IT Professionals Insurance Australia

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Insurance for IT Professionals

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Who is Covered Under an IT Liability Policy?

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Business Insurance FAQs

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Understanding Insurance for Graphic Designers

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Home Based Business Insurance

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Information Technology Liability Insurance

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8 Facts About Professional Indemnity Insurance

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Business Insurance in Geelong

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Insurance for Software Developers

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Business Insurance

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How to market professional services

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Insurance for Professionals

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Who needs Professional Indemnity insurance?

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A guide to professional services business

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How to start an IT services business

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What is Professional Negligence?

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Insurance for the Self Employed

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Insurance by Industry

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6 expert tips for starting a career in IT

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Public Liability Insurance QLD

... has its own ... Insurance? The term 'Professionals' encompasses a broad range of occupations that usually require specialist training and qualification. From Real Estate Agents and Marketing consultants to IT professionals ...

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Tech Startups Insurance

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Sole Trader Insurance

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What is Professional Indemnity Insurance?

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STABLE INSURANCE RATES A REASSURANCE FOR SMEs

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Insurance for Glaziers

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7 Common Types of Small Business Insurance

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Insurance for Tradesmen

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Does your lash business need salon insurance?

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Insurance for Carpenters

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Understanding Insurance for Interior Designers

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Public Liability Insurance In Perth

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Public Liability Insurance In Darwin

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Business Insurance In Wollongong

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Public Liability Insurance In Rockhampton

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Public Liability Insurance In Mandurah

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Public Liability Insurance NSW

... occupation having its own ... Insurance? The term 'Professionals' encompasses a broad range of occupations that usually require specialist training and qualification. From Real Estate Agents and Marketing consultants to IT ...

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Business Insurance Melbourne

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Insurance for Finance & Mortgage Brokers

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Insurance for Chiropractors

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What is run-off insurance and who needs it?

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Insurance for pharmacy and pharmacists

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Insurance for Disability Workers

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Insurance for Registered Migration Agents

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Insurance Considerations for Personal Trainers

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Insurance for Victorian Plumbers

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Insurance for Project Managers

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Insurance for Plumbers

... Indemnity Insurance* Professional Indemnity insurance * is an important form of protection for businesses that provide specialist services or professional advice. It is designed to respond to claims against your ...

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Does Public Liability insurance cover employees?

... service caused them a loss. However, Professional Indemnity insurance (PI) may cover this. As stated ... employees. Workers Compensation is different from PL in that it only covers property damage caused by a company's ...

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Insurance for Cafes

... damage as a result of your negligent business activities. All it takes is for one of your staff to accidentally spill ... other nominated professional fees, incurred in the course of an audit. *As with any insurance, cover ...

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How much does Business Insurance cost?

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A guide to technology careers in Australia 2024

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6 marketing tips for your earthmoving business

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11 profitable small business ideas in Melbourne

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9 startup marketing strategies that work

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No Dramas

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Top 5 profitable small business ideas in Sydney

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Business Horror Stories

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4 small business survival tips for 2024

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Do I Need Public Liability insurance?

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6 ways to save money on tradie insurance

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Cyber Liability Insurance

... If you don't protect it properly, your business may be ... IT systems to conduct business Example occupations: Accountants, Consultants, Estate Agents, Retailers, Hospitality outlets, Manufacturers etc *As with any insurance ...

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Insurance for Car Wash and Auto Detailers

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Reviews related to IT Professionals Insurance Australia

  • You make life a lot simpler in choosing business insurance. Thank you.

    Paulus A
    Information Technology

  • I'm in IT - this is a great site. It was extremely easy to use, and the experience was totally painless.

    Paul H
    Information Technology

  • Amazing. Loved it

    Jason A
    Information Technology

  • Bizcover makes professional insurance easy. Good selection of insurance varieties and options. Easy to review, change and renew. Competitive rates.

    Darren J
    Real Estate Agency Service

Why do IT professionals need insurance?

Just because you’re busy programming, coding, testing, debugging or doing other techy stuff doesn’t mean you can’t get the right insurance. Being the IT person that you are, we don’t need to convince you that getting multiple quotes online, in minutes, is the quickest and most efficient way to secure great insurance cover for your business.

Did you know?

The nature of work undertaken by some IT professionals means the difference between a public or professional indemnity claim can be difficult to determine. BizCover is able to offer a liability package with combined Professional Indemnity and Public Liability insurance from the same insurer. That way, there can be no dispute between insurers as to which policy should respond to a claim.

Insurance for IT Professionals

Professional Indemnity insurance*

The IT world is a fast-changing environment, and whether you’re involved in project management, development, testing or analysing systems this kind of work can be risky business. Does your software code contain errors?   Was there a loss of documents or data as a result of your negligence? As the saying goes, the problem with troubleshooting is that trouble shoots back.

Professional Indemnity insurance provides much-needed financial protection for a wide variety of IT professions. It secures IT professionals and their businesses against claims against them for potential losses arising out of actual or alleged negligent acts or omissions in the provision of professional services or advice.  For claims covered by the policy, it does this by paying compensation due to the third party, together with assisting with defence costs (these are the reasonable costs incurred in investigating and defending a covered claim, including legal fees, expert fees and court costs). It is also becoming a more common requirement for independent contractors to hold and maintain their own Professional Indemnity insurance policies.

Public Liability Insurance*

Chances are you spend most of your time visiting your client’s offices. Public Liability insurance is designed to provide protection for you and your IT 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.

Business Insurance*

If any of the following circumstances relate to your business then you should consider Business Insurance to provide additional protection:

  • Do you own the office where you work?
  • Does your commercial lease require your business to insure glass or building contents?
  • Do you carry or hold stock?
  • Do you rely on computing equipment/servers to get your work done?
  • If the answer to any of these questions is yes, you might want to consider Business Insurance for coverage of one or more of building, contents, machinery breakdown, repairs, theft, restoration or even business interruption insurance.

Cyber Insurance*

Consider the client information or data you may be storing. Do you have plan if your systems suffer a data breach, are hacked or subject to ransomware attack?  Perhaps you should consider if Cyber Liability insurance is right for your business. 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.

The wrong advice

An IT contractor was engaged to recommend and provide a management system for professional services client.

There were a number of problems with the system including crashes and loss of company and customer data. The client lodged a claim against the IT contractor for breach of contract and compensation for damages due to the lost data and loss of revenue whilst the client was unable to service his customers.

Prefer to talk?

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Friendly, helpful service from a business insurance professional.

1300 249 268

Mon-Fri 8.30am-7.00pm
Sat 9.00am-5.00pm

*The information provided is general only and should not be relied upon as advice. No guarantees are provided as to pricing for individual risks.
*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.
*Savings made in May 2023 on IT Liability policy. This information is provided as a guide only and may not reflect pricing for your particular business, as individual underwriting criteria will apply.
*Savings made in May 2023 on IT Liability policy. This information is provided as a guide only and may not reflect pricing for your particular business, as individual underwriting criteria will apply.
*Savings made in May 2023 on IT Liability policy. This information is provided as a guide only and may not reflect pricing for your particular business, as individual underwriting criteria will apply.
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