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IT Cover | It’s more than you think
IT Liability. For some confusing or even scary. But, there is nothing to fear. If you don’t know much about this product, then this article should help you get your foot in the door as far as IT Liability is concerned. Two Becomes One An IT Liability policy issued by...
Get to Know Extensions | Product Recall
What is a General Liability Product Recall Extension? There can be expensive repercussions for a business if their product is defective or suspected to have a defect that may cause bodily injury or property damage. If a product is a risk to safety, a business may be required to notify...
Management Liability – Beware of the Office Christmas Party
The end of the calendar year brings around annual holiday season celebrations for most offices. These celebrations can be a great way for colleagues to come together and reflect on the year that was and the holiday activities ahead. This is also the time of year where there can be...
BIA Supports Heart Foundation this December 2022
Throughout the year, Berkley Insurance Australia is proud to partner with some of Australia’s most inspiring and hardworking research and charity organisations. This year we’ve been proud to support the important work that Dementia Australia are doing, as well as the pioneering research being done by the only specialist research...
All About Director IDs
Legislation was introduced over 12 months ago requiring a director to verify their identity and receive a director identification number (director ID). A director ID is a 15-digit number given to a director (or someone who intends to become a director) who has verified their identity with Australian Business Registry...
BIA Leading Insurer for Steadfast Network
It has now been three years since Berkley Insurance Australia (BIA) joined the Steadfast Client Trading Platform (SCTP) with its General Liability product. Since then, BIA has introduced its Professional Indemnity product to the SCTP and become the leading insurance provider on the SCTP for both products. Over the last...
BIA Awarded Fourth Prestigious Insurance Industry Honour in Last Two Years 2022
Berkley Insurance Australia (BIA) was delighted to be awarded Insurer of the Year 2022 by Insurance Advisernet (IA) at their 25-year celebration conference on the Gold Coast this week. This is the fourth prestigious industry award received by BIA in the last two years, including National Insurance Brokers Association (NIBA)...
Explaining Management Liability to Your Clients
There are four key areas you should focus on when explaining Management Liability (ML) insurance with your clients: WH&S defence costs, fines and penalties; Employment issues, Employment practices liability; Employee theft or third-party crime; and Personal asset protection. Why these areas? From recent reviews of our data we have identified...
Crime Cover under Management Liability
One of the most financially punishing and emotionally taxing events that a business can endure is a crime or fraud committed against it by an employee or contractor. The consequences can be both financial and emotional. But a Management Liability policy with appropriate crime cover can help the business through...
