Royal & Sun Alliance has launched a new Professional Indemnity cover for small and medium sized businesses.
RSA recently acquired SME Pi specialist Martello Underwriting Ltd which is allowing the insurer to extend its PI offering to a wider range of professions in the SME market.
PI protects a business’ interests against claims for error or professional negligence but RSA’s policy can be extended to include legal expenses insurance, employer liability, public liability, and directors and officers liability.
RSA director of professional and financial risks Aaron Devitt says: “Martello’s great experience with smaller businesses has allowed us to develop our PI proposition for SMEs.
“We remain committed to monitoring and understanding the changes occurring in our customers’ industries and recognise that each business has its own specific needs.”