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The image shows a business meeting in a modern conference room with large windows. A man with gray hair and glasses is seated at the head of the table, facing away from the camera, looking towards a presentation screen displaying various charts and graphs. Several other people are seated around the table, engaged in discussion. The room is well-lit with natural light coming through the windows.

Change in Control Events

With corporate structures constantly evolving, particularly during periods of mergers, acquisitions or other significant transactions, its crucial for both businesses and insurance brokers to understand how these changes affect Directors and Officers (D&O) and Management Liability (ML) insurance. Communicating change of control events to insurers is a key first step...
The image shows a person sitting at a desk, working on a laptop. The person is wearing headphones and appears to be focused on the screen. The setting is indoors, with natural light coming through a window in the background. There is a plant and some framed pictures on the wall behind the person. On the desk, there are various items including a glass of water and an electronic device or accessory next to the laptop.

Employment Practices Liability Trends

In recent years, the employment practices liability (EPL) Insurance landscape has changed significantly. This evolving environment stems from a number of factors including legislative changes, workforce dynamics and a shift in attitude towards workplace conduct. As businesses increasingly recognise the importance of safeguarding themselves against employment related claims, EPL insurance...
Berkley Insurance Australia Wins Specialist Insurer of the Year Award for Third Consecutive Year 2024

Berkley Insurance Australia Wins Specialist Insurer of the Year Award for Third Consecutive Year 2024

Berkley Insurance Australia (BIA) has been honoured with the Specialist Insurer of the Year Award for the third consecutive year at the recent Insurance Advisernet Conference in Cairns. This prestigious award is determined by the responses from the annual IA broker survey which acknowledges the exceptional service and performance delivered...
A person stands in a warehouse holding their lower back in pain, implying potential injury

Common Public & Product Liability Extensions

In addition to the standard cover provided under a Public and Products Liability (PPL) policy, there are a variety of optional extensions available that provide cover for additional exposures your client’s business may face. In this article we look at some of the most common extensions that are offered and...
Partner Solutions Team

Binder Authority – Can We Do It Better?

Problem with existing security? Need a solution to handle a small portfolio which your  current security provider struggles with? Or just need to gain more efficiency out of your binder business? Berkley Insurance Australia’s Partner Solutions Team can help you out! At Berkley Insurance Australia (BIA), we’re all about developing...
Close up of businessman or accountant hand holding pencil working on calculator to calculate financial data report, accountancy document and laptop computer at office, business concept

How to Obtain a Quote Faster

We live in a world where technological advancement creates an expectation that everything happens instantaneously. However, as we all know, this is not always the case.  An area that can cause a sense of frustration for brokers and their clients is the time it takes to obtain an insurance quote....
he image shows two individuals sitting at a table in what appears to be an office setting. One individual, dressed in a business suit, is holding and pointing to a document with a pen, while the other individual, dressed more casually, is looking at the document. Various items, including a white coffee cup and some papers, are on the table. The background includes office furniture and equipment.

What is a Miscellaneous Professional Indemnity (PI) Risk?

As an insurance professional, you might have encountered this question: "What exactly is a miscellaneous Professional Indemnity risk?" The key to understanding what we mean by a “miscellaneous risk” is to think about what it 𝐢𝐬𝐧’𝐭. A miscellaneous PI risk usually refers to any profession or business that needs protection...
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Why Combining GL and PI Policies Makes Sense for Your Professional Clients

Managing your professional clients GL and PI policies can often feel a lot like herding cats. That’s before you even get started on their property coverage. With different policies, varying wordings, changing insurer appetites, and the constant chase for completed proposal forms, it's easy to feel overwhelmed. But what if...
The image shows two people sitting at a desk, engaged in a discussion or meeting. One person is pointing to a document on the table, while the other person's hands are resting on the desk. There is an open binder with papers, a notebook, and a laptop also visible on the desk. The setting appears to be an office or professional environment.

Selling a Business: Key Considerations for Professional Indemnity Insurance

Selling a business can be a complex process that requires careful planning and consideration. While most business owners can focus their attention on negotiations, contracts, and valuations, it is crucial not to overlook any insurance requirements during the sale transaction. This article will explore the importance of Professional Indemnity (PI)...