Willis, a WTW business (NASDAQ: WTW), has further evolved its Professional Indemnity ProXS solution, with additional capacity added to its market panel.
The expansion includes the launch of a ‘Commitment to Renew’ benefit, which will support client business planning and sustainability, giving clients greater certainty and meeting the growing demand for innovative approaches to managing Professional Indemnity (PI) risk.
The facility is designed to provide professional companies with enhanced and cost-effective insurance coverage, providing tailored options specific to professional firms enabling them to adapt their growth strategies.
Gary Caley, Head of PI for GB FINEX, Willis, said: “ProXS has been extremely popular with clients in a number of different geographies and sectors. We are confident that the latest enhancements further strengthen its proposition. They demonstrate our ongoing commitment to supporting clients in managing their professional indemnity risk with confidence.”
Jeremy Wall, Global Head of FINEX, Willis, said: “The continued evolution of ProXS reflects our focus on delivering practical solutions that address the real challenges faced by clients. By further enhancing the solution and introducing additional client benefits, we are ensuring that ProXS remains a compelling and innovative option for organisations seeking excess professional indemnity insurance protection.”