Protect your Professional Reputation and Personal Assets
No matter your experience or qualifications we are all likely to make a mistake or deal with a client who believes you have made one. Only a professional indemnity insurance or PI insurance can protect you from any such unpredictable scenario.
Whether or not your advice or design was negligent you need to know that you and your business are protected against potential claims with professional indemnity insurance and exposure to expensive and time consuming litigation when your hard earned professional reputation is questioned.
Professional Indemnity insurance (or PI Insurance) provides comprehensive protection from claims for financial loss, bodily injury or property damage arising from the performance of your professional services. The PI insurance policy will also advance defence costs to your business fund the defence of the claim protecting both your reputation and the cash flow of the business.
As well as your clients you are exposed to potential litigation from
- Regulatory Authorities such as the ACCC, ASIC or the OPC.
- Government Registration Bodies such as the Tax Practitioners Board or Medical Registration Board
- Your professional associations who governs the rules and regulations regarding your business
- Another third party who suffers a financial or bodily injury due to the performance of your professional services.
Professional Risks Experts
McKenzie Ross employs experienced professional indemnity practitioners who will provide you with a comprehensive review of your PI insurance exposure and provide a tailored professional indemnity insurance solution to suit your practice's needs.
Local Knowledge, Global Reach
McKenzie Ross has the local knowledge to transact business with all of the major Australian professional indemnity insurers and underwriting agencies. However if adequate PI insurance policy terms and conditions cannot be sourced in Australia then we can utilise our subsidiary company Prime Underwriting Australia Pty Ltd to approach the Lloyds of London insurance market on your behalf.
For a comprehensive glossary of Professional Indemnity Insurance terms see our page Professional Indemnity Insurance Explained or
Professional Indemnity Insurance FAQ
In order to arrange terms please click here to access quotation / proposal form and once complete save and email to firstname.lastname@example.org
If you are in the following industries please complete the addendum below