Lockton has achieved almost a quarter share of the professional indemnity (PI) market for accountants.
The Bristol-based company's professions division now controls 23% of the market. Lockton has received backing from organisations such as ACCA and CharterGroup.
Mark Bracher, executive director of Lockton's professions division, commented: “We recognise that PI insurance represents a significant expense to accountants so we have worked hard with the profession and a number of leading accountancy groups to develop solutions to suit their needs. Our success in this profession underlines our commitment to it, and is a real testament to our investment in product development, systems and personnel at our Bristol centre of excellence. We're looking forward to growing our team and further supporting this prestigious sector.”
