Professional indemnity insurance broker services Australia wide

Professional indemnity insurance is more than just a recommendation for professional consultants who provide advice/designs/services. Mandatory for their piece of mind, professional indemnity insurance offers protection against claims raised following a breach or mistake (or alleged breach/mistake) caused in the course of conducting your professional activity. This insurance has as main purpose the protection of the company’s assets and reputation when a customer claims you have made a mistake when providing your services.

Our professional indemnity insurance brokers are ready to assess your business and evaluate the possible risks associated with your field of activity. Based on their evaluation, our insurance agents can recommend the right insurance tailored to meet your business’ needs.

Call us today and protect your business with a customized insurance plan!

Call Now: 03 8595 5435
Get A Quote

Professional indemnity insurance broker services Australia wide

Professional indemnity insurance is more than just a recommendation for professional consultants who provide advice/designs/services. Mandatory for their piece of mind, professional indemnity insurance offers protection against claims raised following a breach or mistake (or alleged breach/mistake) caused in the course of conducting your professional activity. This insurance has as main purpose the protection of the company’s assets and reputation when a customer claims you have made a mistake when providing your services.

Our professional indemnity insurance brokers are ready to assess your business and evaluate the possible risks associated with your field of activity. Based on their evaluation, our insurance agents can recommend the right insurance tailored to meet your business’ needs.

Call us today and protect your business with a customized insurance plan!

Call Now: 03 8595 5435
Get A Quote

Why you need indemnity insurance in Australia

As long as you are running a business that provides advice/designs/services to customers, you are exposed to the possibility of having to face claims derived from the negligent conduct of business. The claims are usually related to financial losses caused by your actions as a result of a breach of professional duty.

Regardless of your experience and qualifications, if you own a business in Australia that provides professional services, designs, and/or advice you can become the subject of a claim based on an (alleged) mistake related to your advice, service or design. Your professional reputation will be at stake in this unpredictable scenario! That is why it is imperative to get professional indemnity insurance in Australia and protect your work, reputation, and business. Professional indemnity covers the costs of litigation and protects your professional assets.

What is the cost of PI insurance

Considering the benefits associated with professional indemnity cover, the costs incurred are more than reasonable. Especially if you work with our insurance brokers who are up to date with the current insurance offers from all the major insurance companies in Australia.

The average price of professional indemnity insurance for a small business is $84 per month, with a minimum of $51 and a maximum of $100 per month. However, there are no standard prices for professional insurance policies. The cost of professional indemnity insurance for a small business depends on several factors:

  • business size
  • turnover
  • field of activity
  • value of insurance cover
  • number of individuals covered
  • individual claim history

As expected, the riskier the occupation for which you want to get professional indemnity cover, the higher the insurance costs. Professional indemnity covers can be contracted for values between $1 million and $10 million.

Insure your small business with professional indemnity cover

Small businesses need to be sure they have the right protection. A single claim from a customer or a third party related to a financial loss, injury or damage caused by a mistake or failure of a professional can result in irreparable damages for the professional at fault. If the professional (or his or her partner, employee or volunteer) is found to be at fault for the financial loss, injury or damage, he or she will have to cover the awarded damages, as well as the costs and expenses incurred by the litigation. Such a result could easily destroy a small business!

Get your professional indemnity cover! Make sure your small business has the right protection against any claim of professional misconduct, breach of duty or malpractice.

Professional indemnity insurances for consultants

Regardless of their field of activity, consultants need to be at all times covered by insurance. Whether they are management consultants, financial consultants or solicitors, their clients rely on their advice when they make important decisions. As soon as their advice does not return the expected level of success, their clients can file a claim against their consultant and try to cover their losses.

This is when professional indemnity insurance steps in and protects your back. While many of the claims do not materialize in financial awards, the legal costs alone may affect a small business’ financial balance.

Call us now and get appropriate professional indemnity cover for your business!

Call Now: 03 8595 5435
Get A Quote

Professional indemnity insurances for consultants

Regardless of their field of activity, consultants need to be at all times covered by insurance. Whether they are management consultants, financial consultants or solicitors, their clients rely on their advice when they make important decisions. As soon as their advice does not return the expected level of success, their clients can file a claim against their consultant and try to cover their losses.

This is when professional indemnity insurance steps in and protects your back. While many of the claims do not materialize in financial awards, the legal costs alone may affect a small business’ financial balance.

Call us now and get appropriate professional indemnity cover for your business!

Call Now: 03 8595 5435
Get A Quote

Enquire now for a professional indemnity insurance quote

Our insurance brokers are ready to evaluate your business and provide the best recommendations for you! We will assess both your business and the risks that accompany your field of activity and deliver affordable professional indemnity insurance tailored to meet your needs and cover your vulnerabilities!

Get in touch with one of our insurance agents today and protect your professional activity!

What types of businesses need to be professional indemnity insured in Australia

Professional indemnity insurance is mandatory in Australia for the following professions:

  • accountants
  • financial planners
  • consultants
  • solicitors
  • architects
  • medical practitioners

However, there are many other professions that can benefit from the advantages and protection provided by a well-chosen professional indemnity policy, such as:

  • real estate agents
  • mortgage brokers
  • builders
  • building inspectors
  • subcontractors
  • engineers
  • interior designers
  • graphic designers
  • travel agents
  • IT consultants
  • fitness professionals

Call one of our insurance brokers now and find out if your profession needs professional indemnity insurance!

Why PI insurances matter in Australia

PI insurance matters in Australia because it can make the difference between continuing your activity and closing your business following a successful financial claim against you or your partners/employees/ volunteers.

PI insurance covers any claims derived from:

  • failure to exercise your professional duty
  • breaches of contract/intellectual property rights
  • misleading and deceptive conduct
  • failure to warn
  • fraud/dishonesty of employees
  • defamation

AND covers the defence costs incurred by any of the above-mentioned claims.

Talk to a PI insurance broker today to get the cheapest quote

Get the cheapest PI insurance policy right now with our help! Call one of our insurance brokers and discuss the best insurance policies for your profession and business.

Call Now: 03 8595 5435
Get A Quote

Talk to a PI insurance broker today to get the cheapest quote

Get the cheapest PI insurance policy right now with our help! Call one of our insurance brokers and discuss the best insurance policies for your profession and business.

Call Now: 03 8595 5435
Get A Quote

Our PI brokers find the cheapest Professional indemnity insurers on the market to suit your business needs

Due to our collaborations with important insurance companies in Australia, our insurance brokers have the possibility to recommend the cheapest professional indemnity policies in the country. Despite the low costs, we can assure our customers that our insurance recommendations are tailored for their business and created to meet all the possible and unforeseen risks your small business can be exposed to!

Request a Professional indemnity insurance quote from our brokers Today

When running a small business even the small claims have the ability to affect your business reputation and assets. Protect your business from financial loss and claims with the help of our insurance brokers!

Request your PI insurance quote today and be one step ahead of any claim!