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Professional Indemnity Insurance for Consultants

A large number of people that start businesses, in Australia have been experiencing a steady growth in business for the past few years. One area that is growing in magnitude is the idea of starting a consultancy business which offers an individual’s expertise to people who need it. However, there is a comes a risk […]

What Professional Indemnity cover do I need

What Limit of Professional Indemnity Insurance Do I Need?

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. If you belong to a professional association, it is always a good idea to contact the association and check whether […]

When you need professional indemnity insurance

Sometimes Professional Indemnity Insurance is Needed

Professional indemnity insurance is handcrafted to provide coverage for claims brought against the policy holder due to professional carelessness or accusations. Sometimes, the claim can be based on the policy holder’s client bringing a claim against them due to bad advice, information which has led to financial loss. This is why many people turn to […]

Misconceptions about professional indemnity insurance

Misconceptions Around Professional Indemnity Insurance

A common misconception is that the claims professional indemnity insurance covers are only the experiences of the business that does inadequate work for clients. This is not true, in this day and age anyone can sue anyone else over almost anything and sometimes they even win. Even when they do not win, a certain portion of the […]

Why you need professional indemnity insurance

How Does Professional Indemnity Insurance Benefit You?

If you are a professional and have your own company, then it is advisable that you have professional insurance, which can also be referred to as professional indemnity insurance. Professionals are expected to possess extensive technical knowledge in their specific area of expertise. They are also required to perform their services as per standards of conduct. […]

Investec Acquisition of BizCover the Right Decision

The acquisition of BizCover, an Australian-owned online professional insurance broker marks another key milestone for Investec. FOR IMMEDIATE RELEASE PRLog (Press Release) – Apr 27, 2009 – The decision made by Trevor Sacks from the Investec team to invest a 20% equity stake in Mega Capital has proven to be the right decision with the successful launch […]

Who is Covered Under an IT Liability Policy?

Information Technology Insurance Professionals in the information technology sector face potential liabilities from clients and third parties everyday. Clients expect good, sound advice with a quality product including installation. They rely on you to get it right so their systems work efficiently and they can get on with business. The problem is good advice and […]

A Guide to PI Insurance

Professional Indemnity Insurance (PI) is difficult to 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 Insurance? Professional Indemnity Insurance is a form of business insurance for professionals who are in industries where others may use and […]

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