Marsh Commercial is ICAEW’s preferred insurance broker for PI, cyber  and office  insurance. As well as meeting the minimum requirements set out by the ICAEW, the PI scheme also provides enhanced benefits designed specifically for members, including:

• a six year run-off period available in a block policy
• cost of court attendance compensation limit is increased for the principal partner, member or director
• cover for replacing, restoring or reconstituting physical documents
• circumstances known prior to the inception of the policy period that have not previously reported, are not automatically excluded
• cover for appointments as a director of a third party company – cover provided is only in relation to services defined by the insurer
• insurer security termination clause, allowing you to terminate the cover if the insurer’s security rating is reduced
• joint ventures – limited to acts of the insured only and excludes claims for work carried out by other parties/employees of the joint venture.

Members also benefit from packaged cover that includes PI, office, and cyber insurance, helping to eliminate gaps and overlaps in cover.