YOUR QUESTIONS ANSWERED

General questions

Are cost exclusive terms generally more expensive than cost inclusive terms?
Does the named insured also include trading / business names?
Does BIA require all entities within a group to be named on the policy schedule if they are to be covered under the policy?
How broad is Berkley’s new Listed Human Disease Exclusion really meant to be?

Public & Products Liability

What Is Public and Product Liability Insurance?
Does the association need to have separate Public Liability cover?
For Excess capacity can you separate the two sections of Professional Indemnity and Public & Products Liability?
Why do you need Public and Products Liability Insurance?
Does run-off cover work in the exact same way as a typical Professional Indemnity run-off? Is there a set % premium decrease each year as long as no claims are made?

Professional indemnity

Who is a Design & Construct Policy for?
Are you able to provide a brief explanation of the Mitigation Cost extension, and how it operates under the policy?
For Excess capacity can you separate the two sections of Professional Indemnity and Public & Products Liability?
Is it industry standard for Professional Indemnity (PI) policies to exclude cover for bodily injury (BI) where the event links back to the insured’s professional services?
If an insured reduces their activities should it keep the previous activities performed in the last 7 years listed on the current policy schedule to ensure cover for them?

Medical Malpractice

Does BIA’s Medical Malpractice policy cover NDIS participants who make fraudulent claims or submit fake invoices?
Can BIA offer higher limits for Inquiry Costs and Medical Fund Fraud?
What is BIA’s appetite towards clinical trial practices?
Does BIA cover NDIS service providers?
What medical service occupations does BIA exclude?
Does BIA’s Medical Malpractice policy cover Employed Medical Practitioners?

Association Liability

Does the association need to have separate Public Liability cover?
Do you apply the Human Disease Exclusion to Association Liability policies?
Does run-off cover for association work in the exact same way as a typical Professional Indemnity run-off? Is there a set % premium decrease each year as long as no claims are made?
What is the difference between Management Liability and Association Liability insurance policies?
Does BIA cover registered training organisations (RTOs), including trades/apprentices?
What are the BIA Association Liability policy limits and sub-limits?

IT Liability

What is an Information Technology Organisations and Professionals Insurance Policy?
Can you cover Artificial Intelligence?
Is there cover for breach of software licence terms & conditions?
Does your IT Liability Policy include patent and intellectual property rights (IPR) cover?
Are recruiters of IT consultants able to be covered under a BIA IT Liability policy?

Management Liability

What is a Directors and Officer Liability Insurance Clause?
Do WH&S regulators charge a fee for investigating WH&S contraventions?
Can contractors also claim under the Employment Practices Liability Extension?
Can you provide examples of fines against NSW commercial property owners (non strata)?
Why you need Management Liability Insurance?
Are WH&S fines / penalties in NSW, VIC, WA covered by Statutory Liability under Management Liability?
Is the exclusion in respect of consumer protection law common with insurers?
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