The career of an architect is an exciting one, yet ... the challenge of crafting plans and working on demanding projects where ... ... Why do I need architect's insurance? Within Australia, the architecture industry is regulated by eight states and territories, each with their own Architects Act and registration boards . And with that comes varying ...
read more... Navigating the world of business insurance can be confusing which is ... created a guide to business insurance for the self-employed ... types of ... insurance provider. Claim example The Insured was an architect hired to provide advice and ... ceases to operate, for any acts, errors or omissions that may have occurred prior to ceasing the ...
read more... a good foundation of mathematics and science, and enjoy working outdoors, you ... to the growth and development of cities, states and< ... , architects, government agencies, engineers and builders ... and government development projects, and in most instances, certifications and licenses may transfer between different cities, counties, and states. Insurance ...
read more... rise of the Egyptian pyramids and introduction of infrastructure has grown ... one that demands precision, experience, and a solid understanding ... with others in the engineering field, such as those who build bridges, sewage systems, farming, architects, geologists, and government or military officials. In fact, many government agencies or military branches have in ...
read more... is one of twists, turns and the occasional speed bump. In ... the long run. Strap in and come along for the ride ... ... hand is needed. The business world is unpredictable and regardless of whether you are a mechanic or an architect, curveballs can be thrown in the way. Having business insurance in place to protect your business from ...
read more... a small business, your brand and its reputation are priceless. No ... strong relationships with your customers and clients, and it can take ... 's face it, we are all human and mistakes do happen. Fortunately, Professional Indemnity insurance is designed to protect your business should you or your staff make an error, omission, or, breach of your professional ...
read moreIn the insurance world, we focus on loss ... on the nature of risk and we pride ourselves on the ... for the wins as well, and [] ... and deserve to be put on a pedestal. Wins are what you want them to be. If you're an architect ... together. THE UPS AND DOWNS Insurers don't always focus on the negatives. In fact, we see insurance as a hugely ...
read more... exposed to lots of risks, and if something does go wrong ... ... to take a substantial amount of time off work to recover, however, he fortunately had Personal Accident and Illness insurance and was able to claim $600 per week, which greatly assisted him whilst he was off work. In ...
read more... make Professional Indemnity Insurance simple (also known as errors and omissions insurance, PI or Professional ... Indemnity). What is Professional ... comprehend, but only at first. One of BizCover's aims is to make Professional Indemnity Insurance simple (also known as errors and omissions insurance, PI or Professional Indemnity). What is Professional Indemnity ...
read moreVery responsive service and competitive insurance pricing. Thank you Wanda--Wanda B Buza--Registered Migration Agent
read moreIt was easy to obtain quotations and the insurance coverage from BizCover--Terry D--Auditing Services
read moreOne stop shop made it easy to get quotes and finalised insurance policies.--Stuart G--Information Technology Services (IT)
read moreVery responsive service and competitive insurance pricing. Thank you Wanda--Wanda B--Migration Agency Service
read more... at Personal Accident and Illness insurance and Cyber Liability insurance. We share the ... ins and outs of ... Personal Accident ... for the self-employed guide, we take a look at Personal Accident and Illness insurance and Cyber Liability insurance. We share the ins and outs of why self-employed workers need to consider these forms of cover ...
read more... exceptionally hard, mistakes can occur and have the potential to lead ... the nature of the job and the potential of other work ... issues, protecting ... the documentation of the properties they review. Since errors and on-the-job accidents can occur, it's vital for them to protect their best interests with some sort of insurance protection. There are multiple types of ...
read more... estate agent is an exciting and ever-changing career. You're ... to help your clients find and sell their properties, a job ... consider the appropriate ... insurance may also provide important protection against potential losses arising out of errors or omissions ... to earn an income? Cyber Insurance * When you are handling and storing client data, the ...
read more... attention, from managing client requests and orders, packing the kids ... marketing campaigns, sending packages, oh and maybe squeezing in 5 minutes ... or omissions in the provision of your professional service or advice. Professional Indemnity insurance will ... having to replace all your stock.. Contents and Stock insurance policies provide coverage for loss of or damage ...
read more... insurance sorted. There are many kinds of coverages on the market and ... it comes to getting your insurance sorted because no two businesses ... negligent acts or omissions in the provision of your professional service or advice. PI Insurance will also assist ... architects, real estate agents, and accountants, just to name a few. Business Insurance ...
