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Collegiate direct PI for small firms

Collegiate is offering professional indemnity cover for smaller IFA firms which deals directly with the firm.

Collegiate Direct will launch in September and is targeted at – but not limited to – adv-iser firms with a turnover of less than 200,000 which are not serviced by insurance brokers because of their size.

Head of underwriting Richard Turnbull says smaller firms represent a lower overall risk profile so the application process will be simplified.

He says applicants complete a short proposal via email or through the firm’s website.

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