
 
If you require any further clarification or would like to speak to one of our Insurance Specialists please do so by contacting us via:

Telephone: 020 7626 6789
  Fax: 0870 383 5080
  Email: insurancesolutions@pyv.co.uk
 

Management Liability Portfolio (MLP) Proposal Form
Proposal
Form		 Management Liability Portfolio (MLP) Policy Wording
Hiscox MLP
Policy Wording		 Management Liability Portfolio (MLP)Claims Examples
Claims
Examples



If you wish to purchase an MLP policy then please complete the short proposal form (which shows the premiums payable) and the direct debit mandate and return to us by fax 0870 383 5080, post or email to mlp@pyv.co.uk.

Alternatively, call us on 020 7626 6789.

PYV is a Lloyd’s broker that specialises in providing Professional Indemnity Insurance and also offers a highly competitive Office Combined Package.