read more... using an eye for detail and a creative flair. Like any ... where having the right business insurance in place is vital. Let ... through the ins ... to making a house a home using an eye for detail and a creative flair . Like any profession , it isn' ... or omissions in the provision of your professional service or advice. Professional Indemnity insurance will ...
read more... rely on your expert advice and services as a physiotherapist. You ... help ease their aches and pains from minor sprains to ... ... acts or omissions in the provision of your professional service or advice. Professional Indemnity insurance will ... cover provides protection for the loss of income and increased costs of operating your business caused by ...
read more... graphic designer is an exciting and creative job but like other ... invest in your artistic talents and have high expectations when it ... , that ... of the different types of business insurance to consider and how they can help protect your business ... a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. ...
read more... is Small Business Insurance. But what kind of insurance do you actually ... ... important you know the difference. Professional Indemnity Insurance is applicable to many professions, such as chiropractors, consultants, engineers, architects, real estate agents, and accountants, just to name a few ...
read more... a wide range of clientele, and you can build your own ... of. But making people look and feel amazing is just [ ... ... they are accidentally lost, damaged or stolen (from a locked premises or vehicle). Personal Accident and Illness Insurance Being self-employed brings many benefits, but a downside is not receiving any sick pay ...
read more... you have the right business insurance. When it comes to insuring ... an overwhelming choice of policies and policy options [] ... them. A food poisoning scenario could more than sour your business reputation with the potential for multiple lawsuits to occur, and without insurance in place, you're the one who will have to foot the bill! Business ...
read more... is where business insurance comes into play and should be one of ... . The process of arranging your insurance can feel overwhelming at times ... to consider, like protecting your business if things go wrong. This is where business insurance comes into play and should be one of the foundations of your business ' risk management plan . The ...
read more... is hurt - badly - and you're responsible. You hang ... ... a rare thing. But the desire to find a simpler solution for the traditionally time-and-cost-sapping process of buying business insurance is what drove Gottlieb to do things differently at BizCover. “In the past, there ...
read more... and BRW. Click here to read the BRW article. Self-proclaimed insurance ... newcomers to the insurance sector, such as Coles and Woolworths ... new generation of consumers is turning to aggregator sites such as iSelect for health insurance and Wotif in travel for convenience and competitive pricing. Mr Gottlieb expects BizCover sales to grow by 50 per cent in ...
read more... by not having the right insurance in place? Read on to ... ... also includes portable computers. When arranging your policy, insured items need to be identified and valued on your insurance certificate. To help make things easier, it's a good idea to take photos of newly purchased ...
read moreWhen it comes to building and creating quality pieces of craftsmanship, ... eye for detail, with precision and creativity learnt over time. Building ... to find themselves in. This is where Personal Accident and Illness insurance can provide some reprieve when you need it most. Personal Accident and Illness insurance * can provide different levels of cover for ...
read more... protecting your business and your customers with Public Liability insurance. It offers ... , or damage to their property. And whilst [] ... owner, there's no doubt you're aware of the importance of protecting your business and your customers with Public Liability insurance . It offers protection should a customer, supplier, or even member of the public, sue ...
read moreGetting the insurance sorted for your small business ... , jump online, compare quotes and buy the insurance that suits your business ... not ... update your coverage every year. No doubt your business is on the move and changing and so your insurance needs will also be changing and you'll want to make sure you have a policy that covers your business for now. You ...
read more... clients, cash flow, staff, stock and future planning. Managing business risk ... and ensuring that a business can ... businesses are uninsured ... direct result of their job. Any business with employees are required to have WC How you buy insurance can save you time and money Shopping around to compare what's covered is an important part of the process; there ...
read more... of retail is fast-paced and varied, with no two days ... creates a recipe of risks and opportunities for things to go ... customers to handling ... in cash, kept in the same drawer as the cigarettes. The service station owner lodged a claim under their Theft and Money insurance* covers for $13,000. Once the claim was verified it was paid by the insurer as per the ...
read more... the needs of your business and the best way to insure ... ... it? Let's take a quick look at some of the risks your convenience store is exposed to and how insurance can help safeguard it from potential disasters. Dealing with the public In retail, you deal with people every ...
read more... back some equilibrium at work and stress less along the way ... ... could you keep paying the bills, ensure you have enough money for recuperation and still afford a decent lifestyle? Personal Accident and Illness insurance covers* you for loss of income if you were unable to work as ...
read moreYour business might pride itself on great service or friendly staff, but your success is really built on the trust your customers have in you. After all, when they ... $3m in revenue) that handle personal information. For example, insurance brokers, bankers, accountants, attorneys, psychologists and health insurance providers all routinely work with people's personal data. Don ...
