Folgate Underwriting Agency Limited has expanded its product offering with the launch of a new professional indemnity product aimed at financial advisers and mortgage brokers. The managing general agent said policy limits of up to £5m were available and brokers also had access to excess of loss top up facilities.

Ian Russell, chief executive officer at Folgate Underwriting Agency Limited, said: “The launch of our financial advisers and mortgage brokers product is an important addition to the Folgate PI suite and reflects our ongoing commitment to supporting brokers with high-quality, dependable insurance solutions.

“Bringing a product like this to the market requires long term expertise and market leading underwriting to support its growth and profitability. We remain focussed on investing in our professional indemnity portfolio, our people and our partners to deliver solutions that provide real confidence, real protection and real value.”