PI Scheme Conditions

The TripleA Board has established the following conditions for access to the Professional Indemnity (PI) scheme. Members accept and agree:

1. That access to the PI scheme is not an automatic condition of TripleA membership.

2. That information, including but not limited to claims and disputes history information, will be shared between TripleA and Aon to ensure the PI Scheme’s claim history continues to support the best possible policy wording and conditions. The annual quoted TripleA PI scheme’s premiums are inclusive of a TripleA administration fee.

3. That the master policy document will not be made available to groups or individual members under any circumstances.

a. The TripleA Professional Indemnity (PI) scheme has been exclusively negotiated on behalf of the TripleA, member groups and individual members as a Master Policy Document. It is tightly held by nominated TripleA Trustees for the purposes of preserving the intellectual property of that policy wording negotiated and built up over twenty years.

b. The reason this for approach being formalised is if the Master Policy Document is released in totality scheme wording and conditions are immediately played off against other schemes even those provided by the same insurer. The insurers response to this situation is to cease providing a customised PI scheme with better wording, conditions and premiums such as the one enjoyed by TripleA members.

4. A pre membership comparison of benefits and costs of the TripleA PI Scheme is available from AON. To complete this we require:

a. Name and contact details.

b. Current PI provider and when policy is due for renewal.

c. A copy of the policy schedule and wording.

d. Full details of any claims and disputes history.

Close this page once you’ve read the scheme conditions to return to the Application process.

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