Now well into its third decade, The Wren Insurance Association Limited (Wren) is an Architects’ Professional Indemnity Insurance Mutual committed to providing its insureds (the Members) with the widest possible cover that is sustainable in the long term so that all legitimate claims can be paid.
Wren is a non-profit-making mutual insurance company owned by the Members and regulated by the Financial Conduct Authority (“FCA”). It engages an independent firm of specialist Managers to perform all the functions associated with running an insurance company, including the handling of individual claims. However, the overall policy, strategy and financial control of Wren rests with the Members through its board of directors which is drawn from the Membership and to which the Managers report.
Professional indemnity insurance is primarily for the benefit of the insured. However, it is also of benefit to Members' clients that the professionals they engage have reliable cover (see Benefits to Members' Clients document).