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BIA Joins Fight against Childhood Brain Cancer
This March Berkley Insurance Australia pledges to donate $1 from every Open Market Policy bound in March to the Children's Hospital Foundation supporting the Children’s Brain Cancer Centre. Did you know that Brain Cancer kills more children in Australia than any other disease? In fact, every nine days one child...
The Importance of Offering Run-Off Insurance
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 should explain the claims made and notified nature of the policy and recommend the insured take out Run-Off Cover. Take,...
Stuck In a Lift with an Underwriter | Jess Kettle
Getting to know your local underwriter is what sets us apart. The broker underwriter relationship is really important to us and we love sharing who we are so you can get to know our team. Today we sat down with Jess from our Brisbane team who joined us last year....
Why your client needs Professional Indemnity Insurance?
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 physical construction, manufacture, installation, repair or maintenance services (although tailored policies exist for construction professionals and design and construct). Who...
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 the leading provider of standalone General Liability on the SCTP virtual marketplace and recently expanded its line to include Professional...
Get to know Sole Traders Management Liability Insurance
What all sole traders need to know While Management Liability provides protection suited to corporations and small businesses, sole traders require a tailored Sole Trader Management Liability cover that suits their individual needs and exposures. When doing their research into all the different types of insurance cover available to businesses,...
What is the difference between a Letter of Appointment and a Letter of Authority?
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 A letter of authority gives permission for the insurance broker to collect information from insurers on behalf of their clients...
Berkley Insurance Australia Partners with Frontier Global Underwriting to Offer Blockchain Insurance Cover
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 Blockchain industry. Currently, insurance for Blockchain companies is very limited, if offered at all, due to the minimal understanding of...
Emerging Business Risks in 2022
Managing business risks in the COVID-19 era As vaccination rates around Australia continue to rise, restrictions are gradually being lifted.. Yet while we embrace our former freedoms, we cannot casually return to our old lifestyles and obliterate the nightmares of 2020 and 2021 from our memory banks. While we all...