read more... 're an expert in construction and oversee the development of civil ... for your pearls of wisdom and professional services. Like any profession . ... could include: • A design fault • A design omission • Negligent advice • Incorrect assessment • Failure to advise ... of your business plan. Having the right insurance and levels of cover in place helps safeguard your ...
read more... most common types of business insurance, but do you really know ... and how they can protect your business. What is Public Liability insurance ... actual negligence or errors in your professional services or advice. Your Professional Indemnity insurance will meet the ... Contractors looking to work for the government and many organisations required to have cover to ...
read more... about what kinds of business insurance coverage you may need to ... ... omissions in the provision of your professional service or advice. Professional Indemnity insurance ... to know the difference between Professional Indemnity and Public Liability insurance, as these are two very different ...
read more... often means wearing many hats and making important decisions about your ... to looking after your staff and everything else in between there ... ... advice and services then Professional Indemnity insurance is a no-brainer. It is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions in ...
read more... kilograms of chocolate are purchased and consumed around the world. In ... ... Insurance pack the Easter Bunny would have cover for machinery breakdown and ... and his business for the associated fines. Of course this coverage doesn't cover deliberate, intentional or reckless acts or omissions ...
read more... most common issues with Business Insurance is that policy owners often ... it does protect you against, and the risks that still remain ... ... arising from any act, omission, or breach of duty in the delivery of a service. Business Insurance – This can cover your work premises and contents against loss, damage or theft, and guard against financial loss ...
read more... involves experience, strong product knowledge and trust. When your clients put ... the appropriate types of business insurance. [] ... a great deal of responsibility and no margin for error. But for those times when your clients are dissatisfied with your advice, h olding Professional Indemnity insurance becomes a safeguard worth having invest ...
read more... that the claims professional indemnity insurance covers are only the experiences ... not true, in this day and age anyone can sue anyone ... else ... that if anything happens that causes them a loss, your insurance will pay for it. Such an example may be that you area private consultant and the contractor made an error in numbers causing your client a financial loss ...
read more... control of your earning potential and the upside can be great ... of outlays to make initially and deciding what you spend your ... limited resources ... certain types of insurance is required. For example you'll find Professional Indemnity is comp ulsory for finance and mortgage brokers, real estate agents, architects/draftsmen, bookkeepers and agents - so typically ...
read more... leading-edge online insurance model that connects independent professionals and small businesses ... (E&O) insurance solutions. With unprecedented ... U.S. BizInsure is the product of two great companies coming together - the insurance experts at Woodruff-Sawyer & Co. (WS&Co.) and the cutting-edge technology of BizCover Pty Ltd (BizCover). After two years of diligent ...
read moreIf you are a professional and have your own company, then ... advisable that you have professional insurance, which can also be referred ... to as professional ... , you should have professional indemnity insurance that provides coverage against lawsuits filed because of misrepresentation, negligence, inaccurate advice and/or violation of fair dealing and good faith. Therefore, if ...
read more... price increases in the business insurance market, SMEs are continuing to ... the cost of business insurance, the BizCover SME Insurance Price ... all three groups saw have seen no increases in the overall prices for their insurance, there have been changes within product groups and industries. The Full Report can be viewed here . Trades have seen increases in ...
read more... expanded their general insurance offering to include business insurance, through a partnership ... , Australia's leading small business insurance ... frustrating experience. BizCover's purpose is to make it easy for SMEs to understand, compare and buy business insurance in minutes.” Gottlieb added “We are delighted to be partnering with iSelect, as this partnership ...
read moreBreathe in, breathe out, and let a wave of calm ... of arranging your yoga teacher insurance go. As a yogi or ... business. Let us centre your insurance ... deliver the best experience possible. Despite your best effort things don't always go to plan and you may need to have insurance to protect your business! Teaching yoga brings with it a whole host of benefits as well ...
read more... trend of insurance price hikes. Whilst the Australian Small Business and Family ... Enterprise Ombudsman is running an inquiry into the availability ... on a 1.3% decrease in prices quarter on quarter for Professional Indemnity insurance. The one area that has seen ongoing fluctuations and an increase in prices this quarter is in property, which has been particularly ...
read more... the most common types of insurances for tradies, but do you ... down the ins and outs of Public Liability insurance and what you need ... ... s for tradies , but do you really know why ? We break down the in s and outs of Public Liability insurance and what you need to know , without the boring bits. So what is Public Liability ...
