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Professional Indemnity

Insurance Insight Series: The Contract of Insurance | Part 1

By Maria Gonzalez | 14/04/2022
two people shake hands agree to a contract

Whatever type of insurance your client is considering buying, there are a few things you need to be aware of as the broker. In part one of this two-part insurance…

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The Importance of Offering Run-Off Insurance

By Maria Gonzalez | 18/02/2022
The Importance of Offering Run-Off Insurance (Berkley Insurance Umbrella)

Beware of the consequences of not offering Run-Off Cover. When an insurance broker receives a request to cancel a professional indemnity policy due to the client’s cessation of work, they…

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Why your client needs Professional Indemnity Insurance?

By Maria Gonzalez | 01/02/2022
Why your client needs Professional Indemnity Insurance?(2 elderly couple in discussion with an insurance broker)

Professional Indemnity (PI) insurance is designed for professionals who provide design and/or advice services to their clients.  It is not generally designed for clients who undertake blue-collar services such as…

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Professional Indemnity launches on Steadfast SCTP

By Maria Gonzalez | 24/01/2022
Professional Indemnity launches on Steadfast SCTP

Automation with exceptional service was just the beginning for Berkley Insurance Australia (BIA) when joining the Steadfast Client Trading Platform (SCTP).  Now almost three years on, BIA continues to be…

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What is the difference between a Letter of Appointment and a Letter of Authority?

By Maria Gonzalez | 10/01/2022
What is the difference between a Letter of Appointment and a Letter of Authority?(person writing on the paper)

Letter of Appointment vs Letter of Authority There is always some confusion between a letter of authority and a letter of appointment, although they are very different.  Letter of Authority…

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Berkley Insurance Australia Partners with Frontier Global Underwriting to Offer Blockchain Insurance Cover

By Maria Gonzalez | 05/01/2022
Blockchain

Berkley Insurance Australia (“BIA”) is pleased to announce a recent partnership with Frontier Global Underwriting (“Frontier”) to provide Professional Liability, General Liability, and Directors’ & Officers’ Liability insurance to the…

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Why IT Liability Insurance is now more necessary than ever before

By Maria Gonzalez | 05/11/2021
IT

A wide-ranging insurance solution for IT professionals Information Technology (IT) professionals offer advice, install software and hardware, design software & websites, project manage, provide fault-finding services, and fix technical issues…

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Professional Indemnity Risk Exposures for Real Estate Agents & Strata Managers

By Maria Gonzalez | 30/07/2021
Why Real Estate Agents need insurance (residential apartment buildings)

Financial Lines specialist Paul Marques explains PI Exposures to look for when dealing with Real Estate Agents and Property Managers. With the ever-growing need to carry and hold Professional Indemnity…

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Design & Construct Professional Indemnity Insurance | What it really covers

By Maria Gonzalez | 03/05/2021

Senior Underwriter Valerie Keown discusses how Design & Construct Professional Indemnity Insurance (or D&C cover) is often confused by those who do not deal with the product every day. Whilst…

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Run-Off Insurance – How Long is Long Enough??

By Maria Gonzalez | 07/04/2021
Run-off Policy (Are you covered)

Claims Made insurance policies only respond to claims made against an Insured during the policy period.  Once the policy expires, no future claims can be made under the policy, even…

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