The Insurance

Introduction

Randell Dorling Limited, at the request of PCG, developed an automated facility to provide three coverages in one package: Professional Indemnity, Employers' Liability, Public Liability (PI, EL and PL) and an optional Equipment Insurance.

With effect from 1st January 2006, Royal & Sun Alliance Insurance plc agreed to underwrite this facility.

The fact that insurers have been able to look at a portfolio of business which is generally similar in size and exposure has allowed them to pass in savings to the individual members by way of bulk purchase.

Individual members who do not at first fit the Insurers criteria can in the most part obtain insurance from this program. In these instances, the individual member is individually underwritten by the Insurer.  

Indeed, the majority of enquiries can be automatically quoted and bound via the website providing that they fall within the following criteria:

The individual member:

1. has an annual turnover of less than £500,000
2. has experienced no claims or circumstances that could give rise to a claim
3. has no USA/Canada liability
4. does not need broad sub-contractors coverage
5. does not need pollution extension
6. does not require asbestos coverage (other than as provided by the statutory £5,000,000 Employers' Liability)
7. does not require terrorism coverage (other than as provided by the statutory £5,000,000 Employers' Liability)

Aside from accepting payments by cheque, a credit card facility for most Credit and/or Debit cards is available (No Diners cards).

The Package 

Covers currently offered are:

1. Professional Indemnity
2. Public Liability
3. Employers' Liability

N.B.

1. Limits Excess of £1,000,000 for 1 and 2 above can be supplied upon an individually underwritten basis.
2. Policies can currently be backdated to the 1st March 2003 subject to individual underwriting.

Optional Coverage:

• Equipment Insurance

With reference to all individual members purchasing the package described above, each individual member needs to sign and date the proposal form and return it to Randell Dorling Limited within 30 days. Any incomplete forms will not be processed and will be returned to the applicants until the forms are properly completed. The completion of the forms are essential, to comply with the Insurers' underwriting criteria.

Other Available Coverages

Blackmore Borley Limited, the parent company of Randell Dorling Limited also provides the following facilities:

• Regulatory Insurance (www.reginsurance.com )
• Aviation Engineers Insurance (www.aviationinsure.com )
• Railway Telecommunications Engineers Insurance

For further details of the schemes and the products that can be purchased, please visit the websites above or call us on 0207 929 4616.