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The Berkley Bolters Ride for Cure
On Friday the 16th of October our Berkley Bolters team of avid riders strapped on their helmets to take on the task of riding 6 hours along the iconic Sydney Motorsport Park. They were not just taking on an average day of cycling, they were riding to increase awareness and...
How to get a Public and Products Liability Quote
When a broker is looking to obtain a Public and Products Liability (General Liability) quotation for new business there are some essential elements for obtaining a competitive premium and comprehensive coverage in minimal time. This is equally applicable to the Open Market where it is sent directly to a particular...
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...
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...
