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:
With the recent heavy rainfall and terrible weather conditions across NSW and QLD, we have received a significant number of new claims for water damage, with lodgements expected to increase further. Our thoughts are with those whose homes and valued possessions have been affected. To guide you in navigating this situation and the insurance claims process, we have provided some important information below.
With the online insurance market a popular way of obtaining cover, the role of an Insurance Broker may appear less relevant than in previous years. However when it comes to Strata Insurance, it is quite the opposite.
Complex legislation and the intricate, highly involved nature of managing Strata Insurance and strata claims, has meant the role of an insurance broker is more valuable than ever for strata managers.