Lloyd's broker Howden has blasted wholesale brokers for the poor service they offer retail brokers in the medical malpractice market.
Howden executive director Lance Rigby made the criticism at the launch of its wholesale medical professional indemnity (PI) division, which will be known as Howden Medical Insurance Services (HMIS).
He said: "UK brokers have been dealt a poor hand over recent years, suffering from mediocre service standards from their wholesale partners.
They are finding it harder to get good access to markets as they are gradually cut out of the loop," Rigby said.
"We are throwing down the gauntlet to existing medical PI underwriters and significantly raising the bar on service standards to provide brokers with choice, stability, expertise and added value."
HMIS said it would be running seminars for brokers and their clients around the country. HMIS would use the seminars to address issues such as premium uncertainties, as well as encouraging long-term price stability.
Rigby will lead the HMIS team, which will include former Insurance & Risk Solutions broker Asgar Hassanali and former MIA general insurance director Sharon Brennan.
