Insurance for Consultants

... Facility Management Consultant (Non-financial assets) Auctioneer (Non-real estate) Cartographer Community Development Consulting ... of the types of risks Cyber Liability insurance can assist with are ...

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Insurance for Project Managers

... (IT) / Computer Consulting services Construction project management services Architect and Architectural ... a company with employees with Management Liability insurance. This policy will protect ...

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The Risks of Growing Your Small Business

... to fail is not taking risks." - Mark Zuckerberg There comes a ... ... breakdown. With smart risk management, however, and a tailored insurance plan, your business ... all of its risk factors. The range of insurance options on the ...

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7 Types of Insurance Your Small Business Should Consider

... is Small Business Insurance. But what kind of insurance do you actually ... ... business and your appetite for risk. A tradie will face different ... by material damage events. Management Liability Insurance Management Liability Insurance protects the company and ...

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Management Liability Insurance

... 'unwelcome surprises'. And no-one loves risking their personal assets! The changing ... be awarded to any claimants. Management Liability Insurance benefits: Private companies Company ...

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Insurance for Furniture Manufacturers

... wrong. This is where business insurance comes into play and should ... your business' risk management plan. The process of arranging your insurance ... your business' risk management plan. The process of arranging your insurance can feel ... by an insured event. Management Liability* Management Liability insurance is designed to provide ...

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Help Protect your small business' reputation

When it comes to running a small business, your brand and its reputation are priceless. No doubt you've spent countless hours establishing your name by building strong ... surprises that you weren't expecting. Management Liability insurance is created to assist ... cybersecurity is jeopardised? The Allianz Risk Barometer for 2018 identified that ...

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Public Liability Insurance for Cabinet Makers

... , you are presented with many risks from the moment you pick ... considered as part of your risk management plan and can be done ... the right kind ... considered as part of your risk management plan and can be done ... makers, Public Liability insurance. What is Public Liability insurance*? Typically one of ...

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Preparing your store for the holiday season ahead

... increase in safety and security risks. Here are a few tips ... ... Investing in an effective inventory management system to keep track of ... , which includes having sufficient Business Insurance coverage to provide financial protection. ...

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Legal Requirement for Public Liability Insurance

Public liability insurance covers your business for losses ... liability insurance policy can expose a business to a range of risks. ... ... Public liability insurance is a pre-requisite part of a business' risk management policy. ... While not compulsory, the risks of not having public liability insurance ...

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Additional Cover for Professional Indemnity Insurance

... Fernando for his certificates of insurance - it's just part of ... , a busy IT consulting business providing information management services ... , a busy IT consulting business providing information management services to corporate clients. ... options to her professional indemnity insurance. Lynn purchased public and products ...

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The Easter Bunny's Guide to Business Insurance

Each year at Easter millions of kilograms of chocolate are purchased and consumed around the world. In Australia alone close to $200 million is spent on Easter chocolate ... stop working? Within a Business Insurance pack the Easter Bunny would ... environment. Luckily he had a Management Liability policy which helped him ...

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5 Tips for an Insurance Health Check

If your insurance is due for renewal or ... a health check of your insurance to ensure that if the ... ... material damage claim (Business Interruption) Management Liability Protects businesses and business ... have every type of insurance available. Identify your risks in each area ...

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Is Your Businesses Target for Cyber Criminals?

Australian businesses have become a target for cyber criminals, but there are simple ways to protect your business against an attack. BizCover managing director Michael ... data security. Even though cyber insurance has been available for around ... ; Review and test security and risk management measures such as anti-virus software ...

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Customer Spotlight: PerfEx Consulting

Brendan Healy from PerfEx Consulting is what some may call ... Microbiology, a Masters in Project Management, Diplomas in Organisational Behaviour, Kaizen ... Microbiology, a Masters in Project Management, Diplomas in Organisational Behaviour, Kaizen ... his own successful business PerfEx Consulting. PerfEx Consulting is all about creating ...

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Turn the spotlight on hackers and protect your data

... their personal information, there's some risk taken on their behalf. Unfortunately ... ... handle personal information. For example, insurance brokers, bankers, accountants, attorneys, psychologists ... recovery, and extortion or crisis management costs needed to repair your ...

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5 Common Beauty Insurance Claims

As much as we like to hope otherwise, unexpected events happen! Things can go dreadfully wrong despite the best efforts we take to prevent them - and the simplest of ... on it. “Thankfully my Business Insurance policy included building and contents ... help you minimise your risk: Develop a risk management plan to prepare for ...

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Small Business Insurance: Why you might want to ensure you're covered!

Running a business can be rewarding, challenging but also stressful. While you will are taking control of your earning potential and the upside can be great, there are ... risk, your personal assets are also on the line. Having a Management ... why cyber insurance is an important part of your risk management plan as ...

