Business Details
Trusted Specialist Insurer in Australia
Berkley Insurance Australia (BIA) is a world-class general insurer specialising in tailored solutions across a range of product lines. Our motto of 'local underwriters supporting local brokers' ensures fast responses to quotes, risk submissions, and claims. With a global affiliation to W.R. Berkley Corporation, we combine local expertise with international strength, evidenced by our A+ ratings from Standard & Poor's and A.M. Best. Our commitment to innovation is demonstrated through our BindIT platform, enabling brokers to obtain quotes and bind policies instantly.We prioritise accessibility, with underwriters available for immediate consultation, and maintain a strong focus on fair and prompt claims handling. Our ASIC and APRA authorisations underscore our dedication to regulatory compliance and the Australian market. With over a decade of partnerships and multiple industry awards, including Insurer of the Year recognitions, we have established ourselves as a leading specialist insurer for businesses of all sizes.
Services
Public and Products Liability Insurance
Professional Indemnity Insurance
Design and Construction Insurance
Medical Malpractice Insurance
Association Liability Insurance
IT Liability Insurance
Management Liability Insurance
Directors and Officers Insurance
Sole Traders ML Insurance
Life Sciences Liability Insurance
Highlights and features
- We offer fast and reliable service with local underwriters available for immediate consultation.
- Our A+ financial strength ratings from Standard & Poor's and A.M. Best ensure security and stability.
- We provide innovative solutions through our automated broker portal, BindIT, enabling instant policy binding.
- Our team of specialist underwriters brings extensive local market knowledge and industry expertise.
- We maintain a proven track record of excellence with multiple Insurer of the Year awards.
Associations and certifications
- Standard & Poor's
- A.M. Best Company
What people say
Fast claims processing
Excellent broker support
Reliable underwriting
Prompt service
Award-winning insurer
Services
Public and Products Liability Insurance
Public and Products Liability Insurance protects businesses from financial loss due to third-party claims for bodily injury, property damage, or advertising injuries arising from business activities or products. This coverage ensures businesses can focus on operations without the burden of unexpected legal liabilities. Our policies provide comprehensive protection, including defence costs and settlements, tailored to industries such as manufacturing, retail, and contracting.
Professional Indemnity Insurance
Professional Indemnity Insurance safeguards professionals against claims for financial loss resulting from negligence, errors, or omissions in their services. Designed for consultants, accountants, engineers, and more, this coverage includes legal defence costs and settlements. Our policies address risks such as breach of professional duty, misleading conduct, and intellectual property disputes, ensuring professionals maintain their reputation and financial stability.
Management Liability Insurance
Management Liability Insurance protects companies and directors from claims arising from wrongful acts in business management. This includes coverage for legal defence costs, settlements, and employment practices liabilities. Tailored for private and public companies, our policies address risks such as breach of duty, fraud allegations, and regulatory investigations, providing directors with confidence in decision-making.
Medical Malpractice Insurance
Medical Malpractice Insurance covers healthcare professionals and facilities against claims for compensation due to alleged negligence in patient care. This policy protects against legal defence costs and settlements related to misdiagnosis, treatment errors, or procedural mishaps. Designed for private hospitals, clinics, and practitioners, it ensures continuity of care and reputation management in high-risk scenarios.
IT Liability Insurance
IT Liability Insurance combines professional indemnity and public liability protection for technology professionals. This policy addresses risks such as data breaches, software defects, and third-party property damage. Tailored for IT consultants, developers, and service providers, it covers legal defence costs, settlements, and business interruption losses, ensuring comprehensive protection in the evolving digital landscape.
Questions
What is Public and Products Liability Insurance?
Public and Products Liability Insurance protects businesses from financial loss due to third-party claims for bodily injury, property damage, or advertising injuries arising from business activities or products.
Who is a Design & Construct Policy for?
A Design & Construct Policy is for entities performing physical construction and design services, providing protection against claims for financial loss from professional errors or omissions.
What does an Information Technology Organisations and Professionals Insurance Policy cover?
This policy covers IT professionals against claims for financial loss from supply of IT services or products, including professional indemnity and public liability protections.
What is Management Liability Insurance?
Management Liability Insurance protects companies and directors against claims for financial loss from wrongful acts in business management, including employment practices and regulatory investigations.
Does Berkley offer run-off cover for Professional Indemnity policies?
Yes, Berkley offers run-off cover on an offer and acceptance basis with a sliding scale premium decrease over time.
What is the difference between Management Liability and Association Liability insurance?
Association Liability insurance is tailored for non-profits, covering directors and the organisation against management-related claims, while Management Liability applies broadly to companies.
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