Aqueous Underwriting has secured increased capacity for UK professional indemnity insurance risks in 2022. The managing general agent can now offer cover for limits up to £10m, on either a primary or excess layer basis, or a combination of both. The new excess layer capacity comes through the addition of Great American International Insurance (UK) Limited to its panel of providers.

Mark Ford, chief underwriting officer at Aqueous, said: “This is an exciting development for Aqueous at a time when the PI market overall is suffering from restricted capacity, with many providers pulling back from the sector. Extending our capabilities with the ability to write with a larger line-size, and an increased income threshold, has enabled us to offer our brokers an enhanced proposition for their clients.

“We now have five ‘A’ Rated capacity backers, providing our brokers and their clients with a quality offering, which satisfies all of their purchasing requirements in a one-stop shop.”

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