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PI Insurance

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  • 01-06-2012 9:58am
    #1
    spadesaspade
    Registered Users Posts: 217 ✭✭


    Anyone any suggestions for getting PI Insurance. Having terrible trouble getting this since my previous on lapsed. Got through to a few brokers who cant seem to find anyone to insure my Engineering company?

    Please help


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    #2
    Liam D Ferguson
    Registered Users Posts: 542 ✭✭✭Liam D Ferguson


    Try David or Stephen Pike, Pike Insurance Services - years and years of experience and lots of contacts.


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    #3
    Cork Boy
    Registered Users Posts: 626 ✭✭✭Cork Boy


    Were you insured with WR Berkely? They've pulled out of the Engineering market. Essentially after the tide washed out with the property bust, a lot of shoddy work* and inadequate inspections were discovered, hence a lot of insurers are no longer writing this risk or are very slow to do so with premiums increasing by 250% and excess increasing by 500% in some cases.

    Best of luck with the hunt, I'm trying to place a similar policy for a client and it's a nightmare of decline after decline after decline :(

    *Not accusing you of anything btw but I do know of one home insurer refusing to cover houses built between 2005 - 2009.


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