Increasingly, it is the expectation of clients, shareholders and key stakeholders that professionals will deliver over and above with exceptional service and advice.
This, combined with the litigious nature of modern society sees professionals and company directors progressively being held accountable when they fail to meet expectations. The financial risk exposure to your business could be extensive.
The professional services industry encompasses a broad variety of occupations ranging from event managers and wedding planners to engineering consultants and real estate agents.
Irrespective of the professional service that you specialise in, it is imperative for you to have a suitable insurance solution that protects your assets, your people, and most importantly the future of your business.
Like you, we also provide a professional service, helping us to truly understand your risk exposures, and the significant impact they can have on the financial strength of your organisation.
Insurance covers to address some of your key exposures:
Professional Indemnity Insurance
Cover for legal expenses and damages owed to a client if you are deemed liable for financial loss, bodily injury or property damage as a result your professional advice or service e.g. design faults that causes damage to a property, or business advice which causes a company to go into administration.
Cover for legal expenses, fines and penalties, and compensation owed to a third party for claims against you, or your directors for wrongful acts or a failure to act in certain circumstances e.g. bullying, harassment, or wrongful dismissal.
Cover for loss of profits should you be prevented from operating at your normal capacity by an insured event e.g. severe water damage or fire which renders your premises uninhabitable.
Cover to protect your company against costly claims resulting from injury to an individual on your premises, or as a result of your business activities.
We believe our role involves more than simply providing insurance products. We strive to work in partnership to educate you, share our expertise and knowledge, so you can make decisions with greater confidence for the future of your business.
Areas of specialisation:
From July 1, 2017, some residential Strata Insurance policies will experience significant total premium changes as a result of amendments to the Terrorism Insurance Act 2003 (Cth). The changes apply Australia wide, and relate to the introduction of a Terrorism Levy.
With over 40 food and beverage products recalled so far this year (as of 5th October 2017), the impact of a product recall can cause severe damage to a manufacturer’s reputation and bottom line.
Business Interruption (BI), also known as Consequential Loss insurance, is an essential insurance cover that helps maintain a business’s income should it be forced to cease trading, or reduce trading capacity for a specified period of time, due to an insured event impacting the business’s gross profit e.g.