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Business Horror Stories

Running a business can be a wonderful rewarding experience, but sometimes things can go horribly wrong. THE ONLINE ONSLAUGHT We never believe it can happen to us, that ... professionalism. There is always the risk of an unhappy client making ... them down for good. A management liability insurance policy can be the ...

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Cyber Insurance: Is it worth it?

Many businesses think their business is too small to attract cyber criminals. Yet, when it comes to cyber theft, size doesn't matter. Hackers are on the lookout for businesses ... why cyber insurance should be an important part of your risk management plan ... as credit monitoring services Cyber insurance is available for first-and third-party ...

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Insurance for Civil Engineers- what you need to know

... about what kinds of business insurance coverage you may need to ... ... time and project management. Having the right business insurance in place is ... for different types of risks. Public Liability insurance Civil Engineers should also ...

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Insurance for architects- the blueprint to success

... , yet it's not one without risk. From the ground up, your ... ... territory requires. Professional Indemnity Insurance Professional Indemnity insurance should be one of ... business interruption costs and PR management costs. A grand plan Don't ...

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Insurance for Restaurants

... business with Public Liability insurance. Public Liability insurance is designed to provide ... in small business is commonplace. Management liability protects against such instances. ...

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Insurance for Real Estate Agents

... Real Estate Agents, Professional Indemnity Insurance provides important protection against potential ... in the street. Putting some risk management in place will help ensure ...

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Insurance for Engineers

... with a high degree of risk, potentially exposing you to a ... may leave you personally liable. Management Liability insurance will protect your company ...

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What is Professional Indemnity Insurance?

... What is Professional Indemnity Insurance? Professional Indemnity insurance protects professionals against claims ... professions: Health Professions, IT Contractors, Management Consultants, Accountants, Estate Agents etc. ...

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5 Surprising Things Business Insurance Can Cover

When looking for Business Insurance, most small business owners typically ... can get cover for most risks that a small business faces ... ... an unforeseen event. Business Interruption insurance is designed to compensate you ... to cyber security experts, crisis management and PR experts. The tax ...

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Misconceptions Around Professional Indemnity Insurance

... that the claims professional indemnity insurance covers are only the experiences ... ... indemnity insurance can be recognized. If you were somehow involved in consulting ... the level of risk involved. Businesses or consultants whose insurance coverage is ...

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The balancing act of work/life balance: how you can do it all and stress less

This Stress Down Day, we're here to help you gain back some equilibrium at work and stress less along the way. Research shows that 90% of Australians need to stress less ... successful small business. Smarter time management Overworking and working excessively long ... ** Plus Personal Accident and Illness insurance will typically provide benefits for ...

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Insurance for Architects

... , employment practices and statutory liability risks. Management Liability* If you're a company ... may leave you personally liable. Management liability insurance protects directors and officers ...

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Insurance for Cafes

... is exposed to many different risks and hazards that are unique ... you take out a Business Insurance policy Management Liability* When your business ...

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BizCover expands into New Zealand and launches BizCover.co.nz

... , 2011. BizCover, the pioneer online insurance marketplace in Australia and leading ... provider of online professional indemnity insurance, has announced ... years), BizCover.co.nz provides professional indemnity insurance for over 100 different professions ... their businesses and risk management issues rather than sourcing their insurance. At BizCover ...

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How the cost of Professional Indemnity insurance is calculated

... of a Professional Indemnity (PI) insurance policy is calculated and why ... Professional Indemnity insurance. Insurance policy pricing is generally ... Professional Indemnity insurance. Insurance policy pricing is generally calculated on risk factors and ... ,000 BizCover customers with PI insurance during the 2016/17 financial year ...

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easy process.

easy process.--Dany K--Architect and Architectural Consulting Service (Except Construction Project Management)

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Thanks~!

Thanks~!--Mark B--Architect and Architectural Consulting Service (Except Construction Project Management)

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Insurance for IT Professionals

... whether you're involved in project management, development, testing or analysing systems ... of the types of risks Cyber Liability insurance can assist with are ...

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What is Civil Engineering

Civil engineers are responsible for overseeing the development, planning, construction, maintenance, and repair of roads, buildings, and other infrastructure projects ... paths; either contractor or consulting. The consulting civil engineer generally works in ... Civil Engineers should also consider insurance cover options, including Professional Indemnity ...

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Customer Spotlight: Being Brands

For this week's Customer Spotlight we look at creative brand agency, Being Brands. Being Brands is a creative agency located just outside of the Sydney CBD in Hunter ... experience in marketing and project management, and a lot of hard ... and risk of growth, and their high-level clients, that makes their insurance ...

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The Risky Business of Insurance

... and future planning. Managing business risk and ensuring that a business ... ... 'nice to have' insurance. Examples of “must have” insurance: Public Liability– protects ... your insurance needs are: Analyse your specific risks: identify what the risk could ...

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Keep calm and stretch on with Yoga Teacher insurance

... of arranging your yoga teacher insurance go. As a yogi or ... business. Let us centre your insurance chakra by exploring some of ... ... challenges and potential risks. But fear not, there's insurance for that! Let's ... the risk of an accident happening, and that's why Public Liability insurance ...

