Professional Indemnity, Professional Lines

Professional Indemnity
for Commercial & Financial Institutions

We have the ability to place Professional Lines for Commercial Clients and Financial Institutions consisting of Professional Indemnity (Errors and Omissions), Directors & Officers, Management Liability and Crime (including Cash in Transit risks). These policies can be placed on a stand-alone, combined or excess of loss basis in Australian, Lloyd’s or European markets.

Who we work with

• Direct buyers & clients of insurance;
• Wholesale to insurance brokers;
• Associations, Affiliations & Professional Bodies.

Peace of mind

• Confidence your needs will be met;
• Financial security through highly rated and stable insurers;
• Continuous monitoring of those insurers;
• Immediate senior executive response and, when required, access to the owners of Insurance House.

Knowledge of product

• Experienced and highly skilled specialists in niche product areas;
• Unique products designed for specific industries, often not available elsewhere;
• Diversity of staff - all ages, specialities & skills catering to your needs.

Simple, efficient administration

• Delegated underwriting authorities granted to us by insurers. A clear indicator of the insurer’s confidence in us and our ability to provide clients with great service;
• IT systems, including e-commerce, for your convenience;
• Flat management structure – every member of our team gets involved at every level of service delivery.

Competitive premiums

• Access to worldwide markets;
• Direct access to Lloyd’s of London;
• Tailored cover. Assessing your risk and only transferring to insurance those exposures you cannot manage physically or financially.

Risk Management Expertise

• Regular updates regarding changes to legislation which may effect you;
• Continuity planning and disaster recovery to help minimise the affect of losses on your profitability;
• Cognitive assessment & training;
• Sophisticated services (ie: legal contract reviews) carried out on your behalf.

Classes of business

Professional Indemnity (Errors & Omissions)

• Accountants
• Affinity Groups
• Architects
• Banks
• Construction
• Corporate Service Providers
• Engineers
• Financial Institutions/Fund Managers
• Investment Advisors
• (Independent) Financial Advisors
• Hedge Fund Managers
• Insurance Brokers/Wholesalers
• International Businesses
• IT Specialists
• Property Managers
• Public Relationships/Media Consultants
• Management Consultants
• Medical Malpractice
• Solicitors/Lawyers
• Stockbrokers
• Surveyors
• Trustees

And liabilities for other Financial Institutions arising out of advice given and recommendations made in their professional capacity. Cover is often written on a specialised professional wording, however a miscellaneous wording is available for clients providing professional advice who do not fit into any of the above professions.

Directors & Officers Liability/Management Liability

D&O and Management Liability policies for a wide range of businesses from Start-Up Operations and Private Entities to Top 100 companies in Australia.

Commercial Crime & Bankers Blanket Bonds

We work with Financial Institutions and commercial clients who require coverage from losses including:

• Valuables on the premise or in transit (burglary & theft);
• Unauthorised trading & electronic securities;
• Security bonds;
• Forged cheques & counterfeit currency;
• Infidelity of staff;
• Cash.