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May
25
BERKLEY INSURANCE AUSTRALIA WINS INSURER OF THE YEAR – 2021
At Berkley Insurance Australia, we are thrilled to be recognised by the industry in achieving an outstanding 10 awards, including Insurer of the Year 2021, at the Insurance Business Brokers on Insurers Awards. In addition to winning the NIBA General Insurer of the Year Award for 2020 last year, to...
May
06
Stuck in a Lift with an Underwriter | Adele Halfpenny
Tell us a bit about being an Underwriter? It’s fulfilling in numerous ways. You have the analytical side of reviewing a risk, as well as the more personable customer service/relationship building side of catching up with and negotiating with Brokers. No day is the same and I’m really enjoying the...
May
03
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...
Apr
20
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...
Apr
15
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...
Apr
07
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...
Mar
30
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...
Mar
16
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...
Mar
09
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...