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Insurance for Manufacturers

... to many financial and legal risks. Regardless of the types of ... may leave you personally liable. Management Liability insurance will protect your company ...

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Public Liability WA

... negligent business activities.    Public Liability insurance is designed to cover compensation ... having its own level of risk. This means premiums will vary ...

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Public Liability NSW

... Government introduced legislation to make insurance more affordable for small businesses ... having its own level of risk. This means premiums will vary. ...

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Public Liability QLD

... negligent business activities.    Public Liability insurance is designed to cover compensation ... having its own level of risk. This means premiums will vary ...

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The Remaining Risk: What Isn't Covered and Why it Matters

... most common issues with Business Insurance is that policy owners often ... protect you against, and the risks that still remain. Being aware ... ... protect you against, and the risks that still remain. Being aware ... work again. Cyber Liability Insurance – Cyber Liability Insurance protects against the expenses ...

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The bricks and mortar of building insurance cover- what you need to know

Your business property is like your home away from home and is the place where you work your magic. Whether you're in the business of providing expert advice to clients ... What is Building Cover? Building Insurance provides protection for material damage ... , the higher the level of risk that your business is exposed ...

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Cyber Liability Insurance

... of the types of risks Cyber Liability insurance can assist with are ... owners sweat. Cyber Liability Insurance can reduce your risks and help you ...

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What is Public Liability Insurance?

... What is Public Liability Insurance?* Public Liability insurance protects your business if ... business source from Know Risk article Public liability insurance for small business ...

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Insurance Considerations for Personal Trainers

Working as a personal trainer can be a rewarding career. Not only do you get to help your clients achieve their goals and transform their lifestyles, but it's also the ... cover these types of risk consider public liability insurance which will provide ... yourself against this risk you should consider Professional Indemnity Insurance, which can ...

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Managing Risk for Tradesmen

... means you're exposed to greater risk than many other business owners. ... ... means you're exposed to greater risk than many other business owners. ... is having the right business insurance. Protect your livelihood Public Liability ...

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Keep cool and carry on - A summer survival guide for restaurants and cafés

Iced teas, tropical fruits, a cheeky ice cream - those signature flavours of summer are something you would be all too familiar with as a restaurant or caf owner. Summer ... insurance. It is designed to protect your business from the financial risks ... an insurable event, Business Interruption insurance can help by providing cover ...

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Beauty to go! What Mobile make-up artists need to know about insurance

There are some obvious pros to working as a mobile freelance make-up artist - you have control over the hours you work, you get to work with a wide range of clientele ... also blemish your reputation, a risk your business cannot afford to ... with your Professional Liability insurance. Portable Equipment Insurance As a makeup artist ...

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Reviews related to insurance for risk management consulting

  • I have played phone tag with several brokers and insurance providers...what a relief to finally find a simple online service.

    Paul C Cunningham
    Consultancy Occupations

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Why do Consultants need insurance?

You offer game-changing results for your clients; we offer a game-changing way to get your insurance. With just a few clicks or a phone call, you’ll get multiple competitive quotes from some of Australia’s leading insurers. Select your preferred policy and you’ll be covered instantly, so you can continue running your business.  

 

Did you Know?

If you’re a consultant working as a sole-trader you are personally responsible, both legally and financially, for all aspects of your business. In other words, there is a potential for you to have enormous liability exposure, which may affect your personal assets if things go wrong. 

Insurance for Consultants

Professional Indemnity*

There are literally hundreds of different consulting professions, yet all are required to provide a professional service or specialist advice.  Professional Indemnity insurance is designed to protect you from losses claimed by clients that are incurred as a result of your actual or alleged negligence or omission in the provision of your professional service or advice.  

Your Professional Indemnity policy, will cover the award of compensation payable to a third party together with your defence costs (which can include legal fees, investigator fees and expert fees)   

Examples of some of the many consultancies  who can take out Professional Indemnity Insurance through BizCover include: 

^Accurate as at  September 2019 

Public Liability Insurance*

Public Liability insurance is a no brainer for all types of consultancy services. 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 are injured or sustain property damage as a result of your negligent business activities.

Meeting with your clients, either at your office or if you visit them at their premises, means you’ll be exposed to potential mishaps and accidents – think of a client tripping over at your premises or if in the excitement of presenting your proposal at their office you knock over that expensive art work.

Business Insurance*

Your clients bring in your income, but where would you be without your business assets?  

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. 

Cyber Liability*

Consider the client data you may storing and the consequences if your systems were compromised.  

A cyber liability insurance policy is designed to help protect you from claims and support your profitability in the event of a cyber breach or attack. Costs associated with defending a cyber claim are also covered.  Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to a cyber event. 

*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy document.  The information contained on this webpage is general only and should not be relied upon as advice.

Common causes of claims