LATEST NEWS

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Jul 15

Financial Lines Claims Trends and Insights

In an ever-evolving business landscape, understanding the trends and examples of financial lines claims is essential for brokers and their clients. These insights from the past year's claims highlights key areas of concern, common pitfalls, and best practices to ensure appropriate coverage and effective claims management. ENSURING APPROPRIATE COVERAGE Business...
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Jun 27

Solving the Public and Products Liability Puzzle

In the realm of public and products liability, businesses often find themselves navigating a complex landscape. Understanding the nuances of liability coverage, risk management, and emerging challenges is crucial for overall risk mitigation and achieving desired claim outcomes. Here, we delve into real-world examples and insights to help unravel the...
Matt R_ 2024
Jun 25

Championing Coverholder Success at Berkley Insurance Australia

As Matt Rawle approaches his third anniversary at Berkley Insurance Australia (BIA), his role as National Senior Partner Solutions Underwriter stands as a testament to his dedication to fostering strong, innovative relationships with coverholders. His journey, marked by continuous growth and active participation in leadership and mentorship programs, highlights his...
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May 31

Advancement of Costs and Emergency Defence Costs | Management Liability Extensions

Management Liability Insurance is a crucial component of a business’s risk management strategy, providing coverage for the legal and financial repercussions of managerial decisions. A critical feature of a Berkley Insurance Australia (BIA) Management Liability Insurance policy is the Advancement of Costs and Emergency Defence Costs extension. This extension offers...
IB Brokers on Insurers 2024 Social Media Winner Card -Berkley Insurance Australia (002)
May 27

Celebrating Four Consecutive Years as Insurer of the Year 2024

Berkley Insurance Australia (BIA) is honoured to be named Insurer of the Year 2024 at the prestigious Insurance Business "Brokers on Insurers" Awards for the fourth consecutive year. This recognition is a testament to the enduring partnerships and trust we have built with our brokers and partners. We are deeply...
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May 16

Statutory Liability: Engineering Firm’s Success with Prompt Legal Support

Background The insured is a civil and structural engineering consulting firm.  In 2021, the insured was engaged by a local council to provide structural design drawings for a cantilevered roof structure over the spectator terrace at a local sporting club (structure).  This structure was in the process of being constructed...
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May 13

Strengthening Security with Multi-Factor Authentication on bindIT

In our ongoing commitment to safeguarding the confidentiality and integrity of our broking processes, we are excited to announce the implementation of Multi-factor Authentication (MFA) on the bindIT platform. What is Multi-Factor Authentication? Multi-factor Authentication (MFA) is an enhanced security protocol that requires more than one method of verification to...
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May 07

Your Premier Partner in Specialty Insurance

In the Australian specialty insurance market, Berkley Insurance Australia (BIA) stands as a beacon of robust security, local authority and specialised expertise. With an unwavering focus on three key lines of insurance: Public & Products Liability, Professional Indemnity, and Management Liability, BIA distinguishes itself by not just participating in the...
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Apr 26

Medical Devices Powered by Lithium-ion Batteries: Safety Considerations

We are pleased to share insights from Berkley Life Sciences, a member of the W. R. Berkley Corporation insurance companies. The development of lithium-ion batteries, also known as “Li-ion” batteries, has brought game-changing portable, rechargeable power to a vast array of products, including modern-day smartphones and electric cars. The life...
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