HEAD OFFICE

Unit 5, The Groves

3986 Pacific Highway Loganholme

Queensland, Australia 4129

Toll Free: 1300 780 655

Phone: +61 7 3380 7901

E: info@biggroup.com.au

VIRGINIA OFFICE

2/94 Robinson Road East

Virginia Queensland,

Australia 4014

Phone: +61 7 3865 2600

E: info@biggroup.com.au

Any Financial Services are provided by BIG Financial Services Pty Ltd. BIG Financial Services Pty Ltd ABN 96 131 377 752 is a corporate Authorised Representative of No. 0491253 of Alliance Wealth Pty Ltd ABN 93 161 647 007 AFSL No. 559221

Any General Insurance advice and products are provided by Business Insurance Group Pty Ltd. Business Insurance Group Pty Ltd ABN 13 086 264 851 is an Authorised Representative No. 233918 of Insurance Advisernet Australia Pty Ltd ABN 15 003 886 687 AFSL No. 240549 and is authorized to provide you with advice in the area of General Insurance products.

© 2018 Business Insurance Group Pty Ltd (BIG)

Professional Indemnity Insurance

Why do I need Professional Indemnity Insurance?

 

Nobody is perfect, and we all make mistakes (even professionals). That’s why it’s called ‘Professional’ Indemnity insurance, or PI.

 

It’s designed to protect people who give advice or provide a professional service. If it’s alleged you have made a mistake, provided inadequate or inaccurate advice, misstated a fact, or have been just plain misinterpreted, PI will protect you financially and help save your reputation too. Professional Indemnity is undoubtedly one of the most complex areas of insurance which is why we have a group of highly trained professionals ready to dissect your needs and make sure you're covered from every angle.

To give you some insight into some of the professions we work with, a list is below. However, the definition of what constitutes "professional services" is always expanding so if you're unsure, be sure to chat to us about your needs:

  • Accountants 

  • Excess Layers (top-up cover), particularly for Lawyers 

  • Engineers 

  • Architects 

  • Registered Training Organisations (RTO)

  • Corporate Advisory Practices 

  • Recruitment Agents 

  • Energy Efficiency Consultants 

  • SCADA/PLC Programmers 

  • Design and Construct Professionals 

  • Management Consultants 

  • Food Industry Consultants 

  • Real Estate Agents 

  • Property Developers 

  • Surveyors 

  • Project Managers 

  • Facilities Management (including mining) 

  • Mining consultants 

If you would like us to provide an obligation free appraisal of your needs, please Contact us.

Professional Indemnity

Professional Indemnity insurance protects businesses that provide advice or tender professional services of any kind from financial loss, injury or damage arising from a mistake or failure by the professional to exercise the required level of skill.

 

This may mean that an award is made in favour of a person who suffers a loss, damage or injury. 

 

If a professional holds themselves out as having a special skill, which can be relied upon by another, they should consider Professional Indemnity Insurance as crucial.

 

For full details of the Product Disclosure Statements please Contact us.

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