Yes, it is generally possible to change insurers at any time, including during the policy term.

However, unless there are issues with your current Professional Indemnity policy, it is usually best to wait until your renewal date to avoid cancellation fees or other costs associated with changing mid-term. 

There may be some viable reasons to change your Professional Indemnity insurer mid-term. These include:

• Your business operations have changed, and your existing insurer is unable to cover the new work
• You require a higher level of cover than the insurer is able to provide to you
• You start operating in a geographical area that the insurer is unable to provide cover for – i.e. a contract is signed for work in North America

Before making any changes, it is essential to consider how your previous work will be covered and ensure that the new insurer has an appropriate retroactive date to cover your past work. 

We can help review your situation and guide you through your options, ensuring a smooth transition and that your cover remains suitable for your business requirements.