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Medical Devices Powered by Lithium-ion Batteries: Safety Considerations
We are pleased to share insights from Berkley Life Sciences, a member of the W. R. Berkley Corporation insurance companies. The development of lithium-ion batteries, also known as “Li-ion” batteries, has brought game-changing portable, rechargeable power to a vast array of products, including modern-day smartphones and electric cars. The life...
Berkley Insurance Australia Pledges to Support SolarBuddy
Berkley Insurance Australia (BIA), is excited to announce its support of SolarBuddy, a leading global impact organisation committed to brightening the futures of children worldwide. Starting in 2024, BIA pledges to make a donation to SolarBuddy for every policy bound on our broker platform, bindIT. This commitment not only signifies...
Welcoming Marz Psut to Our Partner Solutions Team
We are excited to announce the newest addition to our Partner Solutions Team, Senior Partner Solutions Underwriter, Marz Psut. Marz, with nearly two decades of experience in the insurance industry, has carved a niche for herself with her deep expertise in general liability across various sectors such as SME, construction,...
Insights into a Professional Indemnity Case | Claims Notification
Insurance brokers play a critical role in guiding clients through the world of professional indemnity insurance. A notable case, outlined by Carter Newell Lawyers in their article "The consequences of no notification revisited: Fairbank Haven v Merkon Constructions" highlights critical aspects of policy notifications under ‘claims made’ policies and the...
Berkley Insurance Australia Announces Strategic Rebrand of Facilities Department to Partner Solutions
Berkley Insurance Australia (BIA), renowned for its innovative approach to insurance solutions for broker binders and underwriting agencies, is excited to announce the rebranding of its Facilities department to Partner Solutions. This change reflects their dedication to fostering strong partnerships with coverholders and providing tailored insurance solutions to meet their...
Technical Insights of Artificial Intelligence in Insurance
In today's rapidly advancing technological landscape, Artificial Intelligence (AI) has emerged as a critical driver of innovation, transforming operations and decision-making processes across various occupations. As insurance brokers, a deep understanding of AI's applications is becoming essential. Not only for enhancing risk assessment capabilities but also for maintaining a competitive...
BIA Continues to offer broad Management Liability
As a dedicated insurance broker, your goal is to provide your clients with broad and reliable coverage. Berkley Insurance Australia recognises this need and offers broad Management Liability solutions, including Entity cover or Organisational Liability, tailored to meet the evolving demands of your clients' businesses. Why Recommend Berkley Insurance Australia...
The Complex Terrain of Labour Hire: Insights from Our Leaders
In the ever-evolving landscape of insurance, one of the most pressing challenges faced by insurers today is the surge in Public & Products Liability (PPL) claims, particularly those arising from labour hire. Berkley Insurance Australia's (BIA) CEO Tony Wheatley and National Underwriting Manager Matthew McPhee offer their invaluable insights into...
Understanding Professional Indemnity Insurance: The Average Provision
Professional Indemnity (PI) Insurance provides businesses and professionals with cover for their liability for compensation arising from errors and omissions in connection with the professional services they provide to their customers. It is important for brokers and their clients to understand the level of cover provided by the chosen PI...
