Aon has announced a “greatly improved” professional indemnity (PI) insurance solution for the real estate sector, after negotiating a new arrangement with insurance partner CGU.

The Real Estate Agent Professional Indemnity Insurance product now offers new or improved coverage extensions, a new approach to policy rates and removal of a number of exclusions.

“By working with CGU, Aon has chosen a strong, reputable insurer who is committed to providing quality insurance solutions tailored to the real estate industry,” Client Director for Real Estate Richard Silberman said.