Whether you’re an architect, an IT consultant or or a real estate agent, Professional Indemnity insurance* is something you may wish to consider to help safeguard your business.

When you’re in the business of giving advice or providing a specialist service, you may need insurance to protect against mistakes, negligence, and other types of professional wrongdoing. In Australia, having coverage may even be a legal requirement.

Australian builders can get insurance to protect just about any part of their business—from tools and materials, tool and equipment cover, contract works, and protection against worksite hazards like property damage and workplace accidents. But there might be one part of your business that’s not yet covered—your professional services and advice.

From 1 July 2026, registered practitioner will be required to hold Professional Indemnity insurance under the Design and Building Practitioners (DBP) Act 2020. To learn more about this new insurance regulation, we reached out to our partner Lawpath to break down some of these changes.