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Our Dedicated Team to Coverholder Partnerships
Did you know Berkley Insurance Australia has a dedicated team that solely focuses on our Facilities coverholder partnerships? Although we operate as a traditional APRA regulated Australian casualty and financial line insurer, we also create and support bespoke products for our specialist partners. Our dedicated facilities team focus 100% on...
What is Professional Indemnity Insurance?
Professional Indemnity Insurance provides protection for your business against a claim made by a client alleging they have suffered a financial loss as a result of your negligence or a breach of professional duty from services provided by your business. We provide Professional Indemnity insurance to companies of all sizes...
Preventative Actions Taken After A Claim
When your client has reported a claim it’s a good idea to provide insurers with details of the steps taken to prevent a similar claim from occurring in the future. Details should include training instituted that will prevent another claim, changes to procedures made that will prevent another claim and...
Berkley Insurance Australia has been honoured with 8 medals in 2020 Broker Awards
Insurance Business Australia today announced the winners for this year's Brokers on Insurer Awards. This year Berkley Insurance Australia was honoured with a remarkable 7 medals and claimed third in the Honorary Award of Insurer of the Year. Winning three Gold medals for Turnaround time – New Business, Premium Stability,...
What is Run-Off Insurance? Why Do I Need It?
Various insurance policies are written on a ‘claims made’ basis. This means that they will only respond to claims which are made against an insured and notified to the insurer during the policy period, irrespective of when the work was performed by the insured. If the policy expires, no additional...
Product Liability – The Other Half
What is General Liability? A standard General Liability Policy will provide two sections of cover, public liability and product liability. From these two sections a liability policy will cover compensation for third parties for any personal injury, property damage and advertising injury. The two sections are very different to each...
Welcome to the Team | Veronica Casey
We are always looking for new talent to join our growing team here at Berkley Insurance Australia even in this new remote working environment. Our onboarding process is really important to us and we work hard to ensure our new teammates feel informed, trained and welcomed to the BIA family. ...
Product Recall Expenses Extension
What is it? Product Recall Expenses can be an extension on a Public and Products Liability (also known as Broadform or General Liability) policy. Whilst many businesses mitigate their risk in the event a product actually occasions bodily injury or property damage, there can be expensive repercussions for a business...
Design & Construct vs Standard Professional Indemnity
Design & Construct (D&C) vs standard Professional Indemnity Insurance- who needs what? Professional Indemnity Insurance is no longer just for traditional professionals like Accountants, Solicitors, Consulting Engineers and Architects. Today, many other entities need Professional Indemnity insurance and standard PI policies are not suitable. Berkley Insurance Australia’s specialised Design and...
