Professional Indemnity
Why Run-Off Cover Matters: A Critical Consideration for Professional Indemnity Insurance
In the world of professional services, risk doesn’t end when the business closes its doors.Whether due to retirement, sale, merger, or simply winding down operations, professionalsremain exposed to claims arising…
Read MoreAugmented Reality Meets Insurance: A New Dimension of Risk
Augmented Reality has come a long way – from clunky headsets to apps we now use without even thinking. The term Augmented Reality (AR) became widely recognised in the1990s, particularly…
Read MoreProfessional Indemnity: Common Policy Exclusions
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. When…
Read MoreSolicitors Professional Indemnity Top Up Insurance
Changes to compulsory policy limit in Victoria In Victoria, solicitors who engage in private legal practice are required to be covered by professional indemnity insurance (PII) for legal liability that…
Read MoreProfessional 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…
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