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Professional Indemnity

Insights into a Professional Indemnity Case | Claims Notification

By Maria Gonzalez | 08/04/2024
The image shows a person wearing a blue hard hat and a blue quilted vest over a plaid shirt. The person is holding and looking at a tablet device. The background features an industrial or construction setting with concrete pillars, metal fencing, and windows. The person's face is blurred out for privacy.

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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Understanding Professional Indemnity Insurance: The Average Provision

By Maria Gonzalez | 08/01/2024
The image shows a person in a suit and tie sitting at a desk, writing in an open book with a pen. The background consists of shelves filled with numerous books or files. There are also other documents or binders on the desk.

Professional Indemnity (PI) Insurance provides businesses and professionals with cover for their liability for compensation arising from errors and omissions in connection with the professional services they provide to their…

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Professional Indemnity: What Are Policy Extensions?

By Maria Gonzalez | 11/12/2023
The image shows two individuals sitting at a desk, engaged in a discussion or review of a document. One person is holding and pointing to the document with a pen, while the other person is pointing at the same document with an index finger. The document appears to contain text, but it is not legible in the image. There are also some office supplies visible on the desk, including papers, folders, and what appears to be a tablet device.

Cover provided under a Professional Indemnity (PI) insurance policy can vary greatly in the market. When reviewing a Professional Indemnity policy, it’s important to understand the extensions the policy provides…

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Professional Indemnity Insurance: Reinstatement of Indemnity Limits

By Maria Gonzalez | 21/11/2023
The image shows a close-up view of a green umbrella with water droplets on its surface. The background is blurred, featuring what appears to be an outdoor setting with buildings and possibly other umbrellas.

In this article, we will unpack the reinstatement of indemnity limits for Professional Indemnity (PI) Insurance. You will get a better understanding of the material role reinstatement can play in…

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Professional Indemnity: Costs Exclusive vs Costs Inclusive

By Maria Gonzalez | 23/10/2023
a Road sign says inclusion and exclusion

Professional Indemnity (PI) insurance provides businesses and professionals with cover for their liability for compensation arising from errors and omissions in connection with the professional services they provide to their…

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Professional Indemnity: The Importance of the Professional Services Description

By Maria Gonzalez | 09/10/2023
professional business man sitting in a boardroom with his team

Professional Indemnity (PI) insurance is designed to cover insureds for errors and omissions that may arise whilst providing clients with professional services. So, it is vital to ensure that the…

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Berkley Insurance Australia Tops PI and GL in Steadfast Insurer Survey

By Maria Gonzalez | 04/10/2023
Berkley Insurance Australia Perth Underwriting Team

The latest Steadfast Network Insurer survey has spotlighted Berkley Insurance Australia (BIA) as the premier insurance provider for both Public & Products Liability and Professional Indemnity to Steadfast brokers. The…

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Continuous Cover: Key Considerations When Changing Insurers

By Maria Gonzalez | 01/09/2023
Green Folder with documents incorporated into a laptop

There are a number of coverage considerations to contemplate on whether to change Professional Indemnity (PI) insurers to choose continuous cover. Understanding Continuous Cover One of the main policy features…

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Defamation Claims and the Protective Shield of Professional Indemnity Insurance

By Maria Gonzalez | 07/06/2023
Dictionary with the word defamation highlighted

In an increasingly digital world, communication is both one of our most powerful assets and a potential liability. One unfortunate offhand comment or inaccurate statement about a person may lead…

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Dodging the Copyright Infringement Minefield

By Maria Gonzalez | 16/05/2023
Cans with colour transition from red to orange

Copyright infringement is a critical issue for businesses in the digital age. As professionals become more reliant on technology and information sharing, the risks associated with intellectual property (IP) infringement…

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