Professional Indemnity Insurance
Protect your organisation from claims
Professional Indemnity Insurance can help protect your organisation from claims arising from the way you have provided, or failed to provide, your professional services.
What you can be covered for:
Breach of professional duty
Libel and slander
Loss of documents
Fraud and dishonesty
This policy indemnifies you against claims for misleading or deceptive conduct made under:
The Competition and Consumer Act 2010 (Cth), the Australian Consumer Fair Trading Act 2012 (Vic), and similar legislation in other states.
Legal representation for investigations
Indemnity for agents' negligence
Cover for expenses for public relations or media advisors in the event of a crisis
How does Professional Indemnity Insurance work?
Professional Indemnity Insurance in action
After a series of repeated indiscretions, and having received several warnings, a student was expelled from school. Subsequently, the parents of the student issued Supreme Court proceedings against the school alleging a breach of professional duty towards their child, as well as breach of contract with the parents.
A claim was lodged under the school's Professional Indemnity Insurance policy and a settlement was negotiated for the amount of $50,000 plus defence costs of $35,000. These costs were all covered by CCI.
Need help to reduce your risk?
CCI's Risksupport team is dedicated to helping you minimise risks. As a valued CCI client, we can help you create safe and secure workplaces, and protect your property and assets.
We've developed a range of Risksupport tools and resources to help you reduce the chances of accidents, injury or interruption to your valuable services.