IFAs Professional Indemnity
PI for independent financial advisers and wealth managers — DB transfers, defined contribution advice, pensions and investments. FCA-aligned cover.
Why Birchin
Why Birchin for ifas.
DB-transfer aware
We know how markets price firms with historic DB transfer advice — and what makes the difference between a quote and a decline.
FCA-fluent
Cover that meets FCA capital and PI requirements, with the right exclusions and aggregate limits.
Claims-first thinking
Senior brokers manage notifications directly with you — no claims hotline.
What it covers
The cover, in detail.
- Civil liability arising from regulated advice
- Defence costs for FOS and regulatory complaints
- Cover for former advisers and appointed representatives
- Pensions, investments and DB transfer exposure (subject to underwriting)
- Loss of documents and dishonesty cover
- Run-off cover on cessation
How to get a quote
Start 90 days before renewal.
The earlier we engage, the more we can do. Ninety days gives us time to build the presentation, test the market properly, and negotiate wording — not just price.
- 01
Get in touch 90 days before renewal
The earlier we start, the more leverage we have with the market. Ninety days is the sweet spot.
- 02
Discovery & documents
A short call plus your current policy, proposal form, fee income split and claims history.
- 03
Market exercise
We build the presentation, approach the right insurers and negotiate terms — premium and wording.
- 04
Bind & handover
Clear documentation, a renewal report you can share internally, and an open line through the year.
FAQs
Questions from ifas firms.
What you can expect
The Birchin way, for ifas.
- A senior, named broker — the same person at quote, renewal and claim.
- Whole-of-market placement, chosen on merit rather than scheme convenience.
- Honest advice on limits, wording and run-off — not just the cheapest price.
- Clear documentation and a renewal report you can share internally.
Independently reviewed on Trustpilot.
Read our reviewsLet's talk about your ifas renewal.
A 15-minute call is usually enough to know whether we can do better than your current programme.