read more... in the world of business insurance, it can feel like you ... you and created a simple, comprehensive guide on all things Business Insurance ... -free experience give us a call or jump online. At BizCover, we make arranging your business insurance easy and lingo-free. Receive multiple quotes from some of Australia's leading insurers in minutes. * ...
read more... opportunity to pursue your passion and being in control of your ... of managing your finances, marketing and other key plans for success ... focus ... insurers in the click of a button , hassle-free. *As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page ...
read more... quote can be done online and only takes a few minutes ... can protect yourself and your assets with business insurance. However, figuring ... . They i dentif ied how frustrated Australian small business owners were with navigating the insurance landscape and decided to build a solution specifically tailored for SMEs . Whether you're a sole ...
read moreMore larger businesses with simple insurance needs are using BizCover for ... their insurance, while smaller businesses benefit from ... this quarter ... using the platform. Bigger businesses are now moving to BizCover to quickly and easily get cover due to an increase in insurance carrier appetite on the BizCover platform. While smaller businesses with less revenue ...
read more... and professionals have seen material price reductions on their Public Liability insurance ... , while prices have remained steady across other products ... had actually gone down by $15, when you normally expect your insurance to go up. It may not sound like much, but when the cost of living and running my business is ever increasing, it's a relief to see that my business ...
read more... and can be done easily with the right kind of business insurances ... ... place. Regardless if you are self-employed, a sole trader or a contractor, there are business insurance options to suit your busi ness and its needs. Let's take a look at what is often one of the most important ...
read moreKnow you need business insurance but aren't sure how ... business for a while and looking to buy insurance for the first ... ... cover is enough? Whether you're opening up a new business or have been in business for a while and looking to buy insurance for the first time; there are a few questions you can ask yourself upfront to help save you ...
read moreIf your insurance is due for renewal or ... of your insurance to ensure that if the unthinkable happens and your ... ... review of your business, it's worth taking time to do a health check of your insurance to ensure that if the unthinkable happens and your business is hit by a major event, you not only have the right cover but also ...
read morePublic liability insurance covers your business for losses ... . Failure in obtaining public liability insurance policy can expose a business ... inevitably ... Recall; or Punitive Damages. However, this is only a basic list as to what public liability insurance covers and a policy should be tailored to a business' needs based on the risk areas identified in consultation ...
read more... their perfect purchase, managing stock, and taking care of your staff ... to go wrong, and that's where business insurance can help save ... , the retail industry is one which is exposed to many potential risks for things to go wrong, and that's where business insurance can help save the day. Whether you're selling the finest frocks in town or an ...
read more... , the pioneer online insurance marketplace in Australia and leading provider of online ... professional indemnity insurance, has announced ... amongst three insurers. BizCover's goal is to provide clients with greater choice and convenience when obtaining their insurance policies. We are confident that BizCover's business model of a contestable platform ...
read more... 'What limit of Professional Indemnity insurance do I need?' While this ... idea to contact the association and check whether there [] ... ... association, it is always a good idea to contact the association and check whether there is a minimum limit of Professional Indemnity Insurance you are required to maintain to comply with their compliance requirements ...
read more... your home away from home and is the place where you ... ... business keep operating? In this article, we have a closer look at the blueprint and basics of one the most important types of insurance you need if you own your own commercial property: Building Cover What is ...
read more... Professional Indemnity (PI) insurance policy is calculated and why one profession can ... Indemnity insurance. Insurance policy pricing is ... of the key factors that that impact the cost of Professional Indemnity insurance. Insurance policy pricing is generally calculated on risk factors and put simply, the higher the level of risks, the higher the premium ...
read morePublic Liability insurance. It's one of those ... Liability policies are the same and along with cost, there are ... ... 4. Take the time to compare quotes There are many options when it comes to purchasing your Public Liability insurance and one thing to keep in mind is the cheapest option may not always be the most suitable for your ...
read moreBizCover's SME Insurance Price Index has unveiled a ... the COVID-19 pandemic with insurance rates remaining flat for a ... acquired from BizCover's ... levels from the previous quarter with some notable declines across the Trades and Retail industry segments. Prices for insurance across its Professionals industry segment showed marginal increases largely attributed to ...
read moreWhen looking for Business Insurance, most small business owners typically ... such as their legal liabilities and top of mind assets such ... as their ... , body or agency, including professional fees for bookkeepers, accountants, lawyers and other associated costs. Every business has different insurance needs depending on the industry you operate in, the kind of ...
read more... 's leading FinTech providers, BizCover and comparethemarket.com.au have joined ... online provider of small business insurance, having helped over ... says, “Our White Label solution is a key part of our mission to make business insurance even more accessible for SMEs and our partnership with comparthemarket.com.au makes this even more possible.” He added, “We are ...
read more... members should hold and maintain Professional Indemnity and Public Liability insurance. #1 Protection ... against claims of negligence, malpractice ... a copy of your policy or certificate of currency, including the modalities covered and insured amount. #4 Recognised Health Insurance provider To enable your patients to be able to claim a rebate on their ...
read moreBuying any insurance, can be a confusing and time consuming process. And when it ... comes to getting your Professional Indemnity Insurance ... , can be a confusing and time consuming process. And when it comes to getting your Professional Indemnity Insurance , it can be even more so. Here are 7 tips for Accountants to consider when it comes time to get ...
read more... The BizCover Small Business Insurance Price Index is indicating ... market for small business insurance continues to benefit from ... stability in ... as forecast in the last BizCover Small Business Insurance Price Index. “Insurers have managed to retain these premium increases due to the complex nature of these products and also the lack of competition in this area ...
read moreInsurers hold on to SME Insurance Premium Price Increases! Despite a ... BizCover Small Business Insurance Price Index has shown insurance rates ... , Managing Director of BizCover commented “While there is still an abundance of capacity and fierce competition in the insurance market, insurers have managed to hold onto their rate increases from last quarter. I ...
read moreThe Quarterly BizCover Small Business Insurance Index has shown that Australian ... enjoyed the end of declining insurance premiums with an increase ... insurers will be able to continue to further push premium rates up. It is a great time to be a buyer of insurance and if businesses are willing to obtain multiple quotes it is likely they could still save on their ...
read more... Fernando for his certificates of insurance - it's just part ... ... based business Skin Naturalé Lynn Ross also holds extra cover options to her professional indemnity insurance. Lynn purchased public and products liability (PPI) when she started her business selling natural ...
read moreWhile the terms 'cybercrime' and 'data breach' may not have ... have on Australian small businesses and what you need to know ... ... Symantec Internet Security Threat Report, April 2016) What is Cyber Liability Insurance and what does it cover? Cyber Liability insurance can protect your business from the impact of cyber threats ...
read more... the globe, particularly in Australia and especially to small businesses. The ... , no small business is immune and [] ... even the best security systems are vulnerable to breaches. By implementing a few basic preventative measures and robust Cyber Liability insurance, small business' are ensuring they are able to survive cyber-attacks, now ...
read more... your business and effectively 'lock up' operations. Business interruption insurance can provide ... both peace of mind and a much ... ... , you'll need to ask yourself two very important questions. Do I have Business Interruption insurance? And, are both the property and the cause of the event included in the coverage? If the answer to both is 'yes ...
read moreInsurance Premiums for Retailers Continue to ... Small Business Insurance Price Index has been released (Graph 1), and similar ... an increase ... Premiums for Retailers Continue to Climb The latest BizCover Small Business Insurance Price Index has been released (Graph 1), and similar to quarter 2 of last financial year, the index is showing an increase ...
read more... your clients achieve their goals and transform their lifestyles, but it ... consider how to protect yourself and your business from the [ ... ... Luckily many insurers have realised that trainers face both these risks and have combined the two covers into one insurance package. So you can choose to get one policy rather than two. What about you? Your ...
read more... is now in full swing, and if you're like some ... with your money in 2016 and perhaps even save more! Whilst ... ... resolved to be a bit smarter with your money in 2016 and perhaps even save more! Whilst we are not qualified to ... you may be able to make a saving on your insurance. Also if you are no longer doing certain business ...
read more... customer data they can steal and sell on the black market ... ... the ransom, network restoration costs, notification costs as well as credit monitoring services Cyber insurance is available for first-and third-party losses, which in plain language means that if your business has ...
read moreOur optometrists, chiropractors and occupational therapists, as well as ... yourself is with professional indemnity insurance. This type of policy provides ... you can find the right cover at the right price. BizCover is the best way to get immediate insurance protection, and because everything is online, there's no messy paperwork involved. To find out more, go to bizcover ...
read moreIn January, our Managing Director Michael Gottlieb was interviewed by Insurance Business magazine, giving his outlook on 2014. Insurance Business - The In January, our Managing Director Michael Gottlieb was interviewed by Insurance Business magazine, giving his outlook on 2014. Insurance Business - The Year Ahead
read moreOur optometrists, chiropractors and occupational therapists, as well as ... yourself is with professional indemnity insurance. This type of policy provides ... can find the right cover at the right price. BizCover is the best way to get immediate insurance protection, and because everything is online, there's no messy paperwork involved. To find out more, go to bizcover ...
read moreProfessional indemnity insurance is handcrafted to provide coverage ... ... is why many people turn to a concept like professional indemnity insurance, which can cover and protect both parties where they need the coverage and protection most: Their bank account. In life, mistakes happen just ...
read more... , the latest BizCover Small Business Insurance Index is showing little change ... stricter underwriting criteria and higher prices, excess capacity ... , commenting: “There is still a lot of competition in the market and insurance profitability remains strong, so I don't see the cost of business insurance increasing in the short term. Loss ratios in areas like property ...
read more... are out of your control and have a big impact on ... business and your bottom line. Whilst you've got the insurance to ... ... 's hard to plan for everything. Here are some of the most common BizCover Business Insurance customer claims, and tips on how to prevent them. Theft Theft is unfortunately common for small businesses, especially ...
read more... ; however the BizCover Small Business Insurance Price Index for the first ... ... flat over the quarter (Graph 1). A win for small businesses! Prices across all insurance classes were stable across the quarter, and this was reflected across most industries as well. The retail industry did see a ...
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Architect and Architectural Consulting Service (Except Construction Project Management)
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Architect and Architectural Consulting Service (Except Construction Project Management)
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Architect and Architectural Consulting Service (Except Construction Project Management)
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Architect and Architectural Consulting Service (Except Construction Project Management)
I compliment your company on such an easy and effortless way to acquire insurance with good information when comparing Insurer options.
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Architecture & Surveying
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Architecture & Surveying
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Architectural Drafting Service
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Architectural Drafting Service
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Architectural Drafting Service
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Architectural Drafting Service
Don’t let a potential mistake that falls through the cracks become a permanent problem. Instead, let BizCover ease your worries with insurance for architects. With just a few clicks or a single phone call you can get covered instantly, so the only thing that needs to stand the test of time is your grand design.
As Frank Loyd Wright once said “You can use an eraser on the drafting table or a sledge hammer on the construction site”…. or you can use BizCover!
The architecture professionin Australia is regulated by each of the States and Territories, with each having separate Acts, Regulations and Registration Boards.
For information regarding the requirements for each jurisdiction check on the Architects Accreditation Council of Australia website.
As an architect or draftsperson, you understand the challenges of designing and delivering complex projects. Your work has the potential to cause serious issues if things do not go according to plan. A simple error or omission could lead to a costly Professional Indemnity claim.
Thankfully, Professional Indemnity insurance is designed to provide your business with a solid plan. It helps protect businesses and individuals that provide specialist services or professional advice from losses caused by actual or alleged negligence in the advice or service provided. For Professional Indemnity claims indemnified under your policy, it will cover the compensation payable to a third party together with defence costs (which can include legal fees, investigation costs and expert fees).
Did you know that PI insurance is known as ‘claims made’ cover, which means you need PI insurance to be in place when the claim is made against you. So, even if you have shut up shop, retired or decided you’d rather be sipping cocktails on a tropical beach, you should consider run-off insurance which continues to provide important Professional Indemnity insurance for your business for any claims arising from work you do before finishing up but which are notified to you after the doors have closed.
Do you need Public Liability insurance? The short answer is probably yes. Chances are you’ll have regular contact with clients, contractors and the general public. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.
Your clients bring in your income, but where would you be without your business assets? Without insurance cover, you could be hit with a few unwanted challenges that could leave you reaching deep into your pockets.
Business Insurance is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. In addition, cover is available for public liability, tax audit, employment practices and statutory liability risks.
If you’re a company director or senior manager, we’re sure you don’t want any unwanted surprises that may leave you personally liable. Management liability insurance protects directors and officers and the insured company itself from the many exposures relating to the management of a company. Owners and those responsible for the management of a company have specific responsibilities which can result in personal liability for alleged or actual wrong–doing.
| *As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice. |
An architect prepared a town planning application for a self-storage facility using computer-assisted design. While preparing the drawings there was an error inputting data into the system which would (and did) result in the development being built three metres shorter than planned. The property was then subsequently sold to a development company.
During construction of the self-storage facility, it was discovered that only 198 self-storage units would be constructed and not the 235 as contained in the original design. The property developer claimed from the architect over $500,000 in damages due to loss of income that would be incurred by having fewer storage units and for the decrease in value of the business. Luckily, the architect’s professional indemnity insurer was there to pick up the bill!
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