Expert Articles
Stuck in a lift with an Underwriter | Steve Taylor
We are pleased to welcome a new addition to our Melbourne underwriting team Steve Taylor. Coming from a strong broking background his experience and understanding of our clients is an asset to our group specialised underwriters. We are enjoying getting to know about Steve and hope you will too! Tell...
Run-Off Insurance – How Long is Long Enough??
Claims Made insurance policies only respond to claims made against an Insured during the policy period. Once the policy expires, no future claims can be made under the policy, even though the act giving rise to the claim may have occurred during the policy period. Why do you need a...
Risk Management – Professional Indemnity Insurance for Accountants
Why do Accountants need PI? If you’re a Public Practice Accountant, then it’s likely that at least on one occasion you have woken up during the night drenched in sweat, wondering if that nightmare about miscalculating your client’s tax return really happened. Sound familiar? Accounting firms are fast-paced, high-pressured environments...
Meet Our Local Team | Nerida Kearney
Tell us a bit about being a BSO? Well, I’m one of two BSO’s for the Brisbane office. Being a BSO is interesting as we see so many different queries & submissions. There is a diverse range of applicants with their differing businesses. Some are really quite interesting & some...
Insurance Market Continues to Harden with Capacity Dropping
As the market continues to harden one of the responses of many insurers is to reduce their capacity limit available on risks. Some insurers reduce their capacity from $20M to $10M or from $10M to $5M. This can cause additional work for brokers as they need to seek excess insurers...
Employment Practice Liability under Management Liability Cover
Employment issues have become a key concern for business owners. This is because employers can be held liable for the decisions they make regarding employment, promotion and dismissal, the procedures they follow and the type of working environment provided for employees. Mistakes, oversights and miscommunication can happen even in well-run...
Risk Management | Why is Professional Indemnity Insurance so important?
Risk Management for when you get it wrong. If your business provides professional advice or services to clients, then you’re most probably aware of Professional Indemnity Insurance. Professional Negligence – What happens when you give the wrong advice? Many mistakes are quite minor in nature and can be easily rectified....
Steadfast SCTP is the leading platform for General Liability
Berkley Insurance Australia joined the Steadfast SCTP over 12 months ago now and the take-up from brokers has been better than expected. The SCTP is an online automated underwriting platform where brokers can obtain quotes from a range of Insurers for different product lines. Kirsty Owens, BIA’s National Portfolio Manager...
Product Liability Exposures for Online Retailers
Online retailing is a growing trend which has substantially increased since the COVID-19 pandemic. With easy access for consumers via online marketplaces such as Amazon and eBay, reduced overheads, and a wider market and customer base, sellers are continuing to move to online sales of their products. There are however...
