PII

Home About Us Articles Sitemap Apply

Insurance News from Professional Indemnity Australia

Professional Indemnity Australia is pleased to present the latest financial news headlines.

To read an entire news item, simply click on the headline.

News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

Clear

Treasury's Initiative to Bolster Professional Indemnity Insurance and CSLR

17 Feb 2026: Paige Estritori

The Australian Treasury has commenced a consultation process aimed at improving the effectiveness of professional indemnity (PI) insurance, with the goal of strengthening the Compensation Scheme of Last Resort (CSLR). This initiative seeks to gather stakeholder feedback on the current operation of PI insurance and explore opportunities for enhancement. - read more

Sterling Insurance's New Lloyd's Binder: A Boost for Professional Indemnity Offerings

17 Feb 2026: Paige Estritori

Sterling Insurance has announced the acquisition of a new professional indemnity (PI) binding authority with Lloyd's, a move set to provide Australian brokers with greater control over product offerings and pricing structures. This development is part of Sterling's ongoing commitment to delivering tailored insurance solutions that meet the specific needs of niche and complex risk sectors. - read more

APRA Reports Surge in Public Liability and Professional Indemnity Insurance Costs

17 Feb 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has released its latest National Claims and Policies Database (NCPD) statistics, highlighting a significant increase in public liability and professional indemnity (PI) insurance premiums. This trend poses financial challenges for businesses across the nation. - read more

Treasury Initiates Review of Professional Indemnity Insurance to Support CSLR

09 Feb 2026: Paige Estritori

The Australian Treasury has commenced a consultation process aimed at improving the effectiveness of professional indemnity (PI) insurance, with the goal of strengthening the Compensation Scheme of Last Resort (CSLR). This initiative seeks to gather stakeholder feedback on the current operation of PI insurance and explore opportunities for enhancement. - read more

Landmark NSW Ruling: New Risks for Construction Liability Insurance

09 Feb 2026: Paige Estritori

Recent developments in New South Wales have significantly altered the liability landscape for construction professionals. A landmark court ruling in the Pafburn case has removed the proportionate liability defence previously relied upon by developers and head contractors, thereby increasing their exposure to claims related to building defects. - read more

Click for more Insurance News

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.