Professional Indemnity

Working towards an early resolution

 
Professional indemnity claims are rarely straightforward. But our clients—the insurers—are always front of mind. How insureds are treated also matters, which makes PI a sensitive issue that requires a dual focus. And we know exactly how to strike that balance.

It’s one of the reasons we’re popular with the major domestic, London and US-based insurers. These companies underwrite professional indemnity cover for a host of professionals—engineers, architects, designers, certifiers, financial planners, solicitors, barristers, tax advisors, accountants and other financial services professionals.

Timing is everything. We get in early to understand the exposure and the issues, so we can quickly achieve a great result. In our experience, early resolution strategies reduce costs and risk. We also don’t mind telling you that we always set appropriate reserves at a sustainable and stable level.

We’re collaborative. We work closely with insurers, insureds and brokers—being all too aware how sensitive these matters can be—and agree on a strategy based on the claim’s merits and likely path.

Claims management isn’t the only string in our bow. We provide advice on coverage, defence and investigations, complex liability, coverage disputes and damages. We help with corporate insurance policy wording, operational issues, risk management, good faith, conditions, exclusions, premium loading and endorsements. In transactions, our expertise covers insurance clauses, risk transfer, caps on liability and due diligence.

Reinsurers seek us out to discuss contract drafting and interpretation. Sometimes we're drawn into claims advice, complex coverage disputes, commutations and schemes of arrangement.

Clients value our approach so much they even get us to train their people on the fundamentals of professional indemnity insurance and reinsurance.
 

What others say

Winner, Australasian Law Awards, Insurance Specialist Firm of the Year 2018, 2017 & 2016