Insurance News from Professional Indemnity Australia
Professional Indemnity Australia is pleased to present the latest financial news headlines.
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Insurance News
| Industry Bodies Call for Reforms in Professional Indemnity Insurance to Address Systemic Failures 21 Mar 2026: Paige Estritori In a concerted effort to enhance the effectiveness of professional indemnity (PI) insurance within Australia's financial services sector, leading industry bodies have submitted a joint proposal to the Treasury. The submission, dated 13 February 2026, underscores the necessity for increased transparency and proactive measures to prevent systemic failures that have previously led to significant consumer losses. - read more |
| BizCover and Zurich Collaborate to Enhance Professional Indemnity Insurance for Australian SMEs 13 Mar 2026: Paige Estritori In a significant development for Australian small and medium-sized enterprises (SMEs), BizCover has announced the addition of Zurich's Professional Indemnity (PI) insurance product to its online platform, effective from 3 March 2026. This collaboration aims to provide SMEs with enhanced access to comprehensive PI coverage, addressing a critical need in the business community. - read more |
| Markel Unveils Tailored Professional Indemnity Insurance for Australian Market 13 Mar 2026: Paige Estritori In a significant development for the Australian insurance market, Markel, a US-based specialty insurer, has launched professional indemnity (PI) insurance products tailored specifically for Australian businesses. This strategic move comes in response to a notable reduction in PI insurance capacity over recent years, leaving many professionals seeking reliable coverage options. - read more |
| Sterling Insurance Enhances PI Offerings with Lloyd's Binder 13 Mar 2026: Paige Estritori Sterling Insurance has successfully secured a new professional indemnity (PI) binding authority with Lloyd's, a move that promises 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 |
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| BizCover and Zurich Collaborate to Enhance Professional Indemnity Insurance for Australian SMEs 05 Mar 2026: Paige Estritori In a significant development for Australian small and medium-sized enterprises (SMEs), BizCover has announced the addition of Zurich's Professional Indemnity (PI) insurance product to its online platform, effective from 3 March 2026. This collaboration aims to provide SMEs with enhanced access to comprehensive PI coverage, addressing a critical need in the business community. - read more |
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