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Design & Construct Professional Indemnity Insurance | What it really covers
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 D&C cover is a financial lines-based class of business the traditional requirement of “fee for advice” does not apply. Many...
Meet Our Team | Paul Bleakley
Paul has been in the insurance sector for 28 years and has held varied positions across multiple international insurers in Australia. Starting his career as a broker he understands firsthand what the client expects from an insurer and used this knowledge to progress into underwriting and national management roles. We...
Stuck in a lift with an Underwriter | Steve Taylor
We are pleased to welcome a new addition to our Melbourne underwriting team Steve Taylor. Coming from a strong broking background his experience and understanding of our clients is an asset to our group specialised underwriters. We are enjoying getting to know about Steve and hope you will too! Tell...
Run-Off Insurance – How Long is Long Enough??
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 though the act giving rise to the claim may have occurred during the policy period. Why do you need a...
Risk Management – Professional Indemnity Insurance for Accountants
Why do Accountants need PI? If you’re a Public Practice Accountant, then it’s likely that at least on one occasion you have woken up during the night drenched in sweat, wondering if that nightmare about miscalculating your client’s tax return really happened. Sound familiar? Accounting firms are fast-paced, high-pressured environments...
Meet Our Local Team | Nerida Kearney
Tell us a bit about being a BSO? Well, I’m one of two BSO’s for the Brisbane office. Being a BSO is interesting as we see so many different queries & submissions. There is a diverse range of applicants with their differing businesses. Some are really quite interesting & some...
Insurance Market Continues to Harden with Capacity Dropping
As the market continues to harden one of the responses of many insurers is to reduce their capacity limit available on risks. Some insurers reduce their capacity from $20M to $10M or from $10M to $5M. This can cause additional work for brokers as they need to seek excess insurers...
Employment Practice Liability under Management Liability Cover
Employment issues have become a key concern for business owners. This is because employers can be held liable for the decisions they make regarding employment, promotion and dismissal, the procedures they follow and the type of working environment provided for employees. Mistakes, oversights and miscommunication can happen even in well-run...
Risk Management | Why is Professional Indemnity Insurance so important?
Risk Management for when you get it wrong. If your business provides professional advice or services to clients, then you’re most probably aware of Professional Indemnity Insurance. Professional Negligence – What happens when you give the wrong advice? Many mistakes are quite minor in nature and can be easily rectified....
