Professional Indemnity
Professional Indemnity: Understanding Territorial Limits and Jurisdictional Limits
Professional Indemnity (PI) insurance is designed to cover insureds for their liability to pay compensation for errors and omissions that may arise in relation to professional services they provide. Where…
Read MoreContract Insights – Proportionate Liability
The application or exclusion of proportionate liability regimes is an increasingly common contractual issue that Insureds, particularly in the construction industry, need to understand and deal with. In this article…
Read MoreWhat is a Miscellaneous Professional Indemnity (PI) Risk?
As an insurance professional, you might have encountered this question: “What exactly is a miscellaneous Professional Indemnity risk?” The key to understanding what we mean by a “miscellaneous risk” is…
Read MoreWhy Combining GL and PI Policies Makes Sense for Your Professional Clients
Managing your professional clients GL and PI policies can often feel a lot like herding cats. That’s before you even get started on their property coverage. With different policies, varying…
Read MoreSelling a Business: Key Considerations for Professional Indemnity Insurance
Selling a business can be a complex process that requires careful planning and consideration. While most business owners can focus their attention on negotiations, contracts, and valuations, it is crucial…
Read MoreBerkley expands broker portal bindIT to Professional Indemnity
Berkley Insurance Australia (BIA) has expanded its online broker platform, bindIT, to include Professional Indemnity Insurance. bindIT is BIA’s automated portal for brokers. It offer access to a suite of…
Read MoreFinancial 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…
Read MoreYour 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…
Read MoreMedical 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,…
Read MoreInsights into a Professional Indemnity Case | Claims Notification
Insurance brokers play a critical role in guiding clients through the world of professional indemnity insurance. A notable case, outlined by Carter Newell Lawyers in their article “The consequences of…
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