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Knowledgebase
Insurance Deductible:
the amount that an insured is required to contribute toward an insurance claim as stipulated in an insurance policy. Otherwise known as the "policy excess".

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    Insurance News

    Suncorp's Renewed Commitment to Economic Equity Initiatives Suncorp's Renewed Commitment to Economic Equity Initiatives
    16 Jul 2024: Paige Estritori

    Suncorp has launched its third Reconciliation Action Plan (RAP) designed to bolster the economic standing and opportunities for First Nations people. The new plan emphasizes deepening the insurer's existing commitments and exploring fresh pathways towards equitable growth. - read more
    Homeowner Triumphs in Ground Movement Damage Claim Homeowner Triumphs in Ground Movement Damage Claim
    15 Jul 2024: Paige Estritori

    A homeowner's dispute over damage caused by ground movement due to a leaking pipe has received a favorable verdict from the Australian Financial Complaints Authority (AFCA), promising significant coverage for repairs. - read more
    QBE Adopts Innovative Claim Strategies QBE Adopts Innovative Claim Strategies
    14 Jul 2024: Paige Estritori

    QBE has rolled out a set of enhancements to its claims handling processes, utilizing lessons learned from the catastrophic 2022 floods in Australia. These initiatives aim to mitigate delays, streamline communication, and bolster risk management practices. - read more
    Strong Aussie Dollar Encourages Bold Travel Plans Strong Aussie Dollar Encourages Bold Travel Plans
    14 Jul 2024: Paige Estritori

    In recent weeks, the Australian dollar has shown remarkable strength, bringing about a sense of optimism and renewed travel enthusiasm among Aussies. The currency has significantly appreciated, witnessing impressive highs not seen in nearly half a year. - read more
    Call for Insurance Sector to Champion Resilience Funding Call for Insurance Sector to Champion Resilience Funding
    13 Jul 2024: Paige Estritori

    Insurance companies should explore innovative solutions to tackle the rising challenges of affordability and accessibility in the sector, recommends a major consumer group, Australian Consumers Insurance Advocacy. - read more
     
    Business Insurance Articles

    The Essential Guide to Professional Indemnity Insurance for Australian Consultants The Essential Guide to Professional Indemnity Insurance for Australian Consultants
    If you're an Australian consultant, you understand that your advice is a valuable commodity. But with that value comes responsibility, and a level of risk that you could be held liable if your guidance results in financial loss to a client. This is where professional indemnity insurance comes into play, serving as a vital shield, providing protection and peace of mind for both you and your clients. - read more
    Expert Tips for Comparing and Buying the Right Professional Indemnity Insurance Expert Tips for Comparing and Buying the Right Professional Indemnity Insurance
    Professional indemnity insurance is an essential safeguard for practitioners and businesses that provide expert advice or services. This type of insurance helps to protect professionals against legal costs and claims for damages from an act, omission, or breach of professional duty in the course of their work. For Australian professionals, where litigation is increasingly common, it's a pivotal component of risk management. - read more
    Professional Indemnity Insurance: How Much Coverage Do You Really Need? Professional Indemnity Insurance: How Much Coverage Do You Really Need?
    Professional Indemnity Insurance (PII) remains one of the keystones of risk management for professionals across Australia. Yet, misconceptions and lack of awareness can lead to inadequate coverage, leaving individuals and businesses vulnerable in a litigious environment. - read more
    Top 5 Reasons Why Your Start-up Needs Indemnity Insurance Now Top 5 Reasons Why Your Start-up Needs Indemnity Insurance Now
    Starting a business is a thrilling venture, but it comes with its share of risks and uncertainties. One often underestimated aspect by many entrepreneurs is the need for adequate insurance, particularly, professional indemnity insurance. This type of insurance is crucial for protecting your start-up against potential financial liabilities resulting from errors, omissions, or professional negligence. - read more
    The Growing Importance of Cyber Insurance in Protecting Professional Practices The Growing Importance of Cyber Insurance in Protecting Professional Practices
    The professional services industry has undergone a significant transformation in recent years, largely due to the integration of digital technology into everyday business operations. From cloud computing to mobile applications, the digital landscape for professional practices has expanded, offering new avenues of efficiency and connectivity. - read more
    The Essential Guide to Professional Indemnity Insurance for Australian Consultants The Essential Guide to Professional Indemnity Insurance for Australian Consultants
    If you're an Australian consultant, you understand that your advice is a valuable commodity. But with that value comes responsibility, and a level of risk that you could be held liable if your guidance results in financial loss to a client. This is where professional indemnity insurance comes into play, serving as a vital shield, providing protection and peace of mind for both you and your clients. - read more
    Top 5 Reasons Why Your Start-up Needs Indemnity Insurance Now Top 5 Reasons Why Your Start-up Needs Indemnity Insurance Now
    Starting a business is a thrilling venture, but it comes with its share of risks and uncertainties. One often underestimated aspect by many entrepreneurs is the need for adequate insurance, particularly, professional indemnity insurance. This type of insurance is crucial for protecting your start-up against potential financial liabilities resulting from errors, omissions, or professional negligence. - read more
    Professional Indemnity Insurance: How Much Coverage Do You Really Need? Professional Indemnity Insurance: How Much Coverage Do You Really Need?
    Professional Indemnity Insurance (PII) remains one of the keystones of risk management for professionals across Australia. Yet, misconceptions and lack of awareness can lead to inadequate coverage, leaving individuals and businesses vulnerable in a litigious environment. - read more
    Protect Your Intellectual Property: The Role of Indemnity Insurance in Safeguarding Assets Protect Your Intellectual Property: The Role of Indemnity Insurance in Safeguarding Assets
    Intellectual Property (IP) stands as one of the core components of any modern business, particularly for startups where innovation is often the primary competitive edge. Understanding and protecting IP is not just about safeguarding ideas; it's a critical aspect of maintaining a business's unique market position and its long-term viability. - read more
    The Growing Importance of Cyber Insurance in Protecting Professional Practices The Growing Importance of Cyber Insurance in Protecting Professional Practices
    The professional services industry has undergone a significant transformation in recent years, largely due to the integration of digital technology into everyday business operations. From cloud computing to mobile applications, the digital landscape for professional practices has expanded, offering new avenues of efficiency and connectivity. - read more

     

     
    Professional Indemnity Australia :: Brokers

    Professional Indemnity Australia Brokers

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