LATEST NEWS

Insurance Advisernet award Specialty Insurer Award to Berkley Insurance Australia

BIA Secures Second Specialty Insurer Award

Berkley Insurance Australia (BIA) is proud to announce that it has been honoured with the 2023 Specialty Insurer of the Year award by Insurance Advisernet at their annual conference. This is the second consecutive year BIA has received the Specialty Insurer of the Year award and further cements its position...
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BIA Announces Key Organisational Changes to Strengthen E-Business Strategy

Leading specialist insurance provider, Berkley Insurance Australia (BIA), announces strategic organisational changes to bolster its rapidly growing e-business distribution channels. These changes are reflective of BIA's commitment to adapt to evolving market trends, particularly the shift towards e-business for SME customers. Matthew McPhee, BIA’s National Underwriting Manager said, “In line...
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Professional Indemnity: Costs Exclusive vs Costs Inclusive

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. The purpose of this article is to explain the difference between: costs inclusive and costs exclusive excesses, and costs...
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Professional Indemnity: The Importance of the Professional Services Description

Professional Indemnity (PI) insurance is designed to cover insureds for errors and omissions that may arise whilst providing clients with professional services. So, it is vital to ensure that the professional services description clearly covers the scope of services provided by the insured. This article outlines some Professional Indemnity coverage...
Berkley Insurance Australia Perth Underwriting Team

Berkley Insurance Australia Tops PI and GL in Steadfast Insurer Survey

The latest Steadfast Network Insurer survey has spotlighted Berkley Insurance Australia (BIA) as the premier insurance provider for both Public & Products Liability and Professional Indemnity to Steadfast brokers. The survey, assessing various service aspects, confirms BIA's unmatched commitment to the broker experience. In the Liability sphere, BIA has emerged...
BIA National Head of Claims Barbara Stenning received general insurer claims team of the year award from Insurance Business Australia

BIA Wins General Insurer Claims Team of the Year

We are elated to share that our incredible Claims Team has been recognised with the prestigious Insurance Business Australia Award for AAMC "General Insurer Claims Team of the Year" 🏆 A huge shoutout to our claims team who have consistently showcased their commitment, expertise, and dedication to excellence in claims handling. Their tireless efforts...
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Continuous Cover: Key Considerations When Changing Insurers

There are a number of coverage considerations to contemplate on whether to change Professional Indemnity (PI) insurers to choose continuous cover. Understanding Continuous Cover One of the main policy features to be mindful of when considering changing insurers is continuity of cover. Generally, Professional Indemnity insurance policies are written on...
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Employee Theft under Management Liability Policies: Understanding Cover and Claims

Berkley Insurance Australia (BIA) Management Liability (ML) policies are designed to cover businesses against management liability risks and exposures. Among the risks that ML policies cover, one relevant cover is employee theft, an unfortunate reality many businesses have to contend with. This article delves into the specifics of cover for...
Person is siting in front of his laptop with BindIT on the screen

Unveiling Public & Products Liability on bindIT: A Game-Changer for Brokers

Berkley Insurance Australia (BIA) is excited to announce a significant expansion to its online broker platform, bindIT, by unveiling automated Public & Products Liability Insurance. With a focus on giving brokers more choice in how they interact with BIA, this expansion now offers brokers the convenience of access to Public...