Professional Liability
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…
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 βLi-ionβ 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…
Read MoreTechnical Insights of Artificial Intelligence in Insurance
In today’s rapidly advancing technological landscape, Artificial Intelligence (AI) has emerged as a critical driver of innovation, transforming operations and decision-making processes across various occupations. As insurance brokers, a deep…
Read MoreUnderstanding Professional Indemnity Insurance: The Average Provision
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…
Read MoreProfessional Indemnity: What Are Policy Extensions?
Cover provided under a Professional Indemnity (PI) insurance policy can vary greatly in the market. When reviewing a Professional Indemnity policy, itβs important to understand the extensions the policy provides…
Read MoreProfessional Indemnity Insurance: Reinstatement of Indemnity Limits
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…
Read MoreProfessional Indemnity: Costs Exclusive vs Costs Inclusive
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…
Read MoreProfessional Indemnity: The Importance of the Professional Services Description
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…
Read MoreBerkley Insurance Australia Tops PI and GL in Steadfast Insurer Survey
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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