Professional Indemnity Insurance
Architect, Accountant, Consultant, Engineer, Design, Mining or Real Estate Industry? For physical injury or harm, you have public liability… But what if someone sues you for loss or damage as a result of professional services? Consolidated Insurance Brokers make getting professional indemnity insurance quotes fast, simple and easy. Call us now to save time and compare the insurance market.
The resource of choice for the country’s most forward-thinking insurance professionals.
The resource of choice for the country’s most forward-thinking insurance professionals.
Professional Indemnity Insurance
Rely On A Reputable Insurance Broker
What is Professional Indemnity Insurance?
Everyone makes mistakes at times. But as a business or consultant paid to provide a service or professional advice, you could be liable for negligence for any mistakes you make.
Not only will a resulting lawsuit be expensive, but the reputation you’ve worked hard to gain could be damaged, costing you potential income.
This is where professional indemnity insurance steps in; it can cover defence costs, compensation of claims, reputation repair and more so you can get right back to business.
Whether you’re in accounting, architecture, consulting, design, engineering, mining, project management or real estate, you’re prepared for the unforeseen.
What can be covered
- Errors & omissions
- Faulty designs
- Inaccurate advice
- Inquiry costs
- Defamation
- PR & reputation repair
What may not be
- Employer's liability
- Bankruptcy
- Disputes regarding fees
- Known defects & breaches
- Intentional acts
- Loss or damage to own resources
Professional Indemnity Insurance
Protect the reputation you’ve worked hard to gain with Professional Indemnity Insurance.
Professional Indemnity claim example
James is an engineer who designs the supporting foundations of a residential property. He makes an error with the site calculations – which leads to the slab cracking and damage to the newly constructed home.
His company is liable for this loss, which could be anywhere between $150,000 up to the full replacement value of the house.
As James has professional indemnity insurance, he’s covered for this amount – as well as any legal expenses if the matter goes to court.
Even if it turns out James did nothing wrong, his policy will still pay to defend him and save him $30,000 in legal defence costs.
Why Choose CIB?
Consolidated Insurance Brokers can help by placing you with the best policy for your needs. We’ll find you the most competitive rate possible, and offer advice to ensure your insurance protects what matters.
Our Expertise
Committed to finding you the best insurance solution, our team of knowledgeable insurance brokers will get you the best price available
Your Partner
Safe time and effort by letting our team of expert insurance brokers do the work for you, we can manage your insurance on your behalf.
Clear Terms
We will put an end to the endless jargon, we can help you understand your quotes and policies in clear terms.
Full Cover
We are able to access insurance policies that are not available when buying direct, allowing us to get you a more comprehensive cover and better benefits.
What our clients have to say
109 James Street, New Farm
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I recently had the privilege of connecting with Mark McGuire. I had never used a broker for my Strata Insurance, but it was the best decision I made this year. Not only did he save us nearly $1600, but the properties are … More now insured for more and with better coverage options. He was extremely efficient and made the process very easy. I could not recommend his services any more highly!
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I can't recommend Alison and the team highly enough. I had an urgent request for building insurance and Alison ensured we became a priority as we had to have insurance within the day. She tailored our request to get … More the best possible cover and price. Thank you!
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I have just started my own business and insurance is a must I contacted consolidated insurance brokers and was able to speak with someone who knew what I needed and was very helpful with ideas on having the correct insurance … More policies.If you want insurance at the best rate possible look no further.Tracey Eaton has many years of experience dealing with insurance companies and will find you the best rate possible.Having a broker like Tracey gives me piece of mind that I will always only pay for things I need for my business.Thank you Tracey for all your help with getting the right insurance for me.
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If you need an exceptional insurance consultant, I strongly recommend Clayton at Consolidated Insurance Brokers! He is the best! From our first conversation, my requirements were understood and concerns availed. With strong … More policy knowledgeable and sharp solutions, Clayton made clear the process, showing professional care for me and my business specific needs. I am very pleased with the identified solution from a top tier insurance firm at a great competitive price. I very much enjoyed our conversations and now look forward to welcoming Clayton to my cafe.
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Alison went out of her way to provide information need to review an existing account with another broker. It was easy to explain what was wanted and recommendations from Alison enabled the review to flow. Her knowledge of … More the Insurance world impressed me and she is a pleasure to speak with. Alison is credit to the company and is easy to speak with. I was sorry we could not get a better figure. but she did her best. Thank you for allowing me to comment.
How can we help?
With access to a range of quality insurers, and policies not available to the public, we can offer you a range of quotes.
We’ll help you compare the coverage offered for each, so you can choose what’s best for your needs.
For every new business quote and renewal, we break down all important changes and comparisons for you in plain English.
A tailored Professional Indemnity policy ensures you’re protected from many possible risks involved with advice and services.
Frequently Asked Questions
There are many benefits of using a broker over buying directly from the insurer. Insurance brokers:
- Work on your behalf to secure you better protection through their negotiating power
- Help you understand your risks and empower you to make better life / business decisions
- Ensure insurers are held accountable to their promise to protect what you value during claims
- Save you time and money by taking care of comparing and customising policies for your needs
No Obligations, Completely Free
Get a Quote Today
Talk today with our team to find the right kind of insurance that will suit your needs.
