The Environcom case was only the tip of the iceberg in clarifying a broker’s duties.

The GISC Code the ABI Code, ICOBS and other codes of conduct linked to recent and past case law make it clear that certain things must be done to protect the customer and then to protect the broker.

The RWA PI survey is unique and designed specifically to help a broker reduce the risk of PI claims.

 

"A broker has a duty to ensure his client fully understands what he is buying, what must be disclosed to an insurer, the effects of disclosure (or non disclosure), what a material fact may be, make full enquiries of all incidents whether or not they led to a claim and also, fully understand the nature of the industry in which the client is engaged and the specific requirements and risks applicable to that industry. The RWA PI survey will assess the risks to your business from a successful PI claim."
- Robin Wood
 
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