Insurance News
What Limit of Professional Indemnity Insurance Do I Need?November 4, 2009
A question frequently asked by consumers is ‘What limit of Professional Indemnity insurance do I need?’ While this is a difficult question to answer, there are some guidelines that you can use when making your decision....[Read More...]
2010 Marks a New Year for Professional Indemnity Insurance in AustraliaAugust 3, 2010
The market changes in the Insurance industry will have a particular impact for those professions who much carry Professional Indemnity Insurance in Australia. 2009 saw the signs of a returning hard market in all areas of insurance with numerous losses r...[Read More...]Business Insurance: Good News For Those in WAJune 8, 2010
Business Insurance: Good News For Those in WA carrying Work Cover Insurance
With the economy still being quite unsettled and business insurance being extremely high those businesses that carry Work cover insurance in WA received good news today. Due to a wage...[Read More...]
Mega Capital to be UAC PI BrokerMay 21, 2010
MEGA CAPITAL, the quiet, very achiever insurance broker has been anointed to offer a professional indemnity program specifically for UAC members. A UAC taskforce, led by director Jo Lindsay-Eschbank chose Mega Capital a specialist professional risks broker, after sel...[Read More...]Professional Indemnity News: Bad News For Insured and Insurers AlikeApril 14, 2010
Professional Indemnity insurance is meant to, as a means to, provide protection for Australian businesses who give advice to clients that may result in financial or other losses to these clients. All specialist advisors such as private bankers, financia...[Read More...]Australia’s Business Insurance Fraud EpidemicMarch 23, 2010
The business insurance industry in Australia is under fire. This is because business insurance underwriters are feeling the heat from two opposite sides. And both sides are being aggressively investigated for insurance fraud. On one side of the coin,...[Read More...]Increased Premiums for Professional Indemnity InsuranceMarch 5, 2010
It is expected that thanks to new regulations, professional indemnity insurance premiums for Australians will be increasing. The Australian Securities and Investments Commission (ASIC) enacted the new regulations which took effect on Januar...[Read More...]