Broker Towergate Finch said it has formed a strategic alliance with InsurE-com to offer insur-E.office users a PI package.
InsurE-com marketing manager Paul Scanlon said: "We have used the collective buying power of our insur-E.office user base to negotiate very competitive rates which will be offered exclusively to our insur-E.office users.
"With FSA requirements coming into place, it is essential that our intermediaries have adequate PI in place at an affordable price.
"While there are certain eligibility criteria, insurers have indicated that the standard annual premium for a typical insur-E.office intermediary will be £2,550 for a £750,000 limit of indemnity.
"The premium indicated is for cover on an "each and every claim" basis, and assumes there is no financial services work, no binding authority or tied agents, no mortgage broking activities and the intermediary has an acceptable claims record."
