Kova Professions A fresh approach to underwriting PI
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Welcome 03 Why choose Kova Professions? 04 Small but Mighty 05 Tailored Protection 06 Strategic Risk Management 08 Contact 09
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Empowering brokers to excel
We looked at what wasn’t working for brokers. Slow responses. One-size-fits-all mindsets. Hesitancy in PI underwriting. And we decided to change the status quo. At Kova, we carefully underwrite Professional Indemnity insurance risks through a rigorous process designed to promote good risk management. This approach enables brokers to instill client confidence and tailored protection.
Focusing on mid-market SME businesses across various sectors in the UK and Europe, we prioritise close collaboration with brokers, fostering strategic partnerships that drive mutual success. While initially targeting mid-sized companies, our expansion into international markets will extend our reach to larger businesses. We tailor our service to you, our brokers, ensuring a smooth, transparent process from start to finish.
Welcome to Kova Professions, where we underwrite PI the right way, doing the right thing by broker and clients.
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Why choose Kova Professions?
We are not like other MGAs; our approach is refreshingly different.
Personal connection Our team has a proven track record of being there for brokers. Expect swift responses and efficient claims resolutions.
Highly collaborative We are a highly experienced team of Professional Indemnity insurance specialists, guaranteeing your clients the right cover with no hidden exclusions.
Easy and straightforward We don’t believe in complicating things – our PI solutions are designed for mid-sized companies in the UK & Europe. Hassle-free and bespoke.
Informed decision making Underwriting autonomy drives our decisions, informed by a deep understanding of market and legal dynamics, providing you with the latest up- to-date cover.
Comprehensive solutions Our comprehensive PI solutions are crafted through rigorous risk management, ensuring tailored coverage.
Stable and reliable Assured stability with our 5-year capacity
commitment from our A- Rated partner, enabling us to offer consistent underwriting support and minimise any uncertainty that comes with change.
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Small but Mighty: Backed by Extensive Expertise for Effective Delivery
Led by Kate Albert, CEO, each team member brings a wealth of PI expertise and experience across all professional sectors.
We are also supported by an extensive ecosystem of specialised capabilities, differentiated technology, and claims handling. As a female-led MGA, we take pride in embodying modern working values and practices, fostering a positive environment where everyone thrives. It's about doing things the right way, regardless of gender, for our colleagues and partners alike.
Kate Albert MSc CEO & Founder
Celeste Newson Head of PI Celeste brings over 20 years of market experience having recently served as Class Underwriter at Talbot. Her experience spans broking and underwriting, specialising in risk mitigation across various professions.
Keeley Patten Senior Underwriter
With over 20 years of Professional Indemnity experience, Kate began her career at Aon, advancing to roles at Chubb and Liberty. Additionally, she spent three years at the Financial Conduct Authority while pursuing an MSc in Compliance and Regulation at Henley Business School.
Keeley began her career 20 years ago in Professional Indemnity claims at broking houses Aon and Miller before transitioning to the placing side. Before joining Kova, she was a Senior Medical Malpractice Underwriter at Axis, working in open market and delegated authority business on a primary and excess-of- loss basis.
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Tailored Protection : Elevating Professionals with Comprehensive PI Coverage up to £5m
Our appetite for PI varies depending on the profession. We can issue up to a £5m limit where we seek well-established firms with strong risk management practices and a track record of delivering high-quality services to their clients. We consider factors such as claims history, regulatory compliance, and industry- specific risks when assessing risks and determining coverage.
Design and Construction
Accountants
Architects and Engineers
Small to mid-sized practices (<£10m fees)
Small to mid-sized practices (<£10m fees)
Small to mid-sized practices (turnover < £75m)
Offering accounting, audit, tax, and advisory services.
Specialising in architectural design, engineering, and construction services. Preference for firms experienced in both commercial and residential projects.
Professionals in construction, including contractors, project managers, consultants. Preference for firms with strong project management and risk mitigation.
Focus on established firms with strong risk management.
Open to all sizes, from sole practitioners to multinationals.
Open to all sizes, from sole practitioners to large firms.
Covers residential, commercial, infrastructure projects.
Key risks: financial reporting errors, tax advice negligence, regulatory compliance.
Key risks: design errors, construction defects, negligence, contractual disputes. Exclusions: Asbestos, Basement work, Sewage/Water Schemes, Nuclear, Petrochemical, Dams, Harbours, Bridges, Tunnels, Offshore work, Swimming Pools, Soil/Foundation work.
Key risks: design flaws, construction defects, delays, contractual disputes.
Exclusions: Big 4, Tax Mitigation/Avoidance schemes.
Exclusions: Asbestos, Basement/Demolition work, Sewage/Water Schemes, Nuclear, Petrochemical, Dams, Harbours, Bridges, Tunnels, Offshore work, Swimming Pools.
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Tailored Protection : Elevating Professionals with Comprehensive PI Coverage up to £5m
Insurance Brokers maximum £2m Primary line size
Financial Advisers
Surveyors
Miscellaneous Professions
Small to mid-sized practices (<£10m fees)
Small to mid-sized practices (<£10m fees)
Covers a diverse range of sectors including IT, technology, advertising, management consultancies.
Small to mid-sized practices (<£10m fees)
Specialising in insurance brokerage, risk management.
Providing property valuation, land/building surveying services.
Providing financial planning, investment advice, wealth management.
Preference for firms with specialised expertise, strong risk management.
Expertise in commercial, personal lines insurance.
Preference for qualified surveyors, expertise in residential, commercial, industrial properties. Covers a range of surveying services like condition reports, valuations, inspections. Key risks: valuation errors, inaccurate reports, negligence in property transactions.
Covers firms of all sizes meeting underwriting criteria.
Preference for firms with qualified advisers, strong compliance culture.
Covers firms of all sizes, including large brokerage firms, MGAs.
Key risks vary by profession: errors in advice, negligence, contractual disputes.
Covers firms offering pensions, investments, insurance.
Key risks: policy placement errors, inadequate coverage, professional negligence.
Key risks: misrepresentation, unsuitable advice, regulatory compliance.
Additionally, Excess of Loss coverage is available for all mentioned areas.
Exclusions: Lloyd’s Brokers, providers of run-off services.
Exclusions: S&V run-off exposure.
Exclusions: Networks/firms with >5 Appointed Representatives.
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Strategic Risk Management
We are committed to a rigorous process that promotes good risk management and delivers the right support and protection.
We've partnered with Caytons, the specialist legal and claims management law firm to help mitigate a business’s exposure to professional liability claims and prevent conflicts with their professional indemnity policy. This partnership enables us to offer policyholders a contract review service as part of our commitment to rigorous risk management and comprehensive support and protection.
Complimentary contract review Assessing the impact of
Free legal helpline
Commercial advice
If a policyholder is facing a potential professional liability issue or indemnity claim, early expert advice can limit their exposure. Caytons’ Senior Partners offer free legal guidance on any matter affecting professional liabilities.
Kova Professions policyholders can seek assistance from Caytons for broader commercial advice on contract terms or negotiation support (rates apply).
current and future contracts on professional indemnity insurance coverage. Caytons provides free advice on various documents like appointment papers, engagement terms, and more. They'll check if these affect a professional indemnity policy and offer tips to reduce claims exposure.
Doing the right thing by brokers and clients
Kate Albert MSc Chief Executive Officer & Founder + +44 (0)7817 440 621 kate.albert@kovaprofessions.com
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