McParland Finn has finalised a new professional indemnity insurance facility, to be underwritten by Magian Underwriting Agency.
McParland Finn specialises in PI insurance for independent financial advisers.
The new facility will also allow McParland Finn to offer risk management advice to strengthen the audit trail and therefore assist in the successful defence of unfounded claims.
It replaces the old Magian mutual insurance arrangements with traditional insurer security from experienced professional indemnity underwriters at Lloyd